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Showing 1 - 10 of 9050 results for "Financial services"

Former NSW adviser loses ban appeal

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... upheld ASIC's decision to permanently ban Sean Sweeney. In February 2023 ASIC banned Sweeney from providing any financial services, performing any function involved in the carrying on of a financial services business, and controlling an entity that carries ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... the Budget having been announced prior to its release, it has been generally well received by those in the financial services industry. Superannuation measures The Association of Superannuation Funds of Australia (ASFA) welcomed measures to further strengthen ...

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
To better understand global investor expectations and practices, Deloitte, in partnership with a global marketing agency, developed a report from a survey of 2000 investors and 250 wealth management providers. The report provided several calls to action ...

Wholesale investor test reform has several ramifications: SIAA

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... that the regulatory distinction between retail and wholesale is applicable to a range of circumstances in the financial services sector and there's much broader implications than just for managed investment schemes." "We recommended that any review ...

Former super fund adviser receives permanent ban

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Kudzanai Philip Dzawo of Melbourne is permanently banned from performing any function related to running a financial services business and from controlling an entity that carries on a financial services business. ASIC found Dzawo had "dishonestly attempted ...

Rest adds to C-suite with new appointment

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
... governance. Murrell began her career in employment law with Herbert Smith Freehills before moving into the financial services sector.

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... associated companies. The corporate regulator is investigating Prakash and his "related companies" - Principal Financial Services Pty Ltd, Self-Managed Super Pty Ltd, Provest Enterprises, and Super Funds Australia Pty Ltd ITF Principal Superannuation ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... spruiking or cold calling altogether. "Unfortunately, some funds and advisers are forgetting the lessons of the Financial Services Royal Commission and the horror of 'fees for no service'. Right now, some within the industry are calling for the ...

The unintended consequences of the four-day work week

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... receiving 100% or full pay for 80% of their time and simultaneously maintaining 100% of their output. Zurich Financial Services non-executive director Elaine Collins said the model can potentially lead to dissatisfaction as there is uncertainty surrounding ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... a Memorandum of Understanding (MoU) setting out how they will work together to support a fair and efficient financial services sector. The MoU reflects the parties' intention to maintain a proactive, open, and collaborative relationship to effectively ...
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