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Showing 301 - 310 of 2980 results for "Problem"

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
The Administrative Appeals Tribunal (AAT) has supported ASIC's decision to cancel the AFSL of Olive Financial Markets Pty Ltd (Olive). Between 2013 and 2018, Olive operated both a managed discretionary account (MDA) service and a superannuation rollover ...

Adviser salaries to jump in 2023: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
It's no secret that Australia has a shrinking pool of financial advisers but 2023 could be a lucrative year for those left in the game. According to Kaizen Recruitment, adviser salary guides have increased year on year by around 16%. "A senior adviser ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... having self-reported this breach to us, we are calling on all remaining life insurers to 'review to ensure' that this problem does not extend to them, she said. Chester added: "If it does, we expect life insurers to find and fix system problems and follow ...

Global pension report reveals flight to safety

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
... security issues and costs are key technology issues for over 50% of GPFs. Better use of data lies at the heart of the problem. More than 80% of funds state that building or improving internal data management systems are their main data priorities over ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
Barrenjoey has launched a new social purpose portfolio management company, Community Capital, with a cornerstone investment from Australian Retirement Trust. The Community Capital Credit Fund has been founded by Barrenjoey and Laurence Marshbaum, a ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... advice can make a difference and want to access it. "But if the vast majority face barriers, it signals that there is a problem with the system," she explained. "Advice isn't just for the wealthy, it can improve financial outcomes no matter what you ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... regulate when things go wrong, we expect to see questions being asked and answered internally by these entities well before a problem arises and APRA comes calling," Bingham said.

Advising through disability implications

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
... diagnosing and prescribing medications and managing issues to be a functional impairment specialist. "And that is the problem - you get an independent medical report that outlines the diagnosis and medication, but it may not comment on the client's ...

Advisers must register for FSCP: ASIC

CASSANDRA BALDINI  |  THURSDAY, 24 NOV 2022
Appearing at the FPA Congress today, ASIC senior executive leader Leah Sciacca explained that all financial advisers will need to register with the ASIC Financial Services and Credit Panel, in addition to being registered on the Financial Advisers Register. ...

'Our fears were warranted': Chant West proposes YFYS alternative

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... positions to protect against downside risk when markets were strong, only to be penalised under the current test. The same problem would inevitably occur for retirement income products," Chant West said.