Editor's Choice
APRA 'continuing to monitor' UniSuper outage
UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation.
Morningstar unsure if KKR's Perpetual bid benefits shareholders
Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday.
SMC says 'reckless' plan could cost taxpayers $1tn
Super Members Council has slammed the Coalition's super for housing plan yet again, saying it could cost taxpayers.
Advisers must unite for major reforms: SIAA
Financial advisers will need to band together to successfully get through another of period of reforms that will ultimately make advice accessible and affordable, this year's Stockbrokers and Investment Advisers Association (SIAA) Conference will hear.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
ASIC is taking an approach which puts them in the spotlight as a tough regulator. On balance they appear to be losing more court cases than they are winning at the moment.
So, for a self-identified and self-reported disclosure issue, Morningstar, much like a few of the other ones recently, gets dragged through the mud and ASIC gets a headline.
The regulators talk and talk about Risk Culture and fostering an environment of openness yet ASIC seems to be taking an approach which is contrary to all this. How many entities are now trying to find ways of not reporting given they know ASIC appears to have no tolerance for one-off minor breaches, which this appears to be?