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Showing 321 - 330 of 3388 results for "Response"

Insignia denies yet another takeover bid

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... Financial has denied that it has received a takeover offer from global investment giant Brookfield Asset Management, in response to media speculation. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively weighing ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... enforceable undertaking will also force Sanlam to provide remedial action plans to ASIC and the independent expert. In response, Sanlam said it is "working cooperatively" with ASIC on the matter. "We will work with the appointed independent expert to ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... remains our top priority. We continue to make significant investments in our fraud and scam prevention, detection, and response."

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... this information easily accessible to our members, but we hope we won't be the last." The report outlined the fund's response times to complaints made directly to it and through the Australian Financial Complaints Authority (AFCA) amongst other things. ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... failings in the product manufacturing and investment management arms of the group, and the inadequacy of the regulatory response to the Dixon Advisory and URF matter. "Our members were some of the first to raise awareness of some of the problems at Dixon ...

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... its operations. AFCA said the work had redefined its approach to external dispute resolution. The Independent Review Response Program, launched in response to 13 recommendations of the 2021 Independent Review of AFCA undertaken by Treasury, was led by ...

Treasury reappoints 24 members to FSCP

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... are regulated effectively," Assistant Treasurer Stephen Jones said. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within the Australian Securities and Investments Commission (ASIC) as the ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... on the back of Trump's tax cut and tariff policies, placing pressure on shares," Oliver said. "A global trade war in response to Trump's threatened tariffs could add to this risk particularly in Europe and Asia. "Risks for the Chinese economy are high ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... rebate-driven fall in household electricity spending was offset by growth in other categories. Clothing and footwear rose in response to unseasonably warm weather and essential spending grew moderately with continued growth in rent, health, and education ...