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Showing 731 - 740 of 4096 results for "Conduct"

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... provided by Scholz "formed part of the continuous and systemic business operations by which Mr Scholz derived profit". The conduct occurred between March 2020 and November 2021, during which time Scholz positive Instagram stories about particular companies ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... previously frozen by the Federal Court. ASIC deputy chair Sarah Court said that ASIC was particularly concerned by Goel's conduct, which had many characteristics of a scam and a direct and adverse impact on First Nations consumers. "ASIC will continue ...

ASIC proceedings name Pendal board member

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022
... performance, including how a company deals with significant issues. "Directors and officers are a critical part of the conduct of business in Australia," Longo said. "Their duty is to understand the operations of the company over which they preside ...

HNWIs remain interested in digital assets: Report

CHLOE WALKER  |  TUESDAY, 13 DEC 2022
Australian high-net-worth investors (HNWI) have continued to take an interest in digital assets this year despite market volatility, according to digital asset manager Matrixport's Private Wealth in Digital Assets Study. The study, commissioned ...

Former Statewide Super executives charged

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... both executives' employment in January 2020 following an internal investigation. The fund subsequently reported this conduct to ASIC. Eastwood and Netting appeared before the Court on December 9, charged with six counts and one count respectively ...

JPMorgan Asset Management launches sustainable ETFs

CHLOE WALKER  |  MONDAY, 12 DEC 2022
JPMorgan Asset Management has launched two active sustainable ETFs on the ASX. The JPMorgan Climate Change Solutions Active ETF (T3MP) invests in companies that the global asset manager believes are poised to benefit from growing demand for climate ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... Chester added: "If it does, we expect life insurers to find and fix system problems and follow our remediation guidance to conduct a fair remediation and return money owed to customers in a timely way." ASIC's statement follows its recent joint letter ...

ASIC abandons $500k SMSF threshold

ANDREW MCKEAN  |  FRIDAY, 9 DEC 2022
ASIC has updated guidance on SMSF advice, deciding to remove $500,000 as an indicator of the "appropriateness of advice" to establish a SMSF. ASIC hasn't opted to nominate a minimum threshold but said fund expenses are proportionality higher, and net ...

Latest adviser exams see 57% pass rate

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
Just over half of the candidates who sat the November exam passed, revealed ASIC. ASIC released the 19th cycle Financial Advisers Exam results and said, of the 282 candidates who sat the test, only 161 (57%) were approved. It explained 57% sat the test ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... CountPlus in October 2019. In connection with the sale, CBA provided an indemnity to CountPlus to cover remediation of past conduct. Countplus also made an announcement regarding the increased remediation costs. Countplus said: "As foreshadowed by CountPlus ...