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Showing 2121 - 2130 of 17954 results for "Bank"

Australian Ethical adds to investment committee

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... management at Hastings Funds Management and, prior to that, managing director of Debt Capital Markets at Westpac Institutional Bank. He now sits on several investment committees and boards across funds management, infrastructure, and insurance. Commenting ...

3000 advisers left industry last year

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 APR 2022
More than 3000 financial advisers left the industry in the last 12 months, according to Rainmaker's most recent analysis of the ASIC Financial Adviser Register. The number of ASIC-registered financial advisers decreased 15% through the 12 months to ...

ASIC imposes travel restraint orders against ex-director

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
ASIC has obtained interim travel restrain orders against Mark Francis McCabe, a former director of Guevara Capital Access and Online Trading Capital. ASIC applied for these orders because it is concerned that from 31 July 2014 and ongoing, McCabe may ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
After questioning from Senator Andrew Bragg at Senate estimates, prudential regulator APRA shared it has done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... advertised in newspapers, on websites and via Google search advertising, when potential investors searched for terms such as 'bank term deposits' and 'best term deposit'. In December 2021, the court ordered Mayfair Wealth Partners to pay a $10 million ...

VFMC,CFA Societies combine to attract more women into investing

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
Victorian Funds Management Corporation (VFMC) and CFA Societies Australia have joined Future IM/Pact - an industry campaign building a pipeline of future female investors. The new partners join as Future IM/Pact expands into the early career segment ...

Citi alumna returns to strengthen superannuation offering

CHLOE WALKER  |  FRIDAY, 8 APR 2022
The former head of institutional at Pendal has been named senior relationship manager and will join the bank's Markets function with a focus on asset management and the superannuation sector. Nicki Ashton, a Citi alumna, has a wealth of experience across ...

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. ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
APRA chair Wayne Byres has espoused the importance of getting the Australian regulatory balance right with a clear plan, flexible approach and coordinated response. In a speech to the American Chamber of Commerce in Australia, Byres said that global ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... insurance to be a poor value product that leads to poor outcomes for consumers." "The sale of these products benefited the bank and not the consumer." Court added: "ASIC has secured $270 million in remediation across the sector for consumers harmed by ...