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Showing 1201 - 1210 of 4419 results for "Williams"

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...

Mayfair 101 bids for High Court appeal

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Mayfair 101's James Mawhinney has filed for special leave to appeal to the High Court, claiming ASIC being given the chance to have its case against him reheard is further denial of procedural fairness. Last month, the Full Federal Court overturned ...

ASIC dishes out permanent ban to 'lifestyle' adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
A former Dover and Interprac financial adviser who was found to be unfit to operate in the industry in any capacity was permanently banned by the regulator. ASIC said James Carlos Reynolds purported to offer 'lifestyle' financial advice as sole director ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
Australia's retirement system has been awarded a B+ by Mercer and the CFA Institute in their 2022 Global Pension Index, ranking sixth overall for the second consecutive year. The index covers 44 retirement systems around the world, measuring them on ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
A survey of superannuation fund members found overall satisfaction has declined and more are considering changing funds. The latest CSBA FEAL Superannuation CX benchmarking report surveyed close to 5500 members from 20 super funds and found that customer ...

IFM Investors adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
The current chair of AMP Capital Funds Management is joining the board of IFM Investors. Ming Long has been appointed as an independent director, growing the board's private markets expertise. Her appointment is effective November 1 and will see the ...

Court dismisses Mayfair 101 appeal

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
The Full Federal Court dismissed an appeal by Mayfair 101 to overturn the findings of misleading advertising and the $30 million fine it was handed in December last year. In March 2021, the Federal Court found Mayfair 101's group of companies engaged ...

Proposed CFD class action targets IG Markets

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
Piper Alderman and Omni Bridgeway are preparing a class action against IG Markets on behalf of investors who collectively lost an estimated $800 million or more trading contracts for difference (CFDs). The proposed action involves up to 20,000 "everyday ...

Regulators to face committee scrutiny

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2022
The ACCC, APRA and ASIC will front the House of Representatives Standing Committee on Economics tomorrow to discuss super fund underperformance, greenwashing and the rise of finfluencers. In what will be the committee's first public hearings into the ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
The government is proposing changes to the Telecommunications Regulations 2021 following the Optus breach that will impact how APRA-regulated entities respond to cybersecurity incidents and risks. Changes from the government are expected to provide ...