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Showing 281 - 290 of 581 results for "ProActive"

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
ASIC has approved changes to the Australian Financial Complaints Authority rules for legacy complaints. The ASIC approval gives effect to the AFCA authorisation condition introduced by the government earlier this year. Under the government's additional ...

AUSTRAC zeroes in on Afterpay

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
Tech-darling Afterpay is feeling the regulatory heat after AUSTRAC ordered an audit of the fintech's compliance with Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF) laws. AUSTRAC said an external auditor will examine Afterpay's governance ...

New AI innovation for Praemium

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
Praemium announced new platform functionality to provide financial advisers with knowledge and insights to enhance client engagement, using artificial intelligence. The innovation uses data science and technology to examine client behaviour patterns ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... Announcer Group managing director Andrew Rocks. "If the government wants its voters to be lifters not leaners then the proactive should be rewarded," he said in a LinkedIn post. "It's called long-term thinking; just imagine if we embraced this concept ...

Retail clients win under new ASIC powers: Lawyers

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
ASIC's new intervention powers - which ultimately aim to protect retail clients - will impose significant regulatory and compliance obligations on product issuers and manufacturers, lawyers warn. A white paper by law firm Hall & Wilcox highlights the ...

AFCA seeks to strengthen leadership

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... "Appointing the key senior roles of deputy chief ombudsman and general counsel will ensure AFCA is able to deliver a fair, proactive and customer-focused dispute resolution service in a rapidly changing, complex operating environment." Locke said AFCA ...

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... hasn't requested a direct payment or for it to be rolled over to a fund of their choice. The ATO said it would begin proactive consolidation from November and notify individuals once their unclaimed super had been consolidated. Separately, the tax office ...

Super fund divests companies with all-male boards

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
A growing superannuation fund has become the first to divest from every company in its portfolio that has an all-male board. Future Super has sold out of all companies that do not include a single woman on their board, saying they are not only failing ...

Westpac profits down 24%, dividend flat

KANIKA SOOD  |  MONDAY, 6 MAY 2019
Westpac profits plunged 24% in the first half to $3.13 billion, as cash earnings fell across four of the group's five business divisions. "This is a disappointing result reflecting weaker business conditions and the bank dealing decisively with outstanding ...

Stewardship lessons from BlackRock

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
A new report has drawn insights from BlackRock and five other giants to identify five catalysts that could speed up stewardship among asset managers. Willis Tower Watson published a paper summarising research on six large asset managers who collectively ...