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Showing 971 - 980 of 5871 results for "July"

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... prohibited him from providing financial services. Nesseim was also permanently banned from engaging in credit activities from July 2019, after he was found not to be a fit and proper person to engage in credit activities. He pleaded guilty to five charges ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... another blow to its funds under management, however the damage isn't nearly as bad as previous months saw. At the end of July, Magellan recorded total FUM of $60.2 billion, down from $61.3 billion the month prior. Magellan said it experienced net outflows ...

ASIC continues crack down on deceptive advertising

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
... advertising and further stop orders for breaches of the design and distribution obligations. The initial order, handed down in late July, prevents RES from advertising or publishing any statement regarding PPM Units that suggests an investor will acquire ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... a case conference webinar open to its creditors via zoom following its announcement earlier in the week. It said that on July 22 Zipmex solicitors, Morgan Lewis Stamford LLC filed five applications under Section 64 of Singapore's Insolvency, Restructuring ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... government's position on its draft changes to super disclosure rules. As previously reported by Financial Standard, in July, the government released for consultation draft regulations outlining changes to super funds' disclosure requirements. ...

IFM calls off Atlas Arteria takeover bid

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... not already own. IFM GIF's representatives met with senior management from Atlas Arteria twice between end of June/early July, and a further meeting was held between the parties on July 20, IFM said. Following those meetings, IFM Investors said: "IFM ...

Resolution Life appoints new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... Resolution Life. The sale was delayed for some time due to objections from the New Zealand central bank, however was completed in July 2020 at which time Beer became chief executive of Resolution Life Australasia. "I would like to thank Megan for the ...

Perpetual Private hires from MLC, MetLife

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... head of advice at MLC Advice. She has also held role with NAB and is a former financial adviser. Brown commenced in the role July 11. "Chemere is a great addition to our Private Clients team, which has continued to see strong growth over the past decade," ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... would otherwise have been unlawful or unenforceable under the Future of Financial Advice reforms which came into effect 1 July 2013. The plaintiff, Kerry Michael Quirk, and each of the group members were said to have suffered a loss or damage in the ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... Reserve Bank of Australia for more than a decade, including a secondment to the Bank of England. He has been chair since July 2014 and was reappointed to another five-year term in 2019 but has decided to cut that short. Acknowledging the decision, Treasurer ...