Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 2987 results for "Response"

Talent attraction key to family office growth: KPMG

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
The growth of local family offices in the past five years is driving an increase in demand for investment and management staff, according to KPMG's Australian Family Office Benchmark Report 2023. The survey, produced by KPMG together with Agreus ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... it makes "no admissions of liability" in relation to the settlement. Meanwhile, AMP recently earmarked $50 million in response to a Federal Court decision regarding its contentious adjustment to Buyer of Last Resort (BOLR) terms. Its changes caused a ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... oversight of the program and the accuracy of statements and disclosures made by the ASX about the project's status. In response to the investigation, ASX has prepared three special reports for ASIC, two of which were made public today. ASIC acknowledged ...

Assembly launches second diversified fund

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... and distressed investments than ADPF1, given the market dislocation and more opportune timing of new investments. "In response to the highly unpredictable financial environment since launching ADPF1 in 2019, AFM has developed a fairly unique investment ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
APIR Systems has noted a significant rise in the registrations of new financial products, particularly of managed funds and managed accounts. According to APIR chief executive Chris Donohoe, while product registrations were slightly down from the previous ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... must have evidence to back their claims and ensure they are not promising exclusions that they cannot guarantee." In response to the allegations, the fund said: "Active Super has co-operated with ASIC's investigation and welcomes increased scrutiny ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... advice and wealth management group's hesitancy in deciding on any appeal. "We have booked a $50 million provision in response to the judgment in the Financial Adviser Class Action. The process for the Court making orders from the judgment is ongoing ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... balance sheet," he said. "A future without the Future Fund is a more viable one." Costello shut down the idea and in response said, the asset has earned over $140 billion for the Commonwealth since launching with $60.5 billion. "If the Fund were wound ...

ASIC looking to send message with eToro action

CASSANDRA BALDINI  |  WEDNESDAY, 9 AUG 2023
... based on the number of policies you hold, or the years you have been with the insurer." She said the action taken is in response to failed promises and is reminiscent of some of the conduct seen during the Royal Commission. Recently, MLC Life Insurance ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
... occurred. Further, it explained limitations in tax secrecy laws would be removed following barriers to regulators acting in response to PwC's breach of confidence. The ATO and Tax Practitioners Board (TPB) will have the freedom to refer ethical misconduct ...