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Showing 1771 - 1780 of 34285 results for "Financial"

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ...

Otivo launches AI-powered advice tool

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
Otivo has launched a new AI-powered advice tool that will give Australians "licensed financial advice" named Ask Otivo. The digital advice platform said the two-way, real-time advice tool is Australia's first AI-powered platform that will provide personalised ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... customers also increased 151% to 191. Life Code Compliance Committee chair Jan McClelland said that compliance with financial hardship obligations remains critical to ensuring vulnerable customers are supported during periods of financial difficulty. ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
... are verified with smartphones. "The takeaway is clear. If we're serious about building an efficient and accessible financial system, championing tokenisation alone won't suffice. We must solve digital verification, too."

Adamantem Capital completes Mason Stevens acquisition

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... growth. "Against a backdrop of rapid growth in the wealth management sector, we provide unique solutions that offer financial advisers the ability to think differently about how they grow wealth for their clients," Yule said. "We look forward to working ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... bittersweet moment for the Qantas Super team, I am super confident that merging Qantas Super into ART is in the best financial interests of our members," Clancy said on LinkedIn. Qantas Super announced it was exploring merger options in September 2023 ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... and engagement with beneficiaries was often "ineffective and insensitive," reinforcing concerns previously raised by Financial Standard, including a case where Rest was accused of showing "zero compassion" to a family struggling to facilitate an insurance ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
A Queensland financial adviser has been banned by ASIC for failing to act in the best interests of his clients and failing to prioritise their interests. Grant Thomson is banned from providing financial services, controlling an entity that carries on ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... take control of your investment fees." The scheme allows members to contribute up to a maximum of $15,000 in any one financial year and up to a maximum of $50,000 across all years into their super fund to build a deposit when buying their first home. ...

WT Financial enters JV with Merchant Wealth

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
WT Financial Group has entered a 50/50 joint venture with Merchant Wealth Partners to invest in Australian financial advice practices. The newly established entity - WTL & MWP Investco (Investco) - intends to provide strategic growth capital to high-potential ...