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Showing 121 - 130 of 7583 results for "Today"

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans to reform and modernise the RBA, flagging the introduction of the Treasury Laws Amendment (Reserve ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... people undergoing genetic testing could have a significant impact on the cost of life insurance. The consultation opened today and closes on 31 January 2024.

Maple-Brown Abbott loses sales head

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
Maple-Brown Abbott distribution head Duncan Hodnett has jumped across to a specialist middle-market corporate direct lending fund manager in the same role. Hodnett - who was with the boutique fund manager for almost four years - has joined Epsilon Direct ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... sent to customers were timely and accurate. "ASIC expects businesses to invest properly in their compliance systems. As today's outcome shows, if they fail to do so, they face significant penalties." Mercer has previously paid about $45 million in remediation ...

RIAA appoints co-chief executives to succeed O'Connor

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... next month. Earlier this year, RIAA chief executive Simon O'Connor announced his intention to step down from the role. Today, RIAA said he will be replaced by Estelle Parker and Dean Hegarty, promoted from within the organisation. Parker currently ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... have invested quite significantly to offer a larger variety of credible solutions to service private assets," Dubois said. "Today, we are the number one bank in Europe within these assets, and we are increasing our capacity in Australia. "So, we are ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... Grewal said. "Kraken's choice of unlawful profits over investor protection is one we see far too often in this space, and today we're both holding Kraken accountable for its misconduct and sending a message to others to come into compliance." ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... currently services the M3 network primarily via a centralised support group. WTL supports its Sentry, Synchron and Wealth Today cohorts similarly via its Wealth Adviser hub. Additionally, WTL stated that the groups' share policies, processes, and ...

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... seminars. "We're very proud that major Australian employers trust us to manage the retirement outcomes of their employees today and into the future," he added. ART is still working through the transfer of AvSuper, which it agreed to in February this ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... advice. "This will mean that mass Australia will get better support from their super fund than they are permitted to provide today," he said. That said, Thornton argued that the gold standard will always be financial advice from an independent financial ...