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Showing 1751 - 1760 of 12243 results for "ASI"

Abolishing FDSs a major win: Panel

KARREN VERGARA  |  TUESDAY, 16 MAY 2023
The Quality of Advice Review's recommendation to abolish Fee Disclosure Statements would be a major win for financial advisers as many continue to grapple with providing accurate documents to clients. The Financial Advice Association Australia general ...

Ariel Investments launches EM portfolios in Australia

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
Ariel Investments is launching its first dedicated emerging markets offerings to local institutional investors. The Ariel Emerging Markets Value and Ariel Emerging Markets Value ex-China portfolios will be led by chief investment officer of emerging ...

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
Former Telstra boss Ziggy Switkowski has been picked to lead an independent review of the firm and its own Tony O'Malley has been appointed chief risk and ethics leader amid the ongoing tax crisis. The independent review, originally announced last ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ...

Ex-Vocus chair indicted for insider trading

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Former Vocus chair Vaughan Bowen has been indicted on two counts of insider trading relating to the EQT Infrastructure IV Fund's proposal to acquire Vocus. ASIC alleged that Bowen traded over five million Vocus shares in June 2019 while in possession ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Super Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. Last week ...

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
The regulator has started civil proceedings in the Federal Court against the insurer after alleging it issued three types of insurance policies containing unfair and misleading contract terms. ASIC said the case involves standard form contracts issued ...

Tishman Speyer, Raffles Family Office launch APAC fund

CHLOE WALKER  |  FRIDAY, 12 MAY 2023
Global property developer Tishman Speyer and Singaporean-based Raffles Family Office (RFO) have established a new partnership to launch the Tishman Speyer/Raffles Family Office APAC Opportunity Fund I. The fund will target value-add and opportunistic ...

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
Financial advisory managing partner Pete Calleja and chief strategy, risk and reputation officer Sean Gregory have stepped down amid the firm's tax scandal. Calleja and Gregory will remain at PwC but have exited their senior roles and the executive ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
Piper Alderman and Omni Bridgeway have filed their class action against IG Markets, representing investors that lost hundreds of millions trading contracts for difference (CFDs). In October 2022, the two firms said they were planning an action against ...