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Showing 91 - 100 of 2289 results for "Practices"

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... four divisions: personal and family wealth, aged care, life risk insurance, and workplace financial advice. The two practices are authorised representatives of Fortnum Private Wealth. Wise Planners founder and chief executive Gareth Hall founded the ...

Viridian launches new specialist division amid acquisition drive

ANDREW MCKEAN  |  TUESDAY, 12 SEP 2023
... AFSL, marking its evolution into a dual-structured entity. Infinity Capital Solutions (ICS) affords third-party advice practices and financial advisers access to Viridian's proprietary model through four distinct offerings: asset management, portfolio ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... trustees are monitoring and merging multiple accounts. That review urged trustees to do better on this front, saying poor practices were causing member detriment. In court documents, ASIC said that between 2019 and 2023, the super fund failed to have ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
APRA has found early signs of change in the remuneration practices of financial services entities in a review of how Prudential Standard CPS 511 has been applied. In a letter to all APRA-regulated entities, the regulator said it was pleased with the ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... do the right thing. Such instruments have been under the watchful eye of ASIC since 2017. It has regularly reviewed practices the proceeding years, and ultimately found that most retail clients lose money trading CFDs. "Our recent penalty proceedings ...

IFM Investors appoints head of sustainable investment

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... opportunity for global investment managers to deliver returns for clients, while also embedding sustainable investment practices into their decision making," she said. Additionally, she highlighted the urgency of positive change required in the real ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... via Blackbird Ventures. APRA did not mention which super funds are invested in Canva but said that it observed "better practices" by trustees and their appointed fund managers that reflect "valuation adjustments according to the specific circumstances ...

Midwinter partners for paraplanning solution

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
... opportunities to service more customers by providing feasible, cost-effective and efficient solutions for advisers and their practices." The program offers financial planning practices a seamless back-office solution and advisers more time to focus on ...

Corporate fund inks deal with Link

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
... management as part of our commitment to growing the RSS business in Australia." "We recognise the importance of data security practices and the standards required of Australian banks. In the super industry, information security is paramount, and Link ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
AMP is facing legal action from global reinsurer Munich Re over potentially deceptive practices in past reinsurance arrangements. In a disclosure nestled within AMP's recent half-year results, it was revealed that AMP Limited and its subsidiaries, including ...