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Showing 1001 - 1010 of 6512 results for "Jul"

Former financial adviser charged with fraud

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
A former financial adviser has been convicted of fraud after using false documents to obtain a financial advantage. Ashley Grant Howard pleaded pleading guilty before the Downing Centre Local Court to two charges of using false documents to obtain a ...

ASIC launches civil action against American Express

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
ASIC has commenced the first ever court case in relation to alleged breaches of design and distribution obligations (DDO). The case concerns two credit cards issued by American Express (Amex) that were co-branded with retailer David Jones (the credit ...

CareSuper appoints chief executive

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
CareSuper has named its new chief executive, taking over from Julie Lander. Michael Dundon will become CareSuper's chief executive in March 2023. He was previously chief executive of VicSuper before it merged with First State Super to create Aware ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Rest chair Ken Marshman will step down at the end of the year, to be replaced by a former Victorian government minister. Marshman has been on the Rest board since December 2017 when he joined as an independent director. In July 2014, he became independent ...

HNWs recalibrate investment goals: Report

CHLOE WALKER  |  THURSDAY, 1 DEC 2022
Latest research from Investment Trends has indicated that the proportion of Aussie high-net-worths making substantial asset allocation changes to their portfolio has shrunk for the second year in a row, with just under two in five (37%) making substantial ...

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
Equity Trustees, the trustee of Crescent Wealth Superannuation, has said the fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's ...

Australian Ethical, Christian Super merger finalised

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
The successor fund transfer was completed on November 25, adding 28,000 new members to Australian Ethical Super. It comes mere months after the merger was confirmed in July, with Australian Ethical and Christian Super first flagging their discussions ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
Appearing at the FPA Congress today, ASIC senior executive leader Leah Sciacca explained that all financial advisers will need to register with the ASIC Financial Services and Credit Panel, in addition to being registered on the Financial Advisers Register. ...

ASIC bans married duo from providing financial services

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
ASIC has banned former financial adviser Richard Thomas Marshall from providing financial services for six years, and his wife Gwenda Jean Marshall for three years for operating unlicensed and removing money from a deceased client's account. An ASIC ...

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
Perpetual has confirmed it may have to cough up more than $20 million to Pendal Group if a transaction were to impede the existing deal between the two entities, as speculation grows Perpetual is attempting to renege. Yesterday, Perpetual dismissed ...