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Showing 811 - 820 of 3550 results for "October 1987"

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD | THURSDAY, 27 MAY 2021

The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation. The regulator said the charges relate to contraventions of sections 12DB(1)(g) and 12GB(1) of the ASIC Act and sections 64(1) ...

Former adviser jailed for six years

KARREN VERGARA | WEDNESDAY, 26 MAY 2021

A former financial adviser will spend six years in prison for stealing nearly $3 million of clients' superannuation money. The District Court of New South Wales found Ross Andrew Hopkins, from Killara, guilty of 15 offences. Hopkins was the sole ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA | MONDAY, 24 MAY 2021

The Actuaries Institute has released sweeping recommendations to help fix the individual disability income insurance (IDII) sector that is currently at "risk of failure". The final recommendations follow a 12 month-review, led by an appointed Actuaries ...

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON | FRIDAY, 21 MAY 2021

LGIAsuper, which is set to finalise its merger with Energy Super next month, has unveiled its new-look leadership team. In an update on the progression of the merger, after already announcing Kate Farrar as chief executive of the merged fund, LGIAsuper ...

ASIC takes action against Equiti

KARREN VERGARA | FRIDAY, 21 MAY 2021

ASIC is taking action against a financial services group for allegedly paying conflicted remuneration totalling $165,000 to its financial advisers who gave inappropriate SMSF and property advice. Equiti Financial Services (Equiti FS) - which is now ...

UBS AM chief steps down

KARREN VERGARA | FRIDAY, 21 MAY 2021

The managing director of UBS Asset Management announced his exit and a long-serving portfolio manager has stepped up to oversee the Australia and New Zealand region in the interim. Bryce Doherty led the asset management unit from October 2013 and was ...

Long way for super complaints overhaul

KANIKA SOOD | THURSDAY, 20 MAY 2021

From October 5 super funds must have stronger internal dispute resolution systems but a new ASIC survey shows many are still overshooting the 45-day deadline for resolving member complaints. The new IDR rules were set out in RG 271 introduced last July. ...

BTIG names co-heads of APAC

KARREN VERGARA | TUESDAY, 18 MAY 2021

BTIG has appointed two co-leads for the Asia-Pacific business, as well as a chief strategy officer. Andrew Dalgleish and Trevor Harrison were named co-heads of BTIG Asia-Pacific, while Samuel Leung is the new chief strategy officer of BTIG Hong Kong. ...

Jarden gets market participant licence

KANIKA SOOD | FRIDAY, 14 MAY 2021

Jarden has been admitted as a market participant to the ASX and the Chi-X. The investment and advisory firm said the admission accelerates the growth of its institutional equities franchise in Australia. Jarden has appointed ABN Amro as its clearing ...

APRA extends IDII overhaul deadline

KARREN VERGARA | THURSDAY, 13 MAY 2021

APRA has given life insurers another year to have the policy contract term measure for individual disability income insurance (IDII) in full force by 1 October 2022. The prudential regulator has acknowledged the challenges life insurers are facing ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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