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Showing 1071 - 1080 of 10109 results for "Financial services"

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 ...

ART names advice and education leads

ELIZABETH FRY  |  FRIDAY, 3 MAY 2024
... stakeholders such as health, education, and police. The executive and board director has spent 25 years in financial services, specialising in superannuation, financial advice and insurance. Cordero joined QSuper as head of employer and business development ...

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... calculates the gender pay gap to stand at 19% or $18,461 per annum on a median basis tilted in favour of men. The financial services industry's median base salary gender pay gap sits at 23.6% while the median gender pay gap for total remuneration ...

ASIC issues warning over scammers using fake AFSLs

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... sophistication of fake bond and term deposit scams. ASIC said scammers are impersonating little-known legitimate financial services businesses, often those without a website or digital footprint. The regulator said scammers are mirroring real businesses' ...

Rainmaker Information names research head

JAMIE WILLIAMSON  |  THURSDAY, 2 MAY 2024
... as well as those of parent company ISS STOXX. Ramrakha brings more than 30 years' experience in Australia's financial services industry, most recently as director, manager selection at Morningstar Australia, a role he held for close to three years. Prior ...