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

Search Results

Showing 811 - 820 of 12289 results for "General"

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
... orders, Australian Unity and other distributors of the fund cannot provide product disclosure statements for or provide general advice to retail clients about the fund for 21 days, unless the orders are revoked prior.

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
Sequoia Financial Group held an extraordinary general meeting (EGM) this week to consider a resolution to remove chief executive and managing director Garry Crole. Shareholders voted against removing Crole, securing 59.95% of the votes, with 40.05% ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... some consumers. ASIC's investigation found that between June 2018 and September 2022, XTrade failed to comply with its general obligations as an AFS licensee and engaged in unconscionable conduct. ASIC said XTrade failed to take reasonable steps to ensure ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... effects over-65s is the incentive to save when rates are higher, which largely impacts people who don't have debts. "In general terms, government policies can impact different cohorts, monetary policy cannot; it has one lever, and it impacts people ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... of inflation on clients' portfolios and retirement savings is the next hot topic of conversation (73%), followed by general volatility (62%). More than half (56%) of advisers said they have re-evaluated client portfolios in the last three months. ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... Advanced Micro Devices, was the highest-paid woman for the fifth consecutive year with US$30.3 million. Not far behind was General Motors' Mary T. Barra at US$27.8 million and Citigroup's Jane Nind Fraser. The communication services industry ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... degree as to demonstrate that no genuine attempt at all had been made to carry out the requirements of the Act or the general law." Judge Jackman concluded that "it is appropriate that no penalty be awarded" and the company should be relieved under Corporations ...

HESTA nabs legalsuper executive

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
HESTA has appointed Alissa Knight to the newly created role of general manager strategic planning, effective June 11. In her new role, Knight will play a crucial role in supporting HESTA's executive leadership team in strategic planning and key ...

Clearway wins distribution mandate

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
Clearway Capital Solutions has partnered with a global fund manager to bring Asia-focused strategies to local wholesale and institutional investors. The distribution specialist is taking Matthews International to the Australian and New Zealand markets. ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
The Australian Securities and Investments Commission (ASIC) released new research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have ...