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Showing 1931 - 1940 of 10361 results for "Trust"

Australians prioritise financial independence: Research

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
According to new data, the nation is swapping out the dream of a white picket fence for the dream lifestyle and combating the cost of living with strengthening financial literacy. Insignia Financial released its inaugural Financial Freedom Report, conducted ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
Treasury is consulting on whether the Australian Financial Complaints Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A ...

Blackwattle Investment Partners debuts

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
Backed by some of Australia's wealthiest families, Sydney-based equities boutique Blackwattle Investment Partners is open for business. Blackwattle Investment Partners has launched with over six years of capital backing and plans for four fund launches ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... to wind up the unregistered managed investment scheme operated by Marco and AMS Holdings (WA) Pty Ltd, the AMS Holdings Trust, in 2020. The court heard that between February 2014 and October 2018 Marissen, who was employed by Marco as his executive assistant ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
Finalising new prudential standards, APRA is aiming to bolster banks, insurers, and superannuation trustees' resilience against future financial crises. APRA hopes the new standards will equip these financial entities with strategies to counteract threats ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... schedules and premium notices. ASIC said MLC Life has remediated $11.8 million to those impacted. "Customers should be able to trust that their insurer will pay the benefits promised to them and keep them properly informed if there are changes to their ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... charged. These systems were inadequate, and customers were let down. This misconduct represents a fundamental breach of trust between a customer and their financial services provider." AMP remediated over $5 million to the estates or representatives ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
Holding Redlich partner Luke Hooper says when it comes to AustralianSuper's recent intra-fund consolidation breach, it's likely the root cause lays in data entry. The recent case of AustralianSuper refunding 100,000 members it had held multiple ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... mortgage broker. "A finfluencer is a great centre of influence because they have put in effort and spent hours building up trust with their audience. When they refer an adviser, that adviser then gains that trust," Martin says. "Thirty-plus years ago ...

Insignia bolsters executive leadership team

ANDREW MCKEAN  |  THURSDAY, 18 MAY 2023
Insignia Financial has made several key appointments, naming a chief risk officer, chief member officer and head of superannuation. Insignia has appointed Anvij Saxena as chief risk officer and Anne Coyne as chief member officer. Saxena will take on ...