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Showing 1831 - 1840 of 4464 results for "October"

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
... assessed anti-money laundering and terrorism financing risks of its machines in July 2015 and subsequently in 2016 and October 2017, and determined the risks as "high." In January 2016, when AUSTRAC alerted CBA of potential money laundering activity ...

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
... a 'friend of the court' in these proceedings," the regulator said. When Provident Capital went into liquidation on 24 October 2012, more than 3000 Provident debenture holders were owed about $130 million. Provident's receivers (PPB Advisory) have estimated ...

CGA acquires Switzer, appoints new chief executive

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... respected brand in the retail investment market." Marty Switzer, who has been acting as Contango's chief executive since October last year, will now take on the role on a permanent basis. Contango chair Roger Amos said Switzer has "been responsible for ...

FSC honours life insurance industry talent

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
... developed in conjunction with mental health research organisation the Black Dog Institute. Since a training refresh in October 2017, AMP has seen about 600 financial advisers voluntarily undertake the training. "To have so many of our advisers proactively ...

Convicted SMSF auditor disqualified

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... confidence in the SMSF sector. ASIC will continue to take action where the conduct of SMSF auditors is inadequate." In October 2017, the Melbourne County Court sentenced Samarakoon to 29 months' imprisonment for working as a tax professional for a company ...

Advisers underprepared for cyber risk high-stakes

DARREN SNYDER  |  WEDNESDAY, 14 MAR 2018
... processes. This is a key finding in the latest industry survey from Kamino Cyber Security, a division of Midwinter. The October 2017 survey found 32% of respondents were aware of mandatory data breach notification laws which came into effect in February ...

Crunch time for limited MDA advisers

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... would terminate limited MDAs under Regulatory Guide 179. It now requires MDA providers to obtain a specific licence by 1 October 2018. Advisers should be careful not to fall into the trap of unknowingly operating outside the compliance boundaries or ...

MetLife expands retail life business

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
... saw default insurance premiums for 16 to 21-year-old members drop from $4.82 per week to $2.89 per week, effective 28 October 2017. All MTAA members meanwhile will see life and TPD premiums lower by 21% on average, while the level of default cover remains ...

Acadian appoints investments head from SSGA

ALEX BURKE  |  FRIDAY, 9 MAR 2018
... executive Andrew Hair said: "We're delighted to have JC and Zhe join the team. JC's been working in our Boston office since October so it's great to finally have him on the ground with us." "He has a strong quantitative background, and - importantly ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... deceleration, slowing to 2.1% from 2.5% in December and 2.9% in November 2017. Just as I scribbled on this page back in October 2017; "Faced with record high household debt, sluggish wages growth (zero real wages growth), rising utility costs, decreasing ...