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| | | ... integration may require a certain level of scale," Japanese sector analyst Noriyuki Takizawa said. "Larger players may therefore seek consolidation to strengthen their AI implementation capabilities. Overall sector valuations are meaningfully cheaper ... |
| | | | ... to help and earlier activation of engagement and lower cost-to-serve. Most digital tool users indicated they are likely to seek full professional advice about retirement adequacy and investments in the future. Among pre-retirees aged 55 to 59, digital ... |
| | | | ... capital to play a larger role in the secondary market as investors, especially those in the high-net-worth space, increasingly seek flexible, long-duration vehicles that are easy to access with reduced administrative burdens." Smith agrees about the ... |
| | | | Treasury is seeking feedback on draft legislation that would give the Tax Practitioners Board (TPB) stronger regulatory powers and enable greater sanctions. The draft legislation proposes to introduce criminal penalties for unregistered tax return preparers ... |
| | | | ... sale of Interprac needs to be approved by Sequoia shareholders or not. Under ASX Listing Rule 11.2, a listed entity must seek the approval of shareholders where it is making a significant change that involves disposing of its "main undertaking", referring ... |
| | | | New AMP chief executive Blair Vernon has sought to allay shareholders' fears about the wealth firm's deteriorating share price, saying external factors do not reflect strong financial performance and fundamentals. At his first annual general ... |
| | | | ... higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed by a consultation to seek feedback on the taxation regulation for Division 296. Contributing to the consultation, the Institute of Financial Professionals ... |
| | | | ... Interprac, it said if the sale were to go through, the new owner "may elect to withdraw or accelerate the AFCA determinations and seek to mediate with ASIC regarding its separate actions as Sequoia had planned to do." Further to ASIC's action, Sequoia ... |
| | | | ... Treasury said, adding that advice fee deductions also create risks for members by creating a pool of funds which bad actors may seek to target. For platform trustees, Treasury is planning potential changes that include imposing mandatory holding limits ... |
| | | | Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ... |
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