The latest issue of Financial Standard now available as an e-newspaper
|Search Results||Showing 1 - 10 of 100+ results for "Ban"|
|ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...|
|... watchdog has been upheld after the Federal Court set aside a decision made by the Administrative Appeals Tribunal to not ban a Western Australian-based financial adviser. Robert Hutchison was permanently banned from providing financial services in June ...|
|... of $2.1 million, while Yoshai could face fines of $420,000. The regulator also alleges that Forex Capital "contravened a ban on conflicted remuneration under the Corporations Act by paying account manager bonuses primarily based on client 'net deposits' ...|
|... government support, such as JobKeeper payments are wound back, along with the end of financial firm initiatives such as a ban on rental evictions, and mortgage pausing," Locke said. "If you think you will experience financial hardship soon, or believe ...|
|... O'Neill also took issue with the fact that AMP cut grandfathered commissions in January 2020, 12 months ahead of the legislated ban on grandfathered commissions. "Furthermore, AMPFP has issued notices of termination to an estimated 250 planners that ...|
|... fund as a result of the distribution agreement, which ASIC believes amounts to a contravention of the Corporations Act's ban on conflicted remuneration. ASIC said the arrangements could reasonably be expected to influence the choice of financial ...|
|The consultation window for the exposure draft set to extend the ban on conflicted remuneration to listed investment companies and trusts is open, for a short period of time. Stakeholders have been given just one week to respond to the government's ...|
|... that the prospective purchaser is not associated with WAM Active or its associates." In addition, Bolton asked the court ban WAM and its associates from using its voting power to control the proposed ASIC sale of the shares, saying: "An order that none ...|
|... banned after ASIC found he provided poor SMSF advice and based insurance advice on the commission he'd receive. The five-year ban follows ASIC surveillance of advice provided by NSW-based Sean Lewis while he was an authorised representative of Spectrum ...|
|The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty. Following Treasury consultation, the government made the decision ...|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|