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Showing 211 - 220 of 1127 results for "Notice"

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
Morrison Securities (Morrison) has paid a penalty of $333,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). According to the MDP, Morrison contravened the ASIC Market Integrity Rules on six occasions between October ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... training, supervision, counselling or reporting; and suspend or cancel registrations. It can also issue an infringement notice or recommend that ASIC apply to the court for a civil penalty.

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
Insignia Financial and OnePath Custodians will pay $1.5 million for failing to direct member contributions to a MySuper product. APRA has fined OnePath Custodians $1.46 million after it was made aware 125 default member contributions were not directed ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... annual leave loading, public holiday loadings, minimum rate of pay, long service leave, redundancy, payments in lieu of notice, meal allowances, and superannuation were all impacted. Following an internal review of pay and leave practices, along with ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... very curious about an Act that has that failure built into it," Pocock replied, allowing O'Neill to take the request on notice. Pocock later levelled questions at de Cure in relation to the two former PwC partners who sit on the board, claiming the board ...

Investors flock to conservative ETFs: Podcast

CASSANDRA BALDINI  |  THURSDAY, 25 MAY 2023
Stockspot founder and chief executive Chris Brycki says the global macroeconomic backdrop has shifted investor trends, causing an uptake in conservative ETFs. Investors have faced varying challenges over the past 12 months and, speaking on the latest ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
MLC Life will pay $10 million, in addition to $12 million in remediation, for failing to pay promised rehabilitation benefits. The life insurer was penalised by the Federal Court after it was found guilty of several breaches of the ASIC Act, the Corporations ...

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
... retire from the partnership at the end of September following his involvement in the scandal. Last week Seymour gave his notice after confirming he was one of the firm's senior leaders looped into emails which highlighted "the marketing approach ...