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Showing 951 - 960 of 5908 results for "March 2010"

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
ASIC is investigating the owners of a Perth-based property development firm who gave unlicensed financial advice. Monica Kaur, Melvin Paul Singh, Sadu Singh and Stephanie Lee, who operate MKS Property Investments/Developments and Paradise Property Group ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ...

Netwealth hires head of investment solutions

JAMIE WILLIAMSON  |  WEDNESDAY, 11 AUG 2021
As part of a broader strategy to grow its asset management and managed accounts offerings, Netwealth has hired the former head of private wealth at Nikko Asset Management. A spokesperson for Netwealth confirmed Naomi Finnigan has been appointed to the ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
Corporate regulator ASIC stopped just short of praising fund managers on how they handled valuing illiquid assets at the height of COVID-19. ASIC found that the responsible entities of the funds were responsive to the increased valuation risks during ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
NAB's purchase of Citigroup's local consumer business includes Citi's roughly 4000 wealth clients. NAB will pay Citigroup cash for the net assets and a premium of $250 million. Citigroup's consumer banking business includes lending assets of $12.2 billion ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
The government yesterday passed changes to Corporations Act that loosens disclosure requirements for companies, while also introducing legislation to make virtual AGMs permanent. Under the amendment, companies and directors will be liable for continuous ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted ...

Sunsuper, Iress launch adviser data feed

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
Sunsuper and Iress have launched a solution that enables financial advisers to efficiently access clients' superannuation data. Advisers can now access super information in their clients' portfolios when using Iress' advice software Xplan. ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
A former financial adviser has received a conditional release without conviction for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
The managing director and chief executive of Challenger will step down in March 2022, while a deputy chief executive has also been named. Richard Howes has been with the company for 18 years, starting as the chief executive of Challenger's life ...