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Showing 801 - 810 of 4211 results for "Action"

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... likely to achieve significant investment scale in the short to medium term." "We therefore consider the best course of action is to bring about the timely termination of the fund," Equity Trustees said. Dalton Street Capital is the sub-investment manager ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... to ensure retail investors are receiving suitable products on an ongoing basis. "We won't hesitate to take further action, from stop orders through to court proceedings, especially where we see egregious failures," Chester said. "We have already ...

Finfluencer receives jail sentence

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... the note read: "Buy big parcels of small cap cash backed resource shares at reasonable price, alert H.C Daytraders to the action sell to them at higher price at end of day. Sell to self to create illusion of volume' and sell stock down to yourself ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... have to act on this area," Jones said. "The government is also acutely aware of the relationship between the taxonomy and action on greenwashing. It's my view that unless we get the taxonomy right, the enforcement action by ASIC will only be able ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... real-time payments will bolster the ATO's ability to detect missed super payments. "This will allow the ATO to take timely action to remind employers who have made a genuine mistake to pay and take more serious action against employers who are engaging ...

Future Super accused of greenwashing via Facebook post

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... we were concerned it may be misleading to investors and potential investors," ASIC deputy chair Sarah Court said. "This action should send a message to the financial services industry that ASIC is continuing to focus on greenwashing broadly, in statements ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... early 2023," it said. Holding up its own hands, the Federal Reserve added that supervisors failed to take forceful enough action. "Federal Reserve oversight proved inadequate for the well-documented and significant vulnerabilities and managerial weaknesses ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
Traditional Owners of three First Nations and superannuation fund members have filed human rights complaints against Australia's top 20 super funds over their investments in Santos Limited's proposed Barossa and Narrabri gas projects. Yesterday ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... also used funds for her own expenses, ASIC said in 2018. On the basis of a sworn affidavit by Swift, ASIC did not take action against her. Gordon's conduct was described by Judge Barlow KC as "deliberate, fraudulent and unforgivable given his position ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...