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Showing 1 - 10 of 9044 results for "financial services"

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 ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... board's decision to refocus as a standalone asset management firm, moving away from a complex, diversified financial services model, is expected to deliver enhanced long-term value to shareholders. "Shareholders will benefit from cash proceeds following ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... corporate authorised representatives that are engaged in these referral arrangements and ensure they comply with financial services laws. Super trustees that gain new members via these tactics should review their processes to ensure they are not benefiting ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
The Financial Services Council (FSC) continues to expand into financial advice by taking on a digital advice association that flagged its formation one year ago. The Digital Advice Expert Group is now part of the FSC, founded by moneyGPS chief executive ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence (AFSL). ASIC chair Joe Longo said this was a significant ruling as the first court outcome against a non-cash payment ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... director. Roche said he was delighted to welcome Byres to the board, and he looked forward to "drawing on his deep financial services and regulatory expertise". Byres brings over 30 years' experience in financial services regulation, risk management ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... a proven risk management framework and culture," she said. Annuity-style operations led by MAM, Banking and Financial Services (BFS), and select Commodities and Global Markets (CGM) segments reported a combined net profit of $3 billion, a 27% decrease ...
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