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Showing 11 - 20 of 629 results for %22UK Financial Services Authority%22

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
The "shocking" prevalence of sexism and misogyny in the UK's financial services sector has led a government committee to recommend a raft of reforms. On International Women's Day, the UK government's Treasury Committee released Sexism in ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... fighting to deliver exactly this, especially when I see anti-competitive behaviour." Hostplus said in a statement to Financial Standard that it "has not advocated for a ban on workforce management platforms and any suggestion otherwise is false". However ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... joined in January 1998. A familiar face to many, Dunnin is known for his no-nonsense insights on Australia's financial services industry, particularly superannuation. Over more than three decades in the sector, he could always be relied on to tell it ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... until at least 8 April 2024 to do so. "They have 'at least' until 8 April 2024 because the Australian Financial Services Licence (AFSL) held by Dixon Advisory was cancelled by ASIC on 5 April 2023," Mackay Chapman executive counsel Matthew Kennedy ...

Jo-Anne Bloch to chair CSLR

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... Compensation Scheme of Last Resort (CLSR). The scheme, which officially kicks off on April 2, aims to give victims of financial services misconduct access to redress and compensation. Bloch, who was independently appointed by assistant treasurer and ...

ESSSuper welcomes strategy lead

ELIZABETH FRY  |  FRIDAY, 23 FEB 2024
... deVries spent the same amount of time at UniSuper as a marketing intelligence manager. During her career in the financial services industry, she has worked with Bank of New York Mellon, Advance Funds Management, Perpetual Trustees, and AXA. ESSSuper ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
Sequoia Financial Group reported an "abnormally high" net profit after tax (NPAT), coming in 4317% higher than the prior corresponding period. However, it also flagged "several" complaints to the Australian Financial Complaints Authority (AFCA) that ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
Compensating Dixon Advisory and Superannuation Services (DASS) victims continues to eat up the Australian Financial Complaints Authority's (AFCA) time and resources, so much so that a "lead decision" has been published to expedite the process. The complaints ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... in relation to death benefit claims handling. "We are aware of a significant increase in complaints to the Australian Financial Complaints Authority about extreme processing delays for death benefit claims, among other issues, leading to additional distress ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... is designed to consider the impact of these regulations on the Australian economy, the integrity and stability of the financial system, and the competitive landscape of CS services. It mandates that the minister must consult and consider advice from ...