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Showing 701 - 710 of 8321 results for "retail"

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... (TMD), and design and distribution obligations (DDO). The newly published Report 770 Design and distribution obligations: Retail OTC derivatives found that most issuers produce deficient TMDs and fail to meet DDO. Based on its findings, ASIC warned that ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Integrity Life will not take on any new retail advised business, saying the decline in risk advisers has forced a strategic pivot. Integrity Group, the parent company of Integrity Life, said it undertook a review of the business' strategy, considering ...

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... concerned its target market determinations were deficient, preventing from issuing new contracts for difference (CFDs) to retail clients.

Natixis IM eyes expansion with new retail AFSL

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
Natixis Investment Managers has expanded its Australian Financial Services Licence (AFSL) to target retail clients, affording broader access to strategies from its collective of global investment managers. Natixis IM country head of Australia and New ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
... referred to the Australian Financial Complaints Authority (AFCA) relating to the provision of financial services to its retail clients". "The directors have assessed complaints for which there is less than a probable likelihood of restitution (including ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
... sovereign bonds for the first time following the settlement of a world-first class action lawsuit. The case, filed in 2020 by retail investor Kathleen O'Donnell, was represented pro bono by Equity Generation Lawyers principal David Barnden. O'Donnell's ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... transition, may also impact inflation. "This is because energy prices have a sizeable direct impact on inflation, with retail electricity and gas prices accounting for around 3% of the CPI basket," she said. "There are also indirect effects, as businesses ...

Russell adds to sustainable managed portfolios

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
... to their values," Russell head of adviser and intermediary solutions in Australia Neil Rogan said. The new options give retail and wholesale investors access to some leading investment managers and strategies seeking a positive sustainable outcome, he ...

Barings expands APAC team

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... its long-term growth strategy." The firm plans said it make additional new hires covering the institutional, wealth and retail businesses in Australia, Greater China, and Southeast Asia. In March, Barings took on Brisbane-based Gryphon Capital Partners ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... regulatory change, Evolution Trustees has established a division to help investment houses transition their wholesale funds to retail. The move is in response to Treasury's review of managed investment schemes and consultation on the wholesale client ...