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Showing 951 - 960 of 4371 results for "Press"

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... restructure and asset realisation. A further dilution is likely if liquidators and lawyers are involved," Mayfair said in a press release.

Chester eyes ASIC chair role

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
ASIC deputy chair Karen Chester has confirmed that she wants to be considered for the role as chair of the corporate regulator, taking over from James Shipton who will step down as soon as the right candidate is announced. A Senate Parliamentary Joint ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The corporate watchdog has banned the sole director and four employees of contracts-for-difference and FX broker Forex Capital Trading from providing financial services. Forex CT chief executive officer, responsible manager and sole director Shlomo ...

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... financial services must not prioritise their own interests or simply implement client instructions," ASIC commissioner Danielle Press said. "Individuals and organisations entering into court enforceable undertakings with ASIC have binding obligations ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
ASIC has permanently banned a Melbourne financial adviser for allegedly pressuring people into consolidating their superannuation for a fee. Nizi Bhandari has been banned from providing financial services permanently. He was an authorised representative ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
... comfort that he is not a risk continuing to engage in the same sort of schemes." After the hearing, Mawhinney distributed a press release which claimed the court had heard that ASIC confirmed no dishonesty or fraud on his part. "ASIC's action has ruined ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
QSuper has officially launched its new product to meet the increasing demand for guaranteed retirement income well ahead of the federal government's mandate. Lifetime Pension provides tax-free fortnightly payments for members aged between 60 and ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... Ethical Leaders Balanced Fund as the sole manager of its socially responsible option, citing liquidity concerns and negative press. Mercy Super has made the decision to drop AMP Capital Ethical Leaders as the manager of its socially responsible option. ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...