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Showing 191 - 200 of 475 results for "Discover"

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA's handling of NAB and AMP fee for no service scandals were in the spotlight as chairman Wayne Byres was asked about the regulator's superannuation work in the final hours of the Royal Commission's public hearings. The prudential regulator reviewed ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
Latest research from Macquarie University uncovers flaws in the use of balanced scorecards to determine remuneration. It comes as Australia's biggest bank bosses face the Royal Commission. According to researchers from the university's Applied ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
More investors are turning to fixed income ETFs as a way to finetune their bond portfolios. Karren Vergara finds out what is driving the demand and why this new wave of defensive ETFs is here to stay. Recalling the sharp market correction that stung ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
The Financial Planning Association of Australia slapped a $50,000 fine on former member Sam Henderson for breaching its professional code of conduct nine times. The FPA's independent disciplinary body, the Conduct Review Commission (CRC), determined ...

Former adviser jailed, ASIC posts FY18 stats

KARREN VERGARA  |  THURSDAY, 1 NOV 2018
A former Professional Investment Services financial adviser has been jailed for dishonesty following an ASIC investigation. The former PIS financial adviser and representative Satvir Singh Birk was sentenced to two-and-a-half years' imprisonment ...

BennBridge boutique launches small caps fund

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
A boutique under Bennelong Funds Management's UK business BennBridge has launched a new fund that will invest in UK small caps. Tellworth Investments LLP is starting the new fund LF Tellworth UK Smaller Companies Fund, which will hold 40-60 stocks. ...

ASIC slams unacceptable reporting breaches

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
Major institutions take about five years to identify significant breaches while remediating some customers takes even longer, an ASIC review of breach reporting obligations found. In Report 594 released overnight, the big the institutions took 4.5 years ...

Philanthropic sector advocates transparency facelift

DARREN SNYDER  |  MONDAY, 10 SEP 2018
... unimagined ways." Users will be able to see funding trends, identify who else is funding in their areas of interest, and discover potential new partners for collaboration. Searches can be made by grant, grant-maker and grant recipient location. Grants ...

Former MyPlanner adviser fails best interests test

JAMIE WILLIAMSON  |  WEDNESDAY, 5 SEP 2018
The corporate regulator has accepted an enforceable undertaking from a former MyPlanner financial adviser for failing to act in the best interests of his clients. Wollongong-based adviser James Phillip Allen is prohibited from providing financial services ...