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Showing 801 - 810 of 5908 results for "March 7"

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
New quarterly ATO statistics estimate that the total assets of SMSFs are $892 billion, up 11% year on year. More broadly, the total assets of SMSFs have grown by $2.4 billion over a five-year period to the March 2022 quarter. Despite significant asset ...

Leading wealth management marketers recognised

CHLOE WALKER  |  FRIDAY, 10 JUN 2022
The annual Financial Standard MAX Awards honoured 23 leading campaigns, organisations, teams and individuals in marketing, advertising and sales at an event in Sydney last night. The awards, now in their 27th year, recognise outstanding work in the ...

Market manipulator pleads guilty

STAFF WRITER  |  FRIDAY, 10 JUN 2022
Benjamin Heath Cooper has pleaded guilty to conspiring to manipulate the share price of a resources company in 2015. ASIC alleged that in November 2015 Cooper conspired with former Quantum director Avrohom Kimelman and another to manipulate Quantum ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
In the three years to March the number of ETPs increased by 29%, with the Australian market now made up of different subsets. This morning, Rainmaker Information's head of investment research John Dyall appeared at the Financial Standard Best Practice ...

Perpetual launches Barrow Hanley ETF

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
Perpetual Asset Management Australia has added to its suite of ETFs, today launching the Barrow Hanley Global Share Fund. The Barrow Hanley Global Share Fund is an active ETF, quoted on the ASX. The fund's aim is to provide long-term capital growth ...

ACCC delays approval of Link Group acquisition

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The Australian Competition and Consumer Commission is delaying its decision on the proposed acquisition of Link Group by Dye & Durham Corporation, which was expected this week. The ACCC was due to announce its decision on Thursday, June 9. It will now ...

Magellan, Platinum dropped in S&P/ASX rebalance

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The latest changes to the S&P/ASX Indices see the removal of Magellan Financial Group and Platinum Asset Management from their respective indexes. Effective June 20, Magellan Financial Group will drop out of the ASX 100, with no stock listed as being ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
ASIC has succeeded in its application to liquidate Ascent Investment and Coaching Pty Ltd after suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and ...