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Showing 111 - 120 of 1655 results for "Authority"

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... After acting in the role for 16 months, Shail Singh has officially been appointed as the Australian Financial Complaints Authority's (AFCA's) lead ombudsman, investments and advice. Singh was appointed ombudsman when AFCA opened its doors in 2018, before ...

Rest to sell Endeavour stake

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... company to a consortium comprising Macquarie, Rest, Canada's British Columbia Investment Management and Qatar Investment Authority. The NSW government retains 49.6% of the electricity distributor. The sale price was not disclosed by Rest. At the time ...

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
The Financial Conduct Authority (FCA) has proposed reforms to simplify listing rules, positioning the UK to attract a wider range of companies. The FCA wants to make the UK's listing regime more effective, easier to understand, and competitive, ultimately ...

Wendy Norris quits Future Fund

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... Future Fund's investment chief Sue Brake left in June last year, citing family reasons. She is now on the Monetary Authority of Singapore's Risk Advisory Panel. Brake's sudden departure followed the resignation of the Future Fund's deputy ...

Link Group sells Funds Solutions, settles with FCA

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
Link Group has sold the troubled Fund Solutions business and reached a settlement with the UK Financial Conduct Authority (FCA) over the Woodford fund issues. Fund Solutions has been sold to Waystone Group, for between $203 to $259 million (£110- £140) ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... "Under the Reserve Bank Act 1959, I, as the governor, am charged with managing the bank and I am also the accountable authority under the Public Governance, Performance and Accountability Act 2013. As you know, there is great deal of public visibility ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
... while those related to financial advisers have shot up, the latest statistics from the Australian Financial Complaints Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 superannuation complaints, while financial adviser-related ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... account. Silicon Valley's entry into the space has caused some concern for regulators, last year the Financial Conduct Authority (FCA) launched an inquiry into big tech firms like Google, Facebook Amazon and Apple entering financial markets with fears ...

AFCA chief to serve second term

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
David Locke has been reappointed as chief executive and chief ombudsman of the Australian Financial Complaints Authority, as the body marks $1 billion in compensation delivered to consumers since its inception. Locke will serve a second five-year term ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... services laws in Australia, including access to external dispute resolution through the Australian Financial Complaints Authority. Our targeted review of these matters is ongoing, including focus on the extent of consumer harms," he said. Binance continues ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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