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Showing 131 - 140 of 1867 results for "Authority"

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... April 29, after the CSLR paid $21,888 to a client who'd won a complaint through the Australian Financial Complaints Authority (AFCA). The firm hadn't complied with AFCA's determination, issued in September last year. Brite's local licence cancellation ...

Rest details internal program to reform death benefit processes

ANDREW MCKEAN  |  FRIDAY, 2 MAY 2025
... just 8% of claims within 90 days - the lowest rate among the trustees assessed. The Australian Financial Complaints Authority (AFCA) considers three months a reasonable timeframe for finalising straightforward death benefit claims. The review also showed ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
The Australian Financial Complaints Authority (AFCA) has released its bi-annual System Issues Insight Report, to address industry practices and reduce consumer complaints. In the first half of 2024-25, 235 matters were reported affecting 187,855 consumers ...

QTC names new chief executive

ELIZABETH FRY  |  THURSDAY, 24 APR 2025
The Queensland government's central financing authority welcomed a former TCorp treasury lead as its new boss. Queensland Treasury Corporation has appointed Simon Ling, an executive with nearly three decades of experience in investment banking ...

UK watchdog to open Australian office

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
The UK's Financial Conduct Authority (FCA) will open an office in Australia so that the regulator can assist UK firms in entering the local market and vice versa. To be based in Australia from July, Camille Blackburn has been appointed director, Asia ...

GESB expands leadership team

JAMIE WILLIAMSON  |  MONDAY, 14 APR 2025
... services officer. He was previously executive general manager of corporate affairs and governance for the Pilbara Ports Authority. He also previously worked for the Australian Gas Infrastructure Group as general manager of corporate services, general ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... appointment of the next chair of the Securities and Exchange Commission (SEC). Meanwhile, the UK's Financial Conduct Authority (FCA) has reappointed its chief executive. Patomak Global Partners chief executive and founder Paul Atkins, nominated by President ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
The Australian Financial Complaints Authority (AFCA) will expel United Global Capital's (UGC) membership effective May 31. UGC, which is now in liquidation, began providing financial services, including financial advice, in 2017 to retail and sophisticated ...

Magellan names infrastructure co-leads

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... transport infrastructure at CP2 and various senior roles at Macquarie Securities and the New South Wales Roads and Traffic Authority in Australia. McVicar joined Magellan in 2013 as an investment analyst in the infrastructure team and was promoted to ...

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ...