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Showing 751 - 760 of 2384 results for "Finding"

ASIC, IOSCO report on debt capital raisings

ALLY SELBY  |  THURSDAY, 24 SEP 2020
The corporate watchdog has released a report into its findings on debt capital raisings following two years of surveillance of market practices. ASIC's 668 Report noted that while a properly functioning debt capital market (DCM) is vital for the real ...

Many who accessed ERS unsure of impact: Research

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme. The study, conducted by the ARC Centre of Excellence in Population Aging Research ...

Westpac reaches $1.3bn AUSTRAC deal

ELIZA BAVIN  |  THURSDAY, 24 SEP 2020
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ...

Westpac scraps SG direct debits

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
... CareSuper, Hostplus and Statewide Super. Without the ease of SG automatic deductions from their accounts, some employers are finding it difficult to transition to a new payment method. One employer expressed frustration via LinkedIn about her super fund ...

MSCI launches UN SDG alignment tool

KARREN VERGARA  |  FRIDAY, 18 SEP 2020
... alignments than misalignments. A larger share of developed-market companies (60.9%) were aligned with more SDGs. "This finding may suggest that companies in highly industrialised nations face greater pressure to mitigate their effect on the environment ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
... that some industry participants are currently discussing alternatives with APRA. "A few of us are talking to APRA about finding a lower cost option, particularly for smaller funds to move into larger ones," Nance confirmed. Of the roughly 180 super funds ...

Advice too expensive, hard to access: FPA

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
New research has revealed COVID-19 has altered Australian spending behaviour, with more households in a fragile financial position than ever before and facing reduced access to financial advice. The research from CoreData, presented at the Financial ...

SMSF claim over Dreamworld deaths hits snag

ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... guarantee, insurance documents and insurance related correspondence. However, a judge dismissed the application after finding that Ingram and Tulloch did not have a proper reason to inspect the documents. The judge noted that Ardent Leisure's liquidity ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

ASIC reinforces power to obtain documents

ELIZABETH MCARTHUR  |  MONDAY, 14 SEP 2020
... entitled to seek such a broad range of documents. But Maxi EFX was unsuccessful in its argument, with a Federal Court judge finding in ASIC's favour. The judge noted that the notice from ASIC sought Maxi EFX to produce a large number of documents ...