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Showing 851 - 860 of 5506 results for "September 2016"

DWS Group hires client coverage head

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
DWS Group has appointed a head of client coverage for APAC to lead all coverage and provide investment solutions to institutional and wholesale clients. Vanessa Wang will commence the role on September 1 and will be based in Hong Kong. Wang will report ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

FASEA scraps three-month rule

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
The Financial Adviser Standards and Ethics Authority is introducing a relief that will allow financial advisers to sit the November examination regardless of their last sitting. FASEA is proposing to relax the three-month registration requirement in ...

Cbus hires from APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
The head of investment risk at APRA is taking on a newly created role at the $63 billion industry fund. Mark Ferguson joined Cbus this week as its head of total portfolio management; a new role in support of the fund's efforts to internalise investments. ...

ACSA chief executive steps down

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
The Australian Custodial Services Association (ACSA) has announced its chief executive is departing to pursue private business interests. Robert J Brown has held the role since 2017 and is also the managing director of Alford Brown & Associates. ACSA ...

Robinhood hit with record-breaking fine

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Trading platform Robinhood has been slapped with a US$70 million fine, deemed to be the largest financial penalty handed down by the Financial Industry Regulatory Authority (FINRA). FINRA, which regulates brokerages and exchanges, said millions of Robinhood ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
The UK pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last ...

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
The corporate regulator has removed AFS licence conditions imposed on the French bank after it breached client money obligations. As per the licence conditions, Societe Generale appointed an independent expert to assess and test the adequacy and effectiveness ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
Financial advice regulatory reforms that include establishing one disciplinary body and giving ASIC greater powers over the industry are closer to becoming law. The minister for superannuation, financial services and the digital economy Jane Hume introduced ...

MSCI reviews emerging market classifications

ELIZABETH MCARTHUR  |  FRIDAY, 25 JUN 2021
MSCI has published its latest market classification review, with Argentina and Pakistan no longer considered emerging markets. The MSCI Argentina Index has been moved from 'emerging' to 'standalone' market status. A reclassification to 'standalone' ...