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Showing 1881 - 1890 of 10117 results for "Financial services"

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
Mayfair 101 founder James Mawhinney has launched an appeal against his 20-year ban from financial services. Mawhinney is also appealing a $30 million penalty handed down in the Federal Court to Mayfair 101 for misleading advertising. "The events of ...

Citi alumna returns to strengthen superannuation offering

CHLOE WALKER  |  FRIDAY, 8 APR 2022
... alumna, has a wealth of experience across banking and asset management, with more than 25 years' experience in financial services. She previously worked in the bank's equities and trading business before moving to asset management, where she has held ...

Labor vows to review YFYS test

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2022
Appearing at an industry conference yesterday, the shadow minister for financial services and superannuation vowed to review the Your Future, Your Super (YFYS) performance test if elected, citing "unintended and negative consequences" for ESG investing. ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... insurance premiums which customers weren't liable to pay. The group also acknowledged it had failed to comply with financial services laws under the ASIC Act. Though of note, Westpac has not sold any consumer credit insurance products since 2019.

REI Super appoints to board

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
REI Super has added two financial services veterans to its board, with one joining as deputy chair. Geoff Peck and Craig Dunstan joined the super fund's board this month as independent directors, with Peck also appointed deputy chair. Peck has held ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
... breached its obligations as a financial service provider. The watchdog alleged Macquarie didn't ensure its financial services efficiently, honestly and fairly, and that the company made false or misleading representations of cash management promotions. ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The Financial Services Council (FSC) has released guidance to assist super funds and fund managers in divesting Russian assets. Despite superannuation funds only having a small exposure to Russian investments in the context of the $3.5 trillion superannuation ...

Border rule-breaking former adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
... of fraud. Now, the regulator has determined Babbage "lacks the honesty and integrity to participate in the financial services and credit industries". Effective March 11, Babbage is banned from providing financial services or engaging in credit activities ...

Superhero to offer Qantas points

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
In Qantas' latest financial services partnership, Superhero users can win a share of one million Qantas points. To enter the draw for the points, Superhero investors must have linked their Qantas Frequent Flyer number to their Superhero account ...

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... persistent gender pay gap. According to the Workplace Gender Equality Authority, the full-time gender pay gap in financial services in Australia is 26.9% while the gap for part-time workers is around 29.5%. On International Women's Day this year, the ...