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| | | ... ordered to pay $20 million while AUSIEX will pay $7.12 million for systemic compliance failures over a nine-year period. In a case brought by ASIC, the Federal Court found the two companies contravened Market Integrity Rules in a variety of ways and ... |
| | | | ... monetary policy from late 2011 because of weaker economic conditions. However, from around 2016, the Bank was balancing the case for a faster return of inflation to the target range by lowering the cash rate further, against the medium-term risks associated ... |
| | | | ... seeking declarations, pecuniary penalties, injunctions, and adverse publicity orders from the Court. The date for the first case management hearing is yet to be scheduled. |
| | | | ... seems to be a switch from focusing on efficiency at all costs to resiliency. It's no longer just in time, it's just in case," he said. "It means more inventory, it means more cover, it means having more staff just in case these events happen. That's ... |
| | | | Russell Investments Value of an Adviser report says many investors are being pressured into sub-optimal investment decisions but having a financial adviser could add more than 4% to total portfolio value. So, even though advice fees have jumped 16% ... |
| | | | ... matters, there's still a long tail of smaller funds whose longevity is challenged, Byres explained. While not simply being a case of 'big is good, small is bad,' overall the evidence is clear that size helps deliver better member outcomes ... |
| | | | ... now made an application to the High Court, arguing that ASIC should be allowed to "go back and try again with a different case." |
| | | | ... more than 20 clients. This included falsifying auditor details indicating that the funds had been audited, which was not the case. The tax agent was also found to have misled clients by advising them their SMSFs had been audited, and charging them for ... |
| | | | ... product research and screening for advisers and their clients is a critical market function. "This will continue to be the case as the supply of product options and manufacturers for investors inevitably expands," he said. "A regulated approach to investment ... |
| | | | ... price of the Emissions Trading Schemes has historically been lowly correlated to mainstream asset classes which reinforce the case for its use to enhance diversification particularly given Australian equities is so concentrated in resources and energy," ... |
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