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| | | ... management. The additional licence conditions follow APRA's recent thematic review of the investment governance, strategic planning and member outcomes practices of superannuation trustees that offer platforms. "Broadly, the review identified deficiencies ... |
| | | | AMP's investment platform North is launching a digital capability to enhance efficiency and client engagement. The North Interactive Wealth portal has been designed to assist advisers to increase capacity and deliver greater efficiency when engaging ... |
| | | | ... performance of the group's core business units," Sequoia said. ASIC is currently suing Sequoia's subsidiary Interprac Financial Planning, alleging its financial advisers provided thousands of Australians poor financial advice and put their retirement ... |
| | | | Centrepoint Alliance said it expects strong momentum to push its core profit to the top end of its guidance of $11.5 million to $12 million for the full year. The financial services firm forecasts EBITDA for H1 FY26 at $6 million, a 13% jump in earnings ... |
| | | | ... is likely to continue to gather momentum. "An important feature of this is the private sector recovery that we've been planning for and preparing for, which is really starting to take shape," he said. "The mid-year update forecasts a further pick up ... |
| | | | ... proven ability to build high-performing teams, design best-in-class investment processes and executive seamless succession planning," she said. "Since joining the MFF group, Gerald has been responsible for overseeing the development of our internal investment ... |
| | | | ... operations and data and technology services. After joining the super fund in 2020 as head of technology, strategy and planning, Backeberg was appointed chief technology officer in 2022, where he was responsible for the strategic technology roadmap, integrated ... |
| | | | ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ... |
| | | | ... clients. The AMP commissions and insurance class action was commenced in the Federal Court of Victoria against AMP Financial Planning (AMPFP), Charter Financial Planning (Charter), Hillross Financial Services (Hillross), AMP and Resolution Life Australasia ... |
| | | | Diversa Trustees said it will be "vigorously defending" ASIC's allegations about the role it played in moving $300 million of member money to the failed First Guardian Master Fund, arguing the managed investment scheme was "fraudulent." ASIC has ... |
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