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Showing 81 - 90 of 6395 results for "Corporate"

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... Court on April 30. The matter is being prosecuted by the Commonwealth Director of Public Prosecutions. Separately, the corporate watchdog acted against nine SMSF auditors in the last quarter of 2023. The actions included disqualification of five auditors ...

Unlicensed crypto investor faces jail time

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
... returns of at least 10-20% on investments that included crypto assets through his company, A One Multi Services. The corporate regulator alleges that Hala encouraged consumers to establish a self-managed superannuation fund (SMSF), and to roll over their ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
After being rebuked by ASIC for operating without an AFS Licence, iExtend is now running under a Corporate Authorised Representative (CAR) arrangement for the interim. A CAR enables iExtend to act as an agent of an AFS Licensee, meaning it is authorised ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
ASIC deputy chair Sarah Court has reaffirmed that the corporate regulator is targeting member service failures, greenwashing, and inappropriate fees and charges, cautioning the superannuation industry to lift its game. At an industry event, Court said ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... stretch to apply this thinking to the use and operation of AI by financial services licensees." Longo disclosed that the corporate regulator is already pursuing an action in which AI-related issues arise, where it believes the use of a demand model was ...

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... and better retirement outcomes for Mercer Super members. Mercer also appointed Andrew Howse, previously the head of corporate benefits at Gallagher, to the new position of client leader at Mercer Super. In the role, he will service the fund's burgeoning ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
From tomorrow, Australian companies with 100 or more staff must publish the median pay gap between their male and female employees. While it sounds simple enough, some experts believe corporates are not prepared for what's to come. The Workplace ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... imprisonment. Just last year, Fuoco was convicted and fined for his involvement in two companies while still being banned. The corporate regulator found that Fuoco was running Financial Circle from August 2017 to September 2018, despite being disqualified ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
Aware Super has appointed former Vanguard and BlackRock portfolio manager Agnes Hong as its new head of public market equities. Hong, who is relocating from Philadelphia to Sydney, will oversee the development of Aware Super's $90 billion public ...

Commerzbank acquires Aquila Capital

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2024
... Europe's leading sustainable managers. It said this will be driven by access to Commerzbank's 11 million private and corporate clients, 26,000 corporate client groups, and its presence in over 40 countries. Meanwhile, Commerzbank will get access to Aquila's ...