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Showing 141 - 150 of 2996 results for "Response"

Frontier calls for better unlisted asset valuations

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... global practices, Frontier argues this is for good reason. Factors such as redemption periods, Australia's robust response to the COVID-19 pandemic, and the impact of rising global interest rates require a unique Australian perspective. In Australia ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... However, Moshinsky said that "a process will be required to determine the impact of the decision on other group members". In response, AMP said in a statement to the ASX that "noting the complexity of the matter, AMP is reviewing the judgment in detail ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... purport of consequences for failing to meet appropriate standards of professional conduct offer a begrudging and belated response to actions which occurred, and which PwC was aware of, more than seven years ago," she said. "Many questions remain unanswered ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
Despite the lull in the property and private equity sectors, Australian Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million ...

Technology top threat to company culture: Report

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
New and emerging technology is the biggest threat to company culture within financial services firms, more than 60% of senior leaders say. According to a report by Allen & Overy (A&O Consulting), Organisational culture in financial services, 62% of ...

AUSTRAC drops action after Bell FG audit

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... work with the group to ensure ongoing compliance and to monitor the remediation and uplift undertaken by the entities in response to the external auditor findings and recommendations," it said. Bell Financial executive chair Alastair Provan acknowledged ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... also acknowledged the relationship with Link and thanked the provider for its "continued hard work and dedication." In response, Link noted that HESTA currently represents 4% of its estimated group revenue for FY23. Link reaffirmed its FY23 guidance ...

ASX provides clarity on CHESS replacement

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
Responding to suggestions made at the Parliamentary Joint Committee (Committee) on Corporations and Financial Services, the ASX has confirmed no decisions have been made in relation to the CHESS replacement. In a letter to Committee chair Senator Deborah ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... recovery follows minister for financial services Stephen Jones confirming the adviser levy freeze would not continue. In response to the tripling of the levy, the Financial Advice Association Australia (FAAA) called for the freeze to be reinstated, particularly ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... trusteeship responsible entity duties, it allows us to focus on bringing our global investment capabilities into Australia in response to the increasingly competitive nature of the market," Macdonald said. "abrdn remains committed to the Australian market ...