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Showing 301 - 310 of 2650 results for "Practices"

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... Prudential Regulation Authority (APRA) has also increased the capital penalty over ANZ's non-financial risk management practices. APRA chair John Lonsdale said ANZ is "financially sound" but remains prone to managing non-financial risk. "Of the major ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... more likely to be at risk of serious financial hardship. ASIC will continue to take action where we consider business practices are designed to avoid consumer credit protections." In August, a spokesperson for ASIC confirmed to the AFR that Oak Capital ...

MUFG brings Proxymity to Australian clients

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... communication between our clients and their institutional investors," McKenna said. "This partnership aligns us with global best practices through increased transparency and efficiency, empowering our clients to navigate meeting complexities with greater ...

$3.5tn wealth transfer scares Aussie advisers: Natixis

MATTHEW WAI  |  MONDAY, 28 OCT 2024
... paired with the quality of advice review, and the digital advice revolution could change how advisers operate their practices in unpredictable ways," Watson said. "What's clear is that Aussies still need an adviser now more than ever, and keeping the ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... regulator is clamping down harder on super trustees' spending, saying it has identified "deficient" and "questionable" practices among funds. APRA deputy chair Margaret Cole has informed all RSE licensees that it will be intensifying its supervision ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... client capital." The charge forms part of the Korean Financial Services Commission (FSC) cracking down on short-selling practices following a market-wide review, with indictments being issued against global investment banks. In late 2020, the FSC tightened ...

My Dealer Services appoints head of strategy

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... more advisers to share our core belief that self-licensing is nothing more than removing a layer to allow advisors and practices to run the business their way, with the client front and centre of everything they do," Euvrard said.

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... advice licensees and support services business to Entireti and AZ NGA and offload its minority stakes in 16 individual practices. "The new partnership for our advice business in on track, with the completion of the transaction to occur before the end ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... Equities being our next enhancement," Constable said. He said that managed accounts are widely used in financial advice practices, but for a long time, the number of investment models practices can use has been limited, noting that many practices face ...

AMP Advice expands network

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... network. "Together with Entireti, we have the right scale and strength to deliver a high-quality professional service for practices like Stantins, helping them take advantage of the talent, expertise and experience offered by both organisations," Lawler ...