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Showing 271 - 280 of 2024 results for "Application"

Banned adviser told to stay put

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... leave or attempt to leave Australia. Interim travel restraint orders were made on June 11 following the regulator's application. The orders, made on an ex parte basis without Ridgway's presence, require him to deliver his passport to the Brisbane Registry ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... underpaid nearly 16,000 employees between May 2014 and March 2022. The issue stemmed from the bank's inconsistent application of the 'Rostered Employee' clause in its Enterprise Agreements. The blunder affected both current and former employees in Suncorp's ...

Advice regtech acquires TIQK assets

KARREN VERGARA  |  WEDNESDAY, 7 JUN 2023
... processing technology. Fourth Line chief executive Joel Ronchi said that the acquisition includes a suite of micro-application software specific to advice assurance, AI code, integration tools, and rules-based algorithms. Regtech TIQK went into liquidation ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... borrowers were sticking to variable rates throughout the year. This trend continued in May. "Mortgage Choice home loan application data shows that over the month, 93% of borrowers chose variable rate home loan products, compared to just 7% who fixed ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
Brisbane-based financial adviser Stephen Vick received the ban for recommending his clients roll over their existing superannuation to a newly established self-managed superannuation fund (SMSF) and borrow to invest in residential property. The regulator's ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
... like 'carbon neutral', 'clean' or 'green', that aren't founded on reasonable grounds"; "overstatement or inconsistent application of sustainability-related investment screens"; and "the use of inaccurate labelling or vague terms in sustainability-related ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... Currently, it maxes out at 10 million trades per day. ASIC pointed out that CHESS requires further stakeholder testing and application or infrastructure changes before it is fully replaced. "As CHESS is a legacy technology there is a risk that some IT ...

AI in ESG: Risk or opportunity?

ROSE MARY PETRASS  |  MONDAY, 5 JUN 2023
... regulation and universal controls. It's important that ESG risks are adequately considered in the development and application of AI, and critical frameworks like regulated rules and guidelines will be important to manages those issues." Cairns said ...

Frontier overhauls research function

ELIZABETH FRY  |  FRIDAY, 2 JUN 2023
... consultant said. "Assessing this wide group of strategies across many markets requires specialist knowledge as their application across client portfolios requires bespoke thinking. Frontier explained that in response to recent resignations and to bolster ...

Zurich, InterPrac, Sequoia back pro-bono advice

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
The Pro Bono Financial Advice Network (PFAN) has joined forces with Zurich Assure, InterPrac and Sequoia to deliver pro bono advice to individuals living with personal health issues. Through the partnership, the financial institutions will work with ...