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Showing 8231 - 8240 of 28273 results for "NOT"

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... consultation guidelines by proposing a complete transformation of the super system. At the same time, others are asking, 'If not now, when?'. By the time the consultation window closed on February 3 - Financial Standard understands several late submissions ...

ANZ Australia risk chief exits

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2020
... ANZ's financial advice groups - ANZ Financial Planning, RI Advice and Millennium3. The audit found 5% of advice provided did not meet the best interests duty and also that the number of instances in which poor advice was provided jumped dramatically ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
... International makes the cut. "Because we are risk aware managers we are going to be ESG aware," Bhansali said. "We believe in engaging not excluding or eliminating, which is how a lot of people practice ESG." Bhansali, who was in Australia to speak at ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... failing to disclose payments he received for promoting an investment in a bitcoin offering. The SEC found Steven Seagal had not disclosed that he was promised $380,000 (US$250,000) in cash and $1,140,000 (US$750,000) worth of bitcoin tokens from Bitcoiin2Gen ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
... $2.4 billion out of a total $5.3 billion across the active ETF landscape. Interestingly, sustainability-focused products were not as successful in capturing investor interest as their active counterparts. "After UBS launched six region-focused ethical ...

Court punishes OTC derivative issuers

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... into investing in by account managers - sometimes based offshore - who provided unlicensed personal advice. The advice was not in the best interests of clients and included false, misleading and deceptive representations about the risks and potential ...

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
Aussie small caps manager Kinetic Investment Partners is terminating its last-standing retail fund as assets dwindle, but will continue to manage institutional money. Last Friday, investors in the Kinetic Emerging Companies Fund were notified of the ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... banking staff at all levels of the major banks and AMP between October 2018 and December 2019. ASIC emphasised that some, but not all of its recent work had been focused on responding to referrals and case studies from the Royal Commission, such as the ...

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
The investment manager of the New South Wales public sector has launched a new benchmark bond with a coupon rate of 2%, set to mature in March 2033. Strong investor demand saw the bond raise $1 billion, attracting a yield of 1.565%. TCorp head of funding ...

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... Healthy Futures are concerned about and get pledges from them to set emissions targets. However, Delahunty said she could not make promises like that. "So I think even the end goal we're not in agreement on," Lardner said. "She was encouraging us ...