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Showing 151 - 160 of 545 results for "Investigate"

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Among the changes announced this morning, AMP is putting an end to all Buyer of Last Resort (BOLR) arrangements at the end of the year and giving advisers the freedom to leave the network with their clients from 2022. As part of a new service model ...

No charges in AMP BOLR investigation

JAMIE WILLIAMSON  |  FRIDAY, 16 JUL 2021
ASIC's criminal investigation into AMP's fee-for-no-service conduct related to its Buyer of Last Resort Policy has wrapped up, with the regulator and Commonwealth Director of Public Prosecutions determining no charges should be brought. Under ...

Fostering the ageing workforce

ANNABELLE DICKSON  |  THURSDAY, 10 JUN 2021
More women entering the workforce later in life and Australians delaying retirement has led to the doubling of those aged over 55 in the workforce and they could offset adverse economic impacts, according to CEPAR. The Centre of Excellence in Population ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
National Australia Bank and its subsidiaries, including JBWere, are allegedly failing their anti-money laundering and counter-terrorism financing obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential ...

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
A former financial adviser that failed to consider his clients' best interests copped a three-year ban from the regulator. Brisbane-based Nathan Smith was a representative for MyPlanner Professional Services and Total Financial Solutions Australia. ...

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 ...

Superannuation consultant seeks new chief

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... the replacement. QMV said the restructure comes as it pursues international clients for its data quality solution Investigate. It will start with the United Kingdom. Vaughan's new role will focus on establishing the strategy for global expansion, with ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
... alternatives. Without changing the use of financial advisers or other distribution methods, the industry should thoroughly investigate consumer preferences for features/price trade-offs, and introduce simpler and cheaper product alternatives, the taskforce ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The former managing director of Global Merces Funds Management, which is now in liquidation, has been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
US Federal Reserve Bank of St. Louis president James Bullard's recent virtual presentation provided a timely venue for the Fed to push back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' ...