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Showing 3291 - 3300 of 28255 results for "NOT"

abrdn's Brett Jollie lands new gig

ELIZABETH FRY  |  MONDAY, 23 OCT 2023
... environment fund managers will need to run efficient business models and provide a strong value proposition to their clients. And not all fund managers will survive in this environment," he said in July. KONU's other partners include Grant Proctor, formerly ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... Complaints Authority (AFCA). AFCA's latest update details the systemic issues that plague financial services firms but does not name the organisations in its report. One unnamed life insurer blamed its old policy administration system for failing ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... clarify that it's frequently observed that, even though a client's existing SMSF might be managing the loan, many are not informed about the interest rate they are currently on. "This set-and-forget mentality could mean some clients are on a ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... a tax advisor to the Commonwealth Treasury and the Australian Board of Taxation. Accordingly, ASIC found that Collins was not a fit and proper person to provide financial services and that it was in the public interest to prevent him from working in ...

Alpine Capital launches in Melbourne

CHLOE WALKER  |  FRIDAY, 20 OCT 2023
Newly formed RE Capital Advisory has teamed up with stockbroking giant Wentworth Securities (Wentworth) to launch Alpine Capital, an emerging company advisor, stockbroker, and wealth management platform. The new team at Alpine Capital includes RE Capital ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... consumer lease, mortgage or guarantee or is proposed to be held jointly by more than one person. Secondly, the breach must not result in or be likely to result in any financial loss or damage to the client regardless of whether that loss or damage has ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... consistent with 2% inflation over time," he said. Turning attention to growth, Powell said to date declining inflation has not come at the cost of meaningfully higher unemployment. "A highly welcome development, but a historically unusual one," he commented. ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... In 2022, Grubisa was banned for four years after ASIC found she was claiming to hold AFS and credit licences that she did not. The licence for her company Master Wealth Control, which traded as DG Institute, was cancelled in 2021 on the basis that the ...

GCI establishes real estate arm

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
... security includes residential, industrial, commercial, and retail property as well as development sites. It currently does not offer construction loans. "Ultimately, our goal is to collaborate with borrowers to ensure a mutually beneficial journey toward ...

Netwealth to distribute private markets offering

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
Netwealth has entered a strategic partnership with New York-based fintech platform iCapital, broadening access to global private credit markets and hedge funds for financial advice firms and their wholesale clients in Australia. Netwealth managing director ...