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Showing 1591 - 1600 of 10109 results for "Financial services"

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... Melbourne financial planner has pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial services business. ASIC found that between February and March 2015, Bradley Grimm engaged in dishonest conduct on five occasions ...

Financial services leaders recognised: 2023 Australia Day Honours

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
Financial services leaders have been recognised in the 2023 Australia Day Honours list for their contributions to the community and industry. The 2023 Australia Day Honours List has recognised 1047 recipients from various fields, including financial ...

Superannuation objective: Australians want retirement income

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
Financial Services Council (FSC) research found Australian's support legislating an objective for super that focuses on delivering retirement income. A focus group study conducted by CT Group revealed Australian consumers' awareness, understanding ...

MLC Life Insurance welcomes new non-executive director

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... Scotland, and ANZ Bank. Stephen also held board roles with the International Financial Risk Institute and the Financial Services Institute of Australasia (FINSIA). MLC Limited chairman Peter Grey welcomed the appointment and said Stephen's experience ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... impairment charges totaling a cool $68 million post-tax will see its 2022 statutory profits take a hit. The financial services giant expects the impairments, which amount to $94 million pre-tax, to be recognised in its FY22 results. The charges include ...

Rowe joins Kofkin Bond & Co

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... making the announcement late last week. "As Kofkin Bond & Co continually expands as a multi-faceted and diverse financial services and consulting company, having someone of Matthew's caliber to help 'steer the ship' will be integral to our growth," ...

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... service, Bloomberg Valuation Service (BVAL), which provides daily price valuations for fixed income securities to financial services entities. The US watchdog found that roughly between 2016 to October 2022, Bloomberg failed to disclose to its BVAL customers ...

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... proposals regarding Statements of Advice (SoAs). Concerning the cost of advice, KPMG research commissioned by the Financial Services Council (FSC) found the average cost of providing comprehensive advice is $5335 per client. Some paraplanners believe ...

Government to close child sex abuser loophole in super

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... transparency to victims of their assets. In an interview with Sky News, assistant treasurer and minister for financial services Stephen Jones said: "We want to ensure that convicted child sex offenders cannot use superannuation - which was set up for ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... while also confirming the government has not scrapped super tax concessions. A spokesperson for minister for financial services Stephen Jones said the final report from the QAR will be released in the coming weeks. The final QAR recommendations, submitted ...