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Showing 841 - 850 of 4131 results for "Conduct"

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... communicate expectations regarding trustees' disclosure obligations, and drive changes that improve transparency. It will conduct surveillance of trustees' oversight of advice fee deduction, monitor underperformance notifications and other communications ...

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
... alleged. Amid ongoing civil proceedings commenced by ASIC against him and during an ongoing ASIC investigation into his conduct, Ali fled to Poland on 8 May 2018. Following an application by ASIC, a warrant for his arrest was issued by a Queensland magistrate ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... profit guidance for the full year of 2022 is $177 million - $183 million, an increase of 7% - 10% versus the personal conduct purchase (PCP). It added that results are now expected to be at the lower end of the range due to investment in fund registry ...

UBS launches small cap strategy in Australia

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
... sustained periods of time," he commented. "This strategy benefits from our global team of portfolio managers and analysts who conduct in-depth company research to select our pool of diverse and innovative companies." UBS country head of asset management ...

BlackRock launches Bitcoin trust

CASSANDRA BALDINI  |  FRIDAY, 12 AUG 2022
Following its recent partnership with Coinbase, BlackRock has doubled down on crypto with the launch of a new Bitcoin private trust for institutional investors. In a statement, BlackRock said the trust is available to US institutional clients and seeks ...

ASIC research guides retail investment regulations

ANDREW MCKEAN  |  THURSDAY, 11 AUG 2022
ASIC has released a retail investor research report which captures motivations, attitudes and behaviours, helping the regulator determine where its efforts should be concentrated. The report offers a point-in-time snapshot of investor behaviour during ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... operates a financial services business. The automatic ban follows Nesseim's conviction in May for engaging in dishonest conduct, for providing forged documents to ASIC and lying to ASIC when questioned about those documents. They included backdated wholesale ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
NGS Super has divested from more than $190 million in oil and gas exploration and production companies, predominantly Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
APRA has published the findings of a voluntary climate risk self-assessment survey conducted across the entities APRA regulates. Sixty-four medium to large institutions responded to the survey, which was designed to provide insights into how institutions ...