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Showing 1021 - 1030 of 18247 results for "Plan"

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... public yesterday. In all, Deloitte has made 26 recommendations, which Cbus says it will now work on developing an action plan to address, as required under the licence conditions applied by APRA. One of the key recommendations made by Deloitte was the ...

Netwealth celebrates $100bn amid 25th anniversary

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
Netwealth has marked 25 years in business by crossing $100 billion in funds under administration (FUA) on its platform. On November 28, Netwealth achieved FUA of $100 billion, comprised of $99.5 billion in custodial FUA and $0.7 billion non-custodial. ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Alan Oster will retire from NAB as chief economist after 32 years in the role, with Sally Auld set to replace him. Oster, who will finish at NAB at the end of March 2025, joined NAB in 1992 and built a respected economics function, the bank said. NAB ...

The sensitive conversations advisers shy away from

KARREN VERGARA  |  TUESDAY, 3 DEC 2024
Financial advisers must build the confidence to talk to clients about sensitive topics such as divorce, financial coercion, and binding financial agreements (BFAs) to help them navigate difficult periods and make a real difference in their lives. According ...

Family office investment lead joins TCorp

ELIZABETH FRY  |  MONDAY, 2 DEC 2024
One of Australia's oldest family offices is farewelling its head of investment who plans to join TCorp in the new year. Katheryn Young is departing Cambooya to take an institutional role at the New South Wales state investment firm. TCorp has confirmed ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
As the number of AFSL cancellations pile up due to the non-payment of Australian Financial Complaints Authority (AFCA) determinations, far too many financial services firms are taking advantage of the Compensation Scheme of Last Resort (CSLR), treating ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
AMP has finalised its divestment of three licensees and support service business to Entireti and AZ NGA as the new owners unveil a revamped leadership team. Some 950 advisers across AMP Financial Planning, Hillross, and Charter Financial Planning now ...

First Sentier makes leadership appointments

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
First Sentier Investors (FSI) has announced two key leadership appointments, effective 1 January 2025. Harry Moore, currently the global head of distribution, marketing, and communications is appointed to the newly created role of chief commercial officer. ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... underpin for growth in members and cash flows in the future." In recent times, ART has merged with Alcoa of Australia Retirement Plan, AvSuper, and CBA Group Super, to name a few. It is also planning a merger with Qantas Super. Morningstar said the focus ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
The methodology used to calculate compensation for victims of bad financial advice appears to factor in 'opportunity costs' and has drawn the ire of advisers, calling it "unfair" and "unsustainable" for the industry. The "but for" methodology ...