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| | | The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ... |
| | | | ... opportunistic and infrastructure," he said. Meanwhile, Steinberg said: "Dexus has a strong team of experienced and high-performing people, and I will miss working with them every day." Steinberg added that one of his proudest achievements has been building ... |
| | | | ... consumer finance group Latitude Financial, where he left in March following a cybersecurity breach affecting 14 million people. Previously, he served as chief executive of Australia Post, and National Australia Bank/MLC. The group stated that the appointment ... |
| | | | New research commissioned by the Council of Australian Life Insurers (CALI) shows the number of people receiving professional life insurance advice remains low, despite a third showing interest. The survey polled over 1000 Australian workers aged between ... |
| | | | ... scope to the type of advice that could be provided and collectively charged because of the Sole Purpose Test. And these people could become, over time, the next generation of financial advisers and planners," Abood said. "However, in this latest proposal ... |
| | | | ... also stated she was concerned it would prohibit her from providing pro bono advice to vulnerable women and First Nations people and impact her ability to be admitted as a legal practitioner. However, the AAT said there was no other suitable punishment ... |
| | | | ... as five million Australians are either nearing or in retirement with more money than ever before, the reforms will help people make better and safer decisions. "This new access to financial advice will reduce the harm caused by scammers posing as 'fin-fluencers' ... |
| | | | ... permanent replacement. In taking up the role, she vacates the seat of deputy chair. "On behalf of the executive team and our people at VFMC, we extend our congratulations to Lisa on her appointment as chair," VFMC chief executive Kate Galvin said. "We ... |
| | | | ... joining the business as a shareholder or moving into retirement. "We are extremely fortunate to have some incredibly talented people in our team in all different roles and I'm really excited about our new team members and shareholders joining the CAG ... |
| | | | In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ... |
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