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Showing 741 - 750 of 3708 results for "Order"

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first rate hike since June 2014 - in order to "maintain low inflation and support maximum sustainable employment". Soon after the Bank of Canada (BOC) stopped (right now ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders to allow them to vote on the merger. PAF directors ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
The corporate regulator banned a Queensland-based financial adviser for three years after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... addition, more than $2.4 million has been transferred from A One Multi to buy crypto assets. On October 21, the court made an order to put A One Multi into the receivership of John Ross Lindholm and Timothy James Michael, and to freeze the assets of ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
Piper Alderman launched a class action against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial ...

ASIC smooths path for crypto ETFs

ELIZABETH MCARTHUR  |  MONDAY, 1 NOV 2021
ASIC has released guidance for product issuers on crypto exchange traded products, with the industry broadly supporting the regulator's stance. ASIC's good practice guide includes admission and monitoring standards, custody of crypto-assets, pricing ...

J.P. Morgan joins OpenInvest

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... it's never been easier or cheaper to trade. Yet, it's never been more difficult to know what to buy or when to sell, in order to have a proper, diversified investment portfolio." Pinnacle Investment Management recently become a cornerstone investor in ...

Taxpayer Bill of Rights recommended

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... to tax administration in Australia. It highlights a number of legislative frameworks that the government should change in order to provide taxpayers with better service," he said. "The Australian Taxation Office has undertaken considerable reform and ...

eToro expands crypto offering

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... beyond a store of value, instead using it as a way to diversify their portfolios beyond traditional assets like stocks, in order to hedge against risks such as inflation." Still, he urged investors to keep in mind that crypto is a highly volatile asset ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...