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Showing 991 - 1000 of 4063 results for "Engage"

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... well as consumers," he said. The Federal Court case highlights there are implications for financial firms that don't engage with AFCA's requirements. On handing down the penalties, Justice Downes said: "Cooperation by AFCA members with AFCA is ...

Brighter Super revamps board structure

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... important stakeholder, the working relationship has "experienced challenges over the past 12 months." "... we have sought to engage with them and maintain an open, respectful, and reasonable relationship... Issues have included the ETU making non-negotiable ...

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The finance juggernaut has agreed to fork out US$5 million in penalties to the Securities and Exchange Commission (SEC) following charges related to its fixed income valuations. The SEC alleged that Bloomberg Finance LP misled disclosures relating to ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
With wage inflation expected to persist into 2023, managing wage increases, employee satisfaction and other measures to attract and retain talent are issues on the agenda for ESG engagement this year. According to the latest data available from the ...

Paraplanners happy to stay put: Survey

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
According to the Paraplanner Hub and Tanngo's Australian Paraplanner Survey 2022, less and less paraplanners (80%) are wanting to become financial advisers. Paraplanners don't want to move into advising because they don't want to be in client ...

Bravura restructures operating model, makes new appointments

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
Bravura's executive team has instituted an organisational change program to reconfigure its operating model, shifting some leadership roles. The program, led by Bravura chief executive Libby Roy, will focus on establishing a product framework that supports ...

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
Former Adelaide-based financial adviser Tai Thanh Nguyen has pleaded guilty to two counts of falsifying company books. Nguyen was convicted on both counts and placed on recognisance in the sum of $1000 to be of good behaviour for two years. The former ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... because it diversifies risk while providing growth," he said. However, the US defined contribution savings system doesn't engage in the same breadth of asset allocation as seen in Australia. This is possibly because the principal regulating governing ...

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
The Administrative Appeals Tribunal (AAT) has supported ASIC's decision to cancel the AFSL of Olive Financial Markets Pty Ltd (Olive). Between 2013 and 2018, Olive operated both a managed discretionary account (MDA) service and a superannuation rollover ...

Australians neglecting their retirement: Super fund

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
Investment options continue to flood the market meaning there is no shortage of places to stash your cash, but one super fund says the modern-day investor has lost sight of their superannuation. While more Aussies are engaged with investing, they are ...