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Showing 1231 - 1240 of 8462 results for "Managed"

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... total decrease of 23%. About 450 related to financial advice. Investment and advice complaints capture financial advice, managed funds, timeshare, stockbroking, horseracing syndicates, and crypto. "The relatively low number of complaints received by ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... closure. In a parallel development, Colonial First State Investments is also stepping down as the operator of encircle's managed investment accounts. Earlier this month, encircle Super members received correspondence outlining that their accounts would ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
ASIC is suing the operator of several unregistered managed investment schemes that, among other investors, targeted SMSF members. Sasha Hopkins, director of The A Team Property Group, is facing civil action for alleged unlicensed conduct and running ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... now very focused on retirement, the opportunity for Challenger to support the industry with guaranteed income solutions, managed and regulated in Australia, is significant," Hamilton said. The deal will be reflected in Challenger's Q1 FY24 lifetime ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... the fund and the ETF that was based on that fund (VEFI) to ASIC in early 2021 after identifying that while the fund was managed in alignment with the Bloomberg index methodology, "the descriptions of the exclusionary screens published by the Index provider ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... provide advice to members - all while lowering the cost to serve. "Working together with Aware Super, we've successfully managed to deliver on those benefits while lowering costs using our Sonata Alta BPaaS (Business Process as a Service) platform," ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
ASIC has cracked down on eight self-managed superannuation fund (SMSF) auditors for breaches of their obligations. Specifically, the regulator has disqualified five SMSF auditors and imposed additional conditions on three SMSF auditors for failing to ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... Marcus Price. The announcement follows former Iress chief financial officer John Harris moving to head up the group's managed portfolio business in April. Williamson steps into the role with over 25 years of experience, including about 14 years as ...

InvestSense welcomes distribution lead

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
The investment management consultancy firm, which specialises in multi-asset managed accounts, has brought John Nicoll on as distribution executive. Nicoll brings over 22 years of experience in the financial services sector, having previously served ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Moreover, it enhances third-party risk management by ensuring risks from material service providers are appropriately managed. APRA chair John Lonsdale said the finalisation of CPS 230 will strengthen the management of operational risk across APRA's ...