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Showing 701 - 710 of 2686 results for "Fair"

ASIC increases short selling surveillance

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... information could breach insider trading prohibitions. ASIC commissioner Cathie Armour said investors expect to transact in a fair and informed market. "When activist short sellers provide accurate and meaningful new information, they can have a positive ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... that current regulatory arrangements are inadequate and greater oversight of the industry is required in order to ensure fair and reasonable outcomes for all class members," treasurer Josh Frydenberg said. The government has acted on Recommendation 29 ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... many of our clients this reform will be the difference between walking away from a relationship with nothing and getting a fair split of super assets that will help them recover financially from years of abuse," Clarke said. "We urge the government to ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries ...

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... ethics as a frame of reference into their business practice, making more effort to being transparent, trustworthy, honest and fair, he said. "Doing what you say you will do and when you are going to do it are hallmarks of trust," he said, adding that ...

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... Standard, Farrar said: "Our approach to selecting our new ELT was rigorous and involved a closed merit process to ensure a fair and transparent decision took place." "We are fortunate to have an exceptionally talented, motivated team, and I am very optimistic ...

Macquarie Securities slapped with $126k fine

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... Further, the MDP was not satisfied that MSA's conduct in relation to any of buy-back transactions on the ASXC were not fair and orderly. "MSA's conduct did not affect the price of the shares and did not result in the other participant's sell ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees. AIST also says one in ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...