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Showing 11 - 20 of 291 results for "Pathway"

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... Stephen Jones said by better recognising the experience of long-serving financial advisers, the government is providing a pathway for experienced advisers to remain in the industry. "This means that new entrants will have the benefit of their experience ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... fair to judge that, at this stage, the economy is tracking in what the governor has previously described as the narrow pathway to a soft landing," they added. However, the pair said the path ahead remained unclear. "At the same time, we are still only ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... we allege here, is completely unacceptable," she said. "Debt management businesses are supposed to help people find a pathway out of debt, but instead, we allege, Solve My Debt Now signed customers up to a service that provided little to no financial ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
Commonwealth Bank's $1.2 billion bad advice remediation bill represented a small fraction of its whopping $10.2 billion profit, the full-year financial results show. The total customer remediation amounted to a huge $2.6 billion in the 2023 financial ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... plans to bolster the waning adviser population by looking at all levels of tertiary education so that there is a "logical pathway" to encourage students into the profession. "At the moment, there are two universities in Australia that are offering financial ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... the government on implementing the recommendations of the Quality of Advice Review, the legislation of the experienced pathway and many more." Abood also highlighted the FAAA's commitment to "re-growing" the profession with "major campaigns" to promote ...

Diverger acquires majority interest in private wealth firm

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
... growth ambitions, but which are constrained by various factors," Jacobsen said. "We talk to the principal and map out a pathway to growth and then look at investing capital and resources to support that growth. We are passionate advocates for the future ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... really well to other technologies used by advisers, and we're making sure we're nimble. We're moving down a pathway to leverage the strength of the bank, but also looking at opportunities and pathways to the way we think about the cloud ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
... showcase market leading sustainable land practices to farmers across multiple production and climate regions, offering a pathway to reduce their carbon footprint." The platform has secured The Glen, a 1200-hectare property near Delungra in northern NSW ...