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Showing 751 - 760 of 5966 results for "Second"

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... loss" to its customers. The SEC filed its complaint against Kraken in San Francisco federal district court. It's the second time this year Kraken has been in trouble with the SEC. Earlier this year it agreed to cease offering or selling securities ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... and Accumulate Plus and those with defined benefit (other than lifetime pension) entitlements, has been completed. The second tranche is the transfer of the fund's 3700 lifetime pension members, representing about $2 billion, and is expected to occur ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... a significantly lower cost than today." He is beginning to see some support for this idea and hopes it will emerge as a second phase of the Quality of Advice reforms. Separately, Ryan Harbin has joined Allianz Retire+ as the state manager of Queensland. ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Global pension funds are increasing investments in Australian agriculture, the nation's second-largest real estate sector, prompting Warakirri Asset Management managing director Jim McKay to question the relative absence of superannuation funds. Warakirri ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... anticipates further actions to address these systemic member service failures. During the quarter, ASIC also filed its second and third greenwashing matters, with allegations of misleading statements made against Vanguard Investments Australia and Active ...

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... Australians access to institutional-quality portfolios that best meet their desired investment goals." Discover is the second new offering delivered by HUB24 to advisers this year. In August, it added new data feeds and automation capabilities to its ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... cash rates from the start of the tightening, margins rose only 11bps for the year as a whole and actually fell 7bps in the second half as competition intensified." Garland also explained strong banks equal a strong economy. "You'd rather strong banks ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
A former financial adviser who was jailed for breaching COVID-19 border restrictions to attend the AFL Grand Final had his ASIC banning order reduced. Mark Babbage, who was an authorised representative of Wealthsure and Capstone Financial Planning ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... of the year lifted 1.2%, in line with our forecast, but a tick above consensus, and a re-acceleration from 0.8% in the second quarter," the report said. "The year-on-year remains on a moderating trend, but at 5.4% was above the RBA's implied forecast ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
Prime Value Asset Management is launching its second fund that invests in retirement villages targeting sophisticated investors in mid-November. The Prime Value Retirement Living Fund 2 will invest in four properties based in Victoria that have about ...