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Showing 951 - 960 of 9451 results for "Made"

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... exceptions). At a hearing on June 25, the court extended the time for compliance with some of the disclosure orders that had been made and adjourned the matter. United Global is an Australian financial services business based in Melbourne which has held ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... entity providing services to the fund." Elsewhere, the legislation affirmed that a complaint relating to superannuation can be made to AFCA even if the complaint does not meet the definition of a "superannuation complaint". Section 1053 of the Corporations ...

State Street cuts fees on six ETFs

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... Street has 17 ETFs available on the ASX, and this round of fee reductions follows a similar move last year when the group made cost reductions on six other ETFs, including Australia's first ETF, the SPDR S&P/ASX 200 Fund (STW) which was reduced from ...

Long-term optimism for APAC despite short-term hurdles

ANDREW MCKEAN  |  TUESDAY, 25 JUN 2024
... raised, falling from $13.5 billion to $3.1 billion. The proportion of ESG funds closed in APAC has continued to decline. APAC made up 14% of funds closed in 2021, and this fell to 6% of funds closed in 2023, while the global number of ESG funds closed ...

AustralianSuper completes build-to-rent-to-own project

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... agreed value. Residents are also offered optional money coaching to help them budget to purchase their home. AustralianSuper made a cornerstone investment in Assemble in 2020, acquiring a 25% stake. It has injected about $500 million in Assemble's ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
The US share market made a comeback in May after a decline in April following moderating inflation data and weak consumer spending offered investors some optimism that interest rate cuts may be around the corner. Trading data from Selfwealth found Nvidia ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... mounting public debt, global geopolitical uncertainty, and domestic issues like the housing and cost-of-living crises have made retirement a daunting prospect for most Australians in this cohort. At the same time, quality financial advice is difficult ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). The court also made orders that former Keystone director Paul Chiodo surrender his passport and be restrained from leaving Australia. ASIC said ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... said. "There has been little improvement on this since our first report on this in 2022, which is one of the reasons we have made it an enforcement priority for 2024. "Our surveillance on this remains active and ongoing but we have spent the past two ...

AFSLs undertake more reviews, lack risk documentation

KARREN VERGARA  |  TUESDAY, 18 JUN 2024
... understanding regarding the obligations," Derham pointed out. "We still have over 25% of respondents who require complaints to be made in writing, despite the fact that this is inconsistent with ASIC guidance in RG271 [ Internal dispute resolution]." ...