Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 801 - 810 of 3114 results for "November 2010"

Implemented Portfolios adds to team

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
The managed discretionary account operator has made a key appointment to its portfolio management team and two hires for a newly created role in its distribution team. Anton Hermanto has been appointed as custody and administration manager and joins ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
The Federal Court has imposed a $7 million penalty on Commonwealth Bank for charging higher interest rates on business overdraft accounts than what it advised its customers over a four-year period. Following an investigation by ASIC, CBA admitted to ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

ASIC okay with virtual AGMs

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
The corporate regulator will take a "no action" position on companies holding their annual general meetings via videoconferencing as the COVID protections lapse. ASIC's no action position will: support the holding of meetings using appropriate technology ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
The Protecting Your Super Package legislation which asked super funds to hand over inactive accounts to the Australian Taxation Office (ATO) has returned $4.3 billion to members in about 17 months. Between 1 November 2019 and 28 February 2021, nearly ...

Crescent Foundation partnership to mentor refugees

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
The non-profit organisation backed by Islamic superannuation fund Crescent Wealth has partnered with Deakin University to mentor refugee leaders. The partnership with Deakin University's Centre for Refugee Employment, Advocacy, Training and Education ...

Former Clime chief in new role

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
After leaving Clime Investment Management abruptly in November, the former chief executive has taken on a new role at an early-stage investment firm. Rod Bristow has been appointed as chief executive of Investible, having been in the role at Clime since ...

AMP Capital severs ties with global equities unit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
AMP Capital will offload its $653 million global equities capability to a Canadian fund manager for an undisclosed figure. Montreal-based Fiera Capital has agreed to acquire the four-year-old strategy available to investors in the UK, via a UCITS platform ...