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Showing 1361 - 1370 of 3130 results for "November 26"

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
Hear ye, hear ye... the unemployment gap has closed! The loss of 3900 workers (versus expectations for a 15,000 addition) may have made for sobering reading on the Australian labour market but this was a small give from the 58,200 additional workers ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
Online brokers are being presented with a new business case to capture the most frequent traders - a group which has spiked in its considerations about switching broking platforms. Research firm Investment Trends said 9% of traders which transact more ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
Commonwealth Bank is extending its domestic and family violence support program due to customer need, with its helpline receiving about 90,000 calls in the first month. Initially launched as a 12-month pilot in November 2017, the CBA Domestic and Family ...

Investment platform CFO steps down

JAMIE WILLIAMSON  |  FRIDAY, 3 AUG 2018
The chief financial officer of an ASX-listed investment platform has stepped down, with the role to now be outsourced. Share trading platform SelfWealth (SWF) announced it has engaged the services of The CFO Solution, a provider of outsourced administration ...

Existing but unregistered advisers at risk

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
Existing financial advisers that don't appear on ASIC's Financial Adviser Register will be forced to complete the new exam by 1 January 2019 if they don't register soon. In new guidance issued by the regulator, only those advisers listed on ASIC's FAR ...

AustralianSuper tax specialist heads to fintech

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
A wealth management software provider has hired a senior analyst from AustralianSuper, as it builds out its suite of tax products and their distribution. Elly Grace is joining GBST as a client relationship manager and a tax SME on its tax solutions ...

SuperConcepts searches for new CTO

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
AMP subsidiary SuperConcepts confirmed it is on the hunt for a new chief technology officer. Incumbent CTO Kurt Groeneveld will exit the business the end of 2018. Prior to joining SuperConcepts, he was the chief executive of Supercorp, a superannuation ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
MLC will cease deducting general financial advice fees from its MasterKey Personal Super products after admitting it did not clearly communicate to members they could opt out of the service. About 305,000 MasterKey Personal Super (MKPS) members will ...

AFCA funding lacks transparency: AIST

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
The Australian Institute of Superannuation Trustees slammed the lack of transparency around how the Australian Financial Complaints Authority will operate and be funded. The Federal Government recently released its AFCA funding model overview, which ...