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

Search Results

Showing 1421 - 1430 of 10109 results for "Financial services"

Family office manager names first chief executive

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... initiative aimed at servicing other areas of the industry. Robertson brings over two decades of experience in financial services, most recently serving as director, national account manager at UBS. Previously, Robertson held roles at Colonial First State ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... more difficult," Salis wrote. "The superannuation industry does not escape this change. A 2017 study by the Financial Services Council also found that even though 70% of Millennials had a superannuation account, they are uninterested and unengaged with ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... that make minor changes to the industry funding model following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers that was in place in 2020-21 ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... dollars in fees to roll the money over, AIST said. Corporate regulator ASIC has been keeping a closer eye on financial services firms spruiking products since the Hayne Royal Commission. Following the hearings, anti-hawking rules related to superannuation ...

ASIC permanently bans former financial adviser

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... the charges, Wertheimer pleaded guilty and was convicted and sentenced to 18 months in prison for providing financial services without authorisation and engaging in dishonest conduct. Wertheimer was a financial adviser under his own company, John Wertheimer ...

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... Steps, which must be clearly outlined in the SoA, has also been embraced by advisers. Estimates by KPMG and the Financial Services Council in 2021 calculated the advice process to cost $5334.64. By removing the Safe Harbour Steps, this will reduce the ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation Scheme of Last Resort) Bill 2023, provides victims of financial misconduct access to redress and compensation. ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim Report C wants to simplify Chapter 7 of the Corporations Act and ultimately bring together all the financial ...

Pengana appoints leaders for private credit division

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
... hard-to-access global private credit for Australian investors. Richardson most recently worked at Latitude Financial Services as its general manager of corporate development and investor relations. Prior to that, he held a position at J.P. Morgan as ...

New inquiry targets audit sector following PwC scandal

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
... launched following PwC's tax leak scandal. Undertaken by the Joint Standing Committee on Corporations and Financial Services, Senator Deborah O'Neill advised the inquiry will review Australia's big four auditors, but not solely. "I advise ...