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Showing 171 - 180 of 3279 results for "Recover"

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
ASIC has instigated "urgent proceedings" in the Federal Court against Brisbane financial adviser Sunny Prakash and his many associated companies. The corporate regulator is investigating Prakash and his "related companies" - Principal Financial Services ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation which arose when the fund's private cloud was inadvertently deleted. In a brief statement to Financial Standard, APRA said it is "aware of the ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... has not paid the consumer in full in accordance with the determination, and the consumer has otherwise been unable to recover the compensation. AFCA is an independent, not-for-profit ombudsman service for the financial services sector. Its external dispute ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... "Cost of living spikes tend to be short term and that is manageable during the accumulation phase as there is time to recover. Retirement is different. It's about having a secure, regular income that allows you to enjoy your lifestyle," he said. ...

S&P/ASX200 tipped to hit 8300: VanEck

KARREN VERGARA  |  TUESDAY, 23 APR 2024
The S&P/ASX200 is set to rise nearly 10% to 8300 by the end of the year, VanEck predicts, as Australia will also continue to avoid the "most anticipated recession" that never happened. Australia's blue-chip stocks are poised to surge further after ...

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
The Federal Court ordered Prospero Markets to be wound up following an application by the corporate regulator. ASIC has been investigating Prospero Markets for non-compliance with its AFSL conditions and obligations as an OTC derivatives issuer. The ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... more if there is value," he said. State Street's latest Global ETF outlook also predicts that the active ETF segment will recover from its 2022 slowdown when flows sunk to US$1.4 billon. In 2023, flows leaped to US$6.3 billion. The Asia Pacific region ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
The Australian equity market is slightly overvalued following a strong rally, according to Morningstar's Q2 2024 outlook. The S&P/ASX 200 benchmark has climbed about 15% from its October 2023 lows to hover around 7800, signalling what Morningstar called ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
The joint managing director and co-founder of L1 Capital will take a medical leave of absence for three months. Mark Landau will take time off to undergo medical treatment for an early-stage treatable cancer, the fund manager announced this morning. ...

MetLife enhances employee benefits package

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024
... on people and on workplaces," MetLife said. "Offering leave that allows employees to manage symptoms and take time to recover, along with planning and education, is a complete approach to employee care. This ensures people have the right support, with ...