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Showing 201 - 210 of 3234 results for "Employee"

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
AMP has finalised its divestment of three licensees and support service business to Entireti and AZ NGA as the new owners unveil a revamped leadership team. Some 950 advisers across AMP Financial Planning, Hillross, and Charter Financial Planning now ...

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
Financial advisers are increasingly looking to artificial intelligence (AI) to improve their processes and documentation, but experts warn they must exercise a degree of caution and ensure that anything it produces complies with regulation. A whopping ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
The UK's Financial Conduct Authority (FCA) has fined Macquarie Bank's London Branch (MBL) $25 million (£13m) for enabling one of its employees to record over 400 fictitious trades over a 20-month period. The fictitious trades also cost MBL an estimated ...

CI Financial taken private by Mubadala Capital

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
CI Financial, which owns most of GSFM, is being acquired by Mubadala Capital, a subsidiary of the United Arab Emirates' sovereign wealth fund. CI Financial, which is listed on the Toronto Stock Exchange, will be taken private by Mubadala Capital in ...

Work-related training boosts pay and productivity: CEDA

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... for employees and employers alike for enabling career progression and higher wages for the former and higher levels of employee engagement and productivity for the latter. "The time and money devoted to training underline its economic importance. We ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... paid," she said. "Our action against employers who aren't complying with super guarantee obligations helps to protect employee's superannuation and ensure a level playing field for all businesses." Currently, employers must pay SG contributions into ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... representing Australians of various ages, and representing relevant sector bodies within superannuation and broader employer and employee organisations. The purpose would be to build a comprehensive framework to unify and guide the nation's approach ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
CareSuper and the Meat Industry Employees' Superannuation Fund (MIESF) are exploring the viability of a merger. The two funds have entered a Heads of Agreement and commenced a due diligence process. It comes hot on the heels of CareSuper completing ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... impressive hires in support of its internalisation program, such as head of equities Mark Hargreaves, Morningstar said employee retention is now a watchpoint given some key departures in recent years and the fact it takes several years for new hires ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
ASIC warned it will turn up the heat on superannuation funds by adding new enforcement priorities and flagging that it will hold directors on trustee boards to the same standards as those in big companies. While the corporate regulator heightened its ...