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Showing 811 - 820 of 3708 results for "Order"

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... Committee found that current regulatory arrangements are inadequate and greater oversight of the industry is required in order to ensure fair and reasonable outcomes for all class members," treasurer Josh Frydenberg said. The government has acted on ...

Global Merces MD cops ASIC ban

KARREN VERGARA  |  MONDAY, 31 MAY 2021
... the managing director of Global Merces Funds Management, from working in financial services for six months. ASIC's banning order is in addition to the criminal charges Grofski is facing, which alleges dishonest conduct around the fund's operation. The ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
The Federal Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change. The case was brought by Equity Generation Lawyers principal David Barnden. ...

Pendal to use Calastone order routing

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
ASX-listed Pendal Group has signed up for Calastone's automated processing of fund orders via its order routing solution. Calastone said Pendal, which has $101.7 billion in assets, is now live on order routing and transfer. "Over the past 12 months ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
ASIC has taken Federal Court action against AMP for allegedly charging more than 2000 deceased clients insurance premiums and financial advice fees after being notified of their death. The action relates to five companies that are or were subsidiaries ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... to include the budget - the one where treasurer Josh Frydenberg announced a spending splurge of around $74.6 billion in order secure Australia's recovery. Perhaps, respondents were still digesting the implications of the budget reveal. Perhaps, Australian ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The former managing director of Global Merces Funds Management, which is now in liquidation, has been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... who withdrew the maximum allowable amount of $20,000 has foregone $3164 of additional savings, the institute found, and in order to restore this amount of money they will need to make extra voluntary contributions. In total, super funds released $36.4 ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... contact details for up to 30% of members, there are even more issues. "The list of required documents is lengthy and in order to manage costs funds are likely to have to decide between delaying their annual member statement mail-out (generally occurring ...