|Search Results||Showing 1 - 10 of 53 results for "FCA"|
|... sufficient information in a chair's statement to members of its staff pension plan. The Financial Conduct Authority (FCA) has been fined £2000 by UK pension scheme authority, The Pension Regulator (TPR). A list of enforcement activities for ...|
|... posed by climate change. Nest Invest, the investment subsidiary of pension fund Nest, has received authorisation from the FCA to operate an Occupational Pension Scheme. An OPS undertakes investment management on behalf of a trustee or pension scheme ...|
|... sample (or vertical slice) of those assets or the time period needed for a sale which avoids a material price discount," the FCA said. "In the US, the Securities and Exchange Commission has recently adopted measures of liquidity based on this concept." ...|
|... the remuneration committee had agreed to his wife's payment increases. But in fact, it had only agreed to his salary. The FCA explained what followed: "In late 2015, after internal concerns were raised about Mrs Forsyth's remuneration, Mr Forsyth inappropriately ...|
|... victims of pension scams lost in 2018. It would take an ordinary working saver 22 years to amass that amount, according to the FCA. Despite the significant cost of scams, 24% of people surveyed admitted to deciding on a pension offer within less than ...|
|... possible. This will be done by means of a number of capital distributions made to all investors in the fund," it said. The FCA continues to investigate the activities that led to the fund's suspension.|
|... in the UK has fined Tullett Prebon £15.4 million, citing "lavish entertainment" and lack of effective controls. The FCA said Tullett Prebon, an inter-dealer broker which acts for institutional clients transacting in the wholesale markets, carried ...|
|... sales of non-advised annuities that occurred between July 2008 and September 2017 to existing Prudential pension holders. FCA's executive director of enforcement and market oversight Mark Steward said: "These are very serious breaches that caused harm ...|
|... equities funds in the first six months of 2018 after MiFID II forced them to reconsider their research arrangements. The FCA said the reforms have forced portfolio managers to fund research out of their own revenues instead of passing them on to clients. ...|
|... get financial advice. Nearly 22% of sales staff received more than 100% of their base salary in bonus payments, leading the FCA to believe call handlers would place their own financial interests ahead of the customer. The firm failed to provide some ...|
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives.
New research has revealed the 22 ASX 300 companies - many of which super funds have exposure to - that are polluters and haven't performed well this year.
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