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Showing 251 - 260 of 1901 results for "Authority"

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... having done so we are of the clear view that the grounds of appeal were sufficiently meritless to warrant, on accepted authority, the making of an order that the respondent's costs of and incidental to the appeal be paid on an indemnity basis," the court ...

Pollaers to chair AFCA for another three years

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
John Pollaers will continue as chair of the Australian Financial Complaints Authority (AFCA) for another three years. Pollaers, who has served as the independent chair of AFCA for the past three years, has been reappointed to the position. This second ...

Hostplus rejigs Maritime Super insurance

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... months, likely delaying financial support. Notably, in the 2023 financial year, the Australian Financial Complaints Authority received over 2500 complaints about group insurance through superannuation and noted in its annual review that complaints about ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... lender's response, make a complaint and, if that doesn't resolve the issue, contact the Australian Financial Complaints Authority." ASIC said lack of awareness and emotional barriers were holding Australians back from asking for help when they need it. ...

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... among all asset management firms, ranked sixth in brand value to assets under management ratio." Abu Dhabi Investment Authority came out on top for brand strength, scoring 63.9 out of 100. PIF had the second strongest brand at 62.1 and Qatar Investment ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
The Australian Financial Complaints Authority (AFCA) is set to kick out Dixon Advisory & Superannuation Services (DASS) as a member over the next few weeks. AFCA announced on May 28 that the administrator of DASS has 21 days to reply to the proposal. ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... believes that Everest will likely contravene its obligations as an AFS licensee in the future. Under the AFSL, Everest had authority to advise and deal in managed investment schemes. "Under the Corporations Act, ASIC may suspend or cancel an AFS licence ...

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... doling out advice on trading complex financial instruments without proper authorisation. The UK's Financial Conduct Authority (FCA) alleges that between 9 May 2018 and 13 April 2021, Emmanuel Nwanze and Holly Thompson (also known as Holly Zucchero) ...