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Showing 881 - 890 of 2386 results for "Finding"

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... February 24 is a step in the right direction and clever at that for its designed not only to shield Europe but contribute in finding a cure to the global problem -- €114 million will support the World Health Organization (WHO); €100 million will ...

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... Paul Vine and general counsel Gary Riordan. APRA's legal proceedings, however, were unsuccessful with the Federal Court finding that IOOF did not contravene the Superannuation Industry Supervision Act.

APRA introduces annual stress-testing

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... total assets ranging from $3 billion to $25 billion. The latter group was faced with more criticism from the regulator, finding that organisations in that group did not measure up to APRA's standards. "Group 2 ADIs generally did not have specific frameworks ...

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
The Securities and Exchange Commission (SEC) has settled charges against a blockchain startup, after it raised $68 million through an unregistered "initial coin offering". Enigma MPC, based in San Francisco and Israel, raised approximately $68 million ...

ATO clamps down on auditor number misuse

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... "For 2018 only 40% responded. We were hoping there'd be a higher rate." An audience member said he responded after finding a "shonky" fund claiming he audited it. Fletcher found tax returns with audit reports falsified for an SMSF with her name and ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
There is disconnect between what investors value from their advisers and what advisers believe investors value, leading to frustration and a breakdown in advisory relationships. That's according to the latest research coming out of Morningstar, which ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
Fund managers are being pushed into allocating more of their portfolios towards alternatives, as traditional investments continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds ...

Problems persist with PYSP communication: ASIC

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
ASIC said that common problems have been persistent in its review of superannuation trustees' PYSP communication with members, with some trustees failing to present facts and instead focusing on member and insurance retention. The regulator launched ...

Old boys, girls clubs dominate boards

ALLY SELBY  |  FRIDAY, 7 FEB 2020
... the lack of transparency in the director recruitment process and the way that personal networks seem to be crucial in finding positions," they said. Another argued that personal networks seemed to count more than skills and experience. "Governance skills ...

Separate advice and product: AIOFP

ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
The Association of Independently Owned Financial Professionals wants product failures and financial losses from those failures factored into the Compensation Scheme of Last Resort. The AIOFP said it agrees with the "general thrust" of the Compensation ...