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Showing 1111 - 1120 of 4927 results for "MIS"

Financial planning avatars are the future

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
Alongside a panel of experts at the FPA 2022 Congress held in Sydney, FPA chief executive Sarah Abood was asked what she expects the advice sector to look like in 2023, and her answer involved the metaverse. "I'm an optimist when it comes to technology ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
Goldman Sachs Asset Management is paying US$4 million to settle charges brought by the US regulator over failures involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation ...

Fortnum launches new adviser support service

CASSANDRA BALDINI  |  TUESDAY, 22 NOV 2022
Fortnum Private Wealth has launched a Business Optimisation Service (BOS) to help advisers improve the quality, profitability, and capital value of their businesses. The BOS program is currently being rolled out across Fortnum's network of over 90 practices ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
The government is looking to implement stricter regulation for the buy now, pay later industry, releasing an options paper for consultation. According to minister for financial services Stephen Jones, the number of active BNPL accounts grew from five ...

UK regulator warns trading apps over gamification

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
The Financial Conduct Authority wants stock trading app operators to review the design of their platforms, saying gamification is being used in ways that mislead consumers and create problem behaviours. The regulator said design features like regular ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
Link Group has sold 10% of its existing 42.77% shareholding in PEXA Group for $101.9 million, with the net proceeds to be used to pay down debt. The PEXA selldown was executed at $13.50 per share; settlement is expected to occur on November 23. The ...

We do get it: Levy

CASSANDRA BALDINI  |  FRIDAY, 18 NOV 2022
Michelle Levy has responded to suggestions there's been minimal financial adviser input to the Quality of Advice Review, saying there's a lot more going on behind the scenes than people realise. Speaking on the Financial Standard podcast, Levy ...

ASX dumps CHESS replacement project

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
More than seven years on from when talk of a CHESS replacement began, the ASX has confirmed it will go back to the drawing board, writing off about $255 million in investment already made. The bourse first touted it would look to replace CHESS in February ...

Spirit Super farewells chair, names successor

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
Naomi Edwards will depart the fund after 12 years on the board, to be replaced by investment and superannuation veteran Maria Wilton. Edwards was Tasplan's chair since 2011, continuing in the role following its merger with MTAA Super. Edwards' ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...