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Showing 61 - 70 of 694 results for "Extension"

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON | TUESDAY, 28 NOV 2023

... included seeking to ban Mawhinney as a company director and fines. ASIC said the additional allegations were "a logical extension" of the "legally correct case" it was now bringing. On October 25, the Federal Court rejected the bid, saying the fresh ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER | MONDAY, 20 NOV 2023

... raise new taxes on superannuation consumers," Briggs added. The report said product modernisation is also the "natural extension" of the government's 'Your Future, Your Super' reforms, which has highlighted that consumers are often stranded ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER | TUESDAY, 7 NOV 2023

... trustees' disclosure and reporting consistency obligations for two years. ASIC is seeking feedback on the potential extension, including whether the current arrangement is operating effectively and efficiently and/or whether any amendments are required. ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON | THURSDAY, 26 OCT 2023

... case which ASIC had pursued before [previous judge] Anderson J". It also argued that the "new claims are 'a logical extension' of the 'legally correct case' it now seeks to bring" and that they "arise out of the matters that were before Anderson J." ...

Blackwattle to take over Watermark fund

CHLOE WALKER | MONDAY, 23 OCT 2023

... retained very low market risk settings in recent years. Blackwattle intends to pivot the fund to a 'small companies' extension' strategy (130/30). This strategy will focus more on smaller companies and retain higher market exposures though the investment ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN | THURSDAY, 21 SEP 2023

... it offers customers credit for buying and selling certain crypto assets on Kraken, a feature Bit Trade called "margin extension." Notably, the feature allows customers to receive credit extensions for up to five times the value of their collateral. In ...

Adviser registration deadline extended again

KARREN VERGARA | WEDNESDAY, 20 SEP 2023

... Amendment (2023 Measures No. 1) Bill, which is still before parliament, ASIC flagged this as another reason for the extension. After the bill passes into law, ASIC said it will issue regulatory guidance, conduct webinars, and open the registration portal ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN | WEDNESDAY, 16 AUG 2023

ASIC has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON | MONDAY, 24 JUL 2023

... Cannon-Brookes' family office Grok Ventures and Horizons Ventures, the private investment arm of Li-Ka Shing, through an extension to an existing convertible note facility. It brings the total funding under the facility to $13.5 million, following ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI | THURSDAY, 29 JUN 2023

... allocation decisions. We think that's a significant failing," he said. Linden said he is also concerned any further extension of the test will only include trustee-directed products. "That will leave out a whole range of other Choice investment options ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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