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Showing 1431 - 1440 of 17569 results for "Report"

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... team to review the governance and control frameworks supporting the production of similar submissions to customers and report its findings to the board. "I have personally apologised to the chief executive at AOFM for ANZ's failures. We are significantly ...

Australian Retirement Trust restructures leadership team

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... strategy, including product, service model, and advice. Additionally, Rod Greenaway, chief technology officer, will now report into Vincent. Stevhan Davidson, who has served as chief strategy officer, will continue to report to chief executive David ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... which is a pivotal part of our new streamlined business model," Sweeney said. Sequoia also announced that it expects to report FY24 numbers in late August, and despite "significant disruption" to the business over recent months, will see revenue of approximately ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
The Australian Securities and Investments Commission (ASIC) has released its final report on equity market integrity in Australia. ASIC said it will be establishing a dedicated criminal investigation team to swiftly progress insider trading investigations ...

Remediation professionals told to temper expectations

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... lot of competition in the job market for wealth compliance and risk candidates, according to a recent Kaizen Recruitment report. The past financial year has seen considerable changes in the risk and compliance market, with demand for professionals remaining ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Perpetual's asset management business failed to stem outflows before the financial year end, which saw $8.9 billion of investor money exit its six boutiques. Former investors of Pendal Asset Management drove the exodus, walking away with a whopping ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... question of how many financial advisers will be operating in Australia within the next two decades," the Rainmaker Adviser report said. "The financial adviser sector in Australia was riding high in 2019 with 26,500 registered financial advisers." The ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... chance for an interest rate hike in August, because it looks like inflation is going to [be around] 4% [when] we get that report on July 31," he said. "The current RBA forecast is 3.8%. That was revised up from February. So, the RBA has constantly revised ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

Household income buoyed by property investments: CBA

MATTHEW WAI  |  TUESDAY, 23 JUL 2024
Average household income has been lifted through a poised rise in the rent and investment segments, as Aussies remain uptight on the front of cost-of-living, Commonwealth Bank data shows. Overall income growth is sitting at around 5%, with rent and ...