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Showing 151 - 160 of 2037 results for "Application"

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... incident, the FCA has banned Klein from the financial services industry; he would have been subjected to a fine if his application for serious financial hardship had not been successful. Klein initially worked in the same division in Sydney from August ...

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
Insignia Financial has completed the separation of MLC from NAB, transitioning the MLC MasterKey and Plum registries. Insignia Financial has transferred 700,000 MasterKey and Plum accounts, 55 systems and applications and more than 100 terabytes of ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
Following its recent action against Cbus, ASIC has warned all super trustees to ensure they are processing death benefit claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC has put super funds on notice ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
The Australian Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support ...

Major themes impacting systematic investors

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... enabling investors to build more holistic and integrated multi-asset allocation models. However, the study said the application of systematic strategies to less liquid assets can create challenges, particularly as liquidity constraints rank as top considerations ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  TUESDAY, 12 NOV 2024
... projects over the past decade. As for financial strains, data and feedback from the Perpetual IMPACT Philanthropy Application Program, which connects philanthropists and not-for-profits, has pointed to a gradual rise in operational costs, with salaries ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... money. Instead, ASIC alleges, the loans were really intended for individuals but Oak Capital was eager to avoid the application of the National Credit Code. The loans totalled more than $37 million and were made between March 2019 and October 2023. ASIC ...

TAL names retirement and wealth lead

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
... said it will streamline and significantly lower the mandatory medical testing rate for new customers through direct application or an adviser.

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
Cbus has made several senior staff redundant in pursuit of its growth strategy. The $94 billion industry fund has let go of its head of compliance, acting head of brand and marketing, head of marketing, communications, and insights, head of strategy ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
The regulator's inaugural report on use of artificial intelligence by licensees found instances of artificial intelligence (AI) use that was at risk of being at odds with their regulatory obligations. ASIC reviewed more than 600 AI use cases across ...