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Showing 241 - 250 of 1643 results for "Review of"

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... economy and spur crony capitalism," he said. Moreover, Bragg advocated that an FSI could facilitate a comprehensive review of payment systems, integrating economic and geostrategic considerations; scrutinise the sector's tax structures to ensure competitiveness ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
An extensive review of processes across superannuation trustees, financial advisers and advice licensees has found very little evidence that consumers are aware of how poorly Choice products they're in are performing, and that such underperformance ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... it is suitable for the unique objectives and circumstances of the individual," she said. In recent years, ASIC's review of SMSF advice uncovered inappropriate advice, adviser fraud and dishonesty to the detriment of trustees. Some cases have resulted ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... costs across the group. The company plans to further "optimise costs" in FY24. Iress also announced the completion of a review of its capital management strategy, focusing on sustainable earnings, debt and leverage reduction, reinvestment in research ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... retail consumer protections. Accordingly, the research, undertaken by PwC and Data Analysis Australia, called for a review of wholesale investor "individual wealth test" thresholds - net assets of $2.5 million or gross income of $250,000 per year in ...

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... local paraplanning services to financial planners and AFSLs, particularly Statement of Advice documents and the ongoing review of documentation. Advisers also use the paraplanning service to manage more complex plans or when backlogs hinder the delivery ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... practices in saying it expects investment governance processes to be sound. The regulator said it will conduct its own review of such practices, looking at the material unlisted assets exposures of a variety of large and mid-sized funds, it said. It ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... benefit of advertised loyalty discounts not being appropriately applied. Additionally, the regulator is conducting a review of the use of AI in the banking, credit, insurance, and advice industries. Longo stated that this review will provide a better ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... policies and financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic growth from 3.7% year-over-year in 2022 to 2.1% in the second ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... has selected a new administrator to replace Mercer, which has been providing its services for 14 years. Following a review of the $14 billion super fund's administration operating model in February 2023, NGS Super chose G​ROW Inc ​(GROW)​​, hoping ...