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Showing 1081 - 1090 of 4166 results for "Action"

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... funds. The regulator will conduct a review this financial year on how trustees abide by its requirements and may consider action where misconduct causing consumer harm is identified. ASIC commissioner Danielle Press said it is important that employers ...

New equities fund at Australian Ethical

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... excellent investment performance and a rising awareness among Australians of the power of their money in driving climate action." "We are building out our product pipeline to meet this growing demand, with the High Conviction Fund complementing our suite ...

Capstone drops jailed adviser

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
Capstone Financial Planning has revoked the authorisation of Mark Babbage, the Victorian financial adviser jailed for breaching Western Australia's strict border restrictions to attend the AFL Grand Final. Financial adviser and broker Mark Babbage ...

RIAA, HESTA back key First Nations project

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 OCT 2021
... executive manager - programs Estelle Parker said. Lendlease's participation in the initiative is linked to its reconciliation action plan (RAP), and is related to its business strategy, Lendlease executive lead of First Nations engagement and chair of ...

UniSuper net zero efforts accelerated

JAMIE WILLIAMSON  |  TUESDAY, 12 OCT 2021
A new three-year renewable electricity deal is set to see the proportion of UniSuper's direct property portfolio that's managed by AMP Capital become carbon neutral almost a decade ahead of target. AMP Capital signed the agreement with SmartestEnergy ...

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
Commonwealth Bank finalised its three-year action plan by implementing recommendations from a prudential inquiry to improve its governance and culture. At the same time, it has been slammed with court proceedings for underpaying staff over $16 million. ...

CBA to detect abusive banking behaviour

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
Commonwealth Bank is implementing artificial intelligence (AI) technology along with machine learning to detect abusive behaviour reflected in transaction descriptions within its banking services. Developed in CBA's AI Labs, the technology will be used ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
... investigating a business run by financial adviser Nizi Bhandari for contraventions of the law but did not take adequate action and continued to allow him to put clients into Diversa's superannuation product. This allegedly saw Diversa continuing to allow ...

ESG investing 2.0 emerges

KARREN VERGARA  |  THURSDAY, 7 OCT 2021
... January. The United Nations Climate Change Conference or COP26, which takes place this month, will also accelerate more action towards signing up to the Paris Agreement. "All of these triggers have resulted in significant inflows into sustainable ESG ...

ASIC chases $12m from Mayfair

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
The regulator claims Mayfair 101 entities should have to pay approximately $12 million in fines for misleading and deceptive conduct, but Mayfair founder James Mawhinney maintains there was no wrongdoing. ASIC is seeking $12 million in penalties from ...