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Showing 771 - 780 of 4503 results for "Case"

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... comment further as the matter is now before the courts," a Mercer spokesperson said in a statement. The date for the first case management hearing is yet to be scheduled by the Federal Court. ASIC has already slapped over $140,000 in infringement notices ...

ASIC questioned over workplace culture

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
ASIC has been asked if its culture is toxic following the Treasury investigation into deputy chair Karen Chester. At a hearing this morning, a letter written by Secretary Treasurer Kennedy to ASIC chair Joe Longo regarding Chester's conduct was ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... batch settlements, warning that this affects core business functionality, requiring "potentially invasive manual fixes" in case of failures. The bourse flagged the replacement project in February 2015. Seven years on and $255 million down the drain ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA explained that it a ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
Plans to allow access to offenders' superannuation savings as a means of recourse for victims and survivors of child sex abuse should be extended and made applicable to all major and violent crimes, associations say. In a joint submission to Treasury ...

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... the UK's financial markets regulator to settle its investigation against the failed Woodford Equity Income Fund. The case has dragged on since 2019, when fundie Mark Woodford went on YouTube to apologise to investors, whose money was trapped in the ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
... saying the deals illustrate the compelling cyclical and structural opportunities available in the asset class. He said the case for the PRP Diagnostic Imaging is its exposure to the fastest growing segments of the healthcare system, like oncology, musculoskeletal ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... release is around product issuers providing simple personal advice without using qualified financial planners. "And that in the case of super funds could be collectively charged," she said. "Without some controls built in, there is concern that this ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... the affordability and accessibility of financial advice," she said. If the recommendation is adopted, Levy said in every case in which the Corporations Act does not require a relevant provider to give personal advice, it will be a matter for the AFS ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...