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Showing 971 - 980 of 1796 results for "Monitor"

CBA pays $180,000 in penalties

ALEX BURKE  |  WEDNESDAY, 14 SEP 2016
... were unlawfully given higher overdraft limits. ASIC deputy chair Peter Kell said: "Credit licensees should continuously monitor their internal processes to ensure compliance with the law. "This is especially the case with automated decision-making systems ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2016
Australia business confidence The Reserve Bank of Australia's (RBA) 25bps cut in the official cash rate to 1.50% in August helped lift the NAB business confidence indext from a reading of plus 4 in July to plus 6 last month - consistent with its long-term ...

ASIC accepts EU from Perth advice firm

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... standards across the financial services industry. We expect licensees to dedicate sufficient resources to appropriately monitor and supervise high risk and newly appointed authorised representatives and to remedy poor advice in a timely manner."

Alpha-beta split allows better asset allocation

DARREN SNYDER  |  THURSDAY, 8 SEP 2016
... largest superannuation funds says it has strategically split its investment portfolio between alpha and beta to better monitor performance and asset allocation. Although not a new concept, First State Super has moved to an alpha and beta split over the ...

Preqin research highlights surge in private capital sector

ALEX BURKE  |  FRIDAY, 2 SEP 2016
... resources ($535 billion) and infrastructure ($438 billion). The editor of Preqin's 2016 Alternative Assets Performance Monitor, Selina Sy, said that the private capital industry "has seen median net IRRs steadily climb in recent years, and among 2012 ...

New trustee launches managed investment schemes

DARREN SNYDER  |  THURSDAY, 1 SEP 2016
... that has exposure to a diversified portfolio of global asset classes using a market neutral approach. The EMMA Fund will monitor the short term money market on a daily basis to source the highest yielding opportunities which are consistent with their ...

Lower pay offset by persistent bonuses

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
Average fixed pay for chief executives in ASX100 companies has fallen by 3.3% to $1.86 million, its lowest level in almost a decade. The fall was even larger across the entire ASX200, dropping by 4.6%, with CEOs taking home an average $1.51 million ...

FIIG bolsters managed bonds service

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2016
... credit spectrum and the Inflation Linked Income Investment Program that concentrates on bonds that are highly correlated to monitor the rate of inflation over the life of an investment. The fixed income specialist launched its Manage Income Portfolio ...

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
Macquarie Group has been fined by ASIC following its admission to the mismanagement of the van Eyk Blueprint International Shares Fund (VBI Fund). On Tuesday, the NSW Supreme Court ordered Macquarie Investment Management (MIM) to pay $400,000 to the ...

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
ASIC has accepted the enforceable undertaking (EU) of My Adviser after an investigation found one of its representatives had provided poor and unauthorised advice on a number of instances. The investigation, which commenced in January 2016, looked at ...