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Showing 1631 - 1640 of 6264 results for "DET"

Research on education standards and morals launches

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
Research that is aiming to determine how formalising educational and ethics requirements impact the moral development of financial advisers is calling for participants. The Western Sydney University is canvassing financial advisers to take part in research ...

Jobs to go at AMP Australia

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
With the leadership of AMP Australia's new chief executive Scott Hartley, the business will undertake a restructure which is likely to cost jobs. The Sydney Morning Herald reported that a source claimed 20% of all AMP Australia staff would be made redundant. ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
The Federal Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change. The case was brought by Equity Generation Lawyers principal David Barnden. ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
APRA executive director, superannuation division Suzanne Smith has warned superannuation funds that the regulator is looking out for toxic corporate culture and instances of misconduct. Speaking at the ASFA Spotlight on Risk and Compliance event, Smith ...

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation. The regulator said the charges relate to contraventions of sections 12DB(1)(g) and 12GB(1) of the ASIC Act and sections 64(1) ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
A former Sentinel Wealth financial adviser with a gambling addiction has been charged with stealing $3.3 million from clients. New South Wales Police confirmed to Financial Standard that Gavin Fineff was charged with 18 offences of dishonestly obtaining ...

Magellan retirement product nears launch

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
Magellan's retirement income product FuturePay will launch on June 1, the company said in this morning's ASX filings. Magellan Financial Group has been working on its retirement product since at least 2017. It has now scheduled a June 1 briefing ...

Research reveals factors influencing advice

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
A study which saw financial advisers providing advice for hypothetical clients found glaring inconsistencies in risk assessments, with suggestions an adviser's own circumstances can influence the advice provided. The data from Oxford Risk shows, when ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
While China continues to ramp up its attempts to bring Australia to heel through rhetoric, threats and measures limiting/banning imports of Australian products - from barley to lobsters to wine - into its shores, China remains our top export market. ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership. Victorian-based financial services provider and mortgage ...