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Showing 841 - 850 of 6958 results for "March"

ETF market to hit $200bn by 2025

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... X, which expects the Australian ETF market to continue its strong growth despite ongoing volatility. In the 12 months to March 24, the ETF industry grew by 7.1% to $136.2 billion. This is across 301 products listed on the ASX and Cboe. The number of ...

ASIC investigates CHESS replacement blunder

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2023
... to find out if misleading or deceptive conduct or misleading representations existed between period 28 October 2020 to 28 March 2022. "ASX takes its obligations very seriously and will cooperate fully with ASIC," the exchange said in a short statement ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
... their private data compromised in an attack on the fund's systems. The fund was the victim of a cyber-attack on Friday, March 17 during which some of its systems were accessed. The fund said they were only accessed for a short period of time. NGS ...

ASX chief churn increases: Analyst

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... included nine new chief executives, nine chairs and 56 non-executive directors. "The turnover continued in the first week of March," she said. Former Downer EDI chair Mark Chellew and former chief financial officer Michael Ferguson both left at the start ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... charges of dishonest conduct and is due to be sentenced. David Fong, who operated Fong Financial Planners, pleaded guilty on March 24 at the Perth Magistrates Court. Fong Financial Planners intentionally failed to disclose all relevant information relating ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... the more uncertainty there will be amongst the financial industry about the obligations that will be imposed upon them. On March 8, Labor introduced the two bills in parliament. "These measures will strengthen our financial system. They are supported ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... $63,639, while couples living modestly in this age range spent $41,477 in the last year. In hiking the base rate to 3.60% on March 7, Reserve Bank of Australia governor Philip Lowe said global inflation remains very high, but at home it seems as though ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... Distribution Obligations-Reissued Life Policies Class Exemption) Instrument 2023/183 for more information. It will expire on 16 March 2028. "The Instrument seeks to allow for the reissue of life policies originally issued before 5 October 2021 without ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... in considerable outflows of client funds," said FINMA. "This was intensified by the upheavals in the US banking market in March 2023." US Treasury Secretary Janet Yellen and Federal Reserve chair Jerome Powell showed their support for the new entity ...

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... Financial advisers in New Zealand are now operating under a new licensing regime that is regulated by the markets watchdog. From March 17, all financial advice providers (FAPs) must hold or operate under a full licence from the Financial Markets Authority ...