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Showing 1 - 10 of 100+ results for "Magnitude"

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... on advice, ASIC alleges that Westpac's former licensee groups BT Financial Advice, Securitor Financial Group and Magnitude Group charged ongoing contribution fees for financial advice without adequate fee disclosure to about 25,000 customers, amounting ...

GMO launches local climate fund

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
... subject in 2010," White said. "Improving economics for clean energy, combined with a growing global awareness of the magnitude of the problem we're up against, will support secular growth in the climate change sector for decades to come." Like the existing ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
... notifications fell through the cracks between 2005 and 2019. The Westpac subsidiaries affected are Securitor Financial Group, Magnitude Group and Westpac Banking Corporation (known as BT Financial Advice). These businesses ceased providing personal financial ...

Global investor confidence suffers

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
... by 16.6 points to 78.1 and 17.5 points to 98.2, respectively. The North American ICI also declined, but by a smaller magnitude, falling 2.8 points to 93.3. State Street Associates head of investor behaviour research Rajeev Bhargava said the contraction ...

ERS had little effect on funds: Research

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... constituted approximately 1.6% of assets under management on average and 26.5% of cash holdings. "This is an order of magnitude higher than the typical fund flows observed under normal policy settings," it said. "The average fund received over 40,000 ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... "APRA's concerns have been communicated directly to the board and senior management with the clear message that the magnitude of improvements that Westpac needs to deliver requires a deep commitment to change at all levels across the organisation ...

Risk but no reward in institutional equities portfolios

KANIKA SOOD  |  MONDAY, 19 OCT 2020
... holdings, style tilts and sector over- and under-weights cancelling each other out partially or completely, and the magnitude of the impact on active risk, was surprising. This is the result of investment managers within a portfolio taking opposing positions ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... Charter Financial Planning and Hillross Financial Services and from Westpac, Westpac Bank, Securitor Financial Group and Magnitude Group. "Each of these institutions owed specific obligations to their customer designed to protect their customers' ...

AMP, CBA, Westpac face potential class action

ELIZA BAVIN  |  TUESDAY, 11 AUG 2020
... Count Financial and Financial Wisdom. From Westpac, the firm is focused on Westpac Bank, Securitor Financial Group and Magnitude Group. "Each of these institutions owed specific obligations to their customer designed to protect their customers' interests ...

Experts battle for GST reform

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... burden of reform". It recommended state treasuries develop projections of national GST revenues, helping to unearth the magnitude of further erosion and guide policy response, and also advocated for an increase to the GST rate as well as expanding the ...
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