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Showing 161 - 170 of 9909 results for "Financial services"

AI, operational failures key regulatory risks for ASIC in 2026

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
... financial sector, especially digital assets and fintech, due to rapid innovation by or for people unfamiliar with financial services. This increases potential for unlicensed advice to be provided, misleading conduct, and the exploitation of unclear regulatory ...

Former UGC adviser's appeal against ASIC ban accepted

MATTHEW WAI  |  TUESDAY, 27 JAN 2026
... after a successful appeal to the Administrative Review Tribunal. Milutin Petrovic was banned from providing financial services or performing any function within a financial services business for six years due to misconduct, including failing to uphold ...

'No benefit in switching super': AFCA finalises FSGA lead decision

RIDDHIMA TALWANI  |  TUESDAY, 27 JAN 2026
The Australian Financial Complaints Authority (AFCA) has determined inappropriate advice provided by Financial Services Group Australia (FSGA) led to one client's $200,000 financial loss. In December, AFCA said it received more than 1800 complainants ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... 2029. Justice Bromwich said the sentence also considered a further offence that Forrest provided unlicensed financial services as an investment funds manager to two entities over a nine-month period. "This was serious and pernicious offending. Mr Forrest... ...

Perpetual staffer lands CIO role

ELIZABETH FRY  |  THURSDAY, 22 JAN 2026
... has appointed a Perpetual investment professional as its new chief investment officer. Eddie Lee has quit the financial services giant and will join Allied Wealth at the beginning of February. Lee has over 12 years of experience in investment strategy ...

Shadow Minister for Financial Services Pat Conaghan resigns

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
Shadow Treasurer and Minister for Financial Services Pat Conaghan has resigned from the shadow ministry, effective immediately. Conaghan has been very outspoke on the collapse of Shield and First Guardian and a vocal critic of ASIC's handling of ...

bfinance names new managing director, insurance lead

ELIZA BAVIN  |  THURSDAY, 22 JAN 2026
... represented a key growth driver for the firm in recent years. Rastogi brings more than thirty years of experience in financial services, with almost twenty years in the specialist insurance investment field. His previous insurance investment leadership ...

Alexis George to retire, new AMP chief named

JAMIE WILLIAMSON  |  TUESDAY, 20 JAN 2026
... her successor. George will retire from executive roles on March 30, bringing to an end more than 30 years in financial services. George joined AMP in August 2021, tasked with cleaning up the wealth giant following the Royal Commission and subsequent ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
The Australian Financial Complaints Authority (AFCA) has finalised its review of MWL Financial Services' lead decision, confirming the business, which is in liquidation, did not act in the complainant's best interest. In December, AFCA unveiled the ...

First batch of specialist advisers graduate SMSFA program

RIDDHIMA TALWANI  |  FRIDAY, 16 JAN 2026
... participants, helping them succeed in a busy professional environment," Burgess said. Cutcher & Neale Accounting and Financial Services client adviser Roshan Roy was amongst the first to complete the new-look accreditation course in 2025. "Completing ...