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Showing 971 - 980 of 4099 results for "Conduct"

MLC Life refreshes income protection offering

ANNABELLE DICKSON  |  WEDNESDAY, 29 SEP 2021
MLC Life Insurance is offering a new range of income protection insurance products following research from customer, adviser and licensees. Income Assure and Income Assure+ will be available from October 1 and allows most clients to have the maximum ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... served but is prepared to defend the company against any proceedings. Leigh Day claims that Link was in breach of Financial Conduct Authority rules in the way it managed and monitored the fund, which ultimately led to the fund's collapse, causing ordinary ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... more likely to generate positive ratings than the demand-side model," the research reads. ASIC first engaged Deloitte to conduct the research in December 2019 but was delayed due to COVID-19 and its impact on the funds management industry last year.

Former Regal FM portfolio manager banned

JAMIE WILLIAMSON  |  WEDNESDAY, 22 SEP 2021
... Clearview Wealth shares. He also created a false or misleading appearance of active trading in the stock, ASIC said. The conduct occurred between March 2018 and June 2019. Regal Funds Management notified shareholders in November 2019 that an ASIC investigation ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... themselves hold diverse portfolios. This distinction is critical for interpreting incentives to engage in anti-competitive conduct." It added that even for fund managers, it can be difficult to know the extent of common ownership within a client's ...

Charter Hall REIT, Hostplus acquire ALE

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
... price. The ALE board said it received an unsolicited proposal from the Charter Hall consortium in July and went on to conduct an independent review to evaluate the proposal. "The directors of ALE unanimously recommend that ALE securityholders vote in ...

Former adviser banned after super theft

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
... for holidays, rent, paying his own credit card debts and repaying personal loans. The presiding judge labelled Hopkins' conduct "deeply stupid" but also said that "being stupid is no defence or mitigation". Hopkins had pleaded guilty to all charges prior ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... to the Commonwealth Department of Public Prosecutions, which will prosecute the case in the Federal Court. The alleged conduct from CBA that is the subject of these charges was revealed during the Royal Commission and is the subject of a case study in ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... clarify that when a Product Disclosure Statement is given while providing personal advice as required by law, that "this conduct is within the scope of excluded conduct, consistent with the original intention of excluded conduct". The looming DDO regime ...

AustralianSuper says no incidents of common ownership

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
... investigated or prosecuted by regulators for a finding that AustralianSuper's ownership has encouraged or resulted in unlawful conduct.