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| | | ... also made for big news. As we leave you with the year's top stories, the Financial Standard team wishes our readers a safe and happy holiday period; we look forward to bringing you the news in 2024! The top stories for 2023 were: 1) Renato Mota to ... |
| | | | ... company's social licence to operate. "Long-term investors want to support the companies in which they invest to be well-run, safe for their people, and have cultures that effectively prevent and address workplace sexual harassment," she said. "Prevention ... |
| | | | The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member ... |
| | | | Almost nine months on from a cyber breach that saw member data taken, the $14 billion super fund will have to contend with additional licence conditions as it looks to remedy "significant deficiencies" in its cyber controls. As first reported by Financial ... |
| | | | New research commissioned by the Council of Australian Life Insurers (CALI) shows the number of people receiving professional life insurance advice remains low, despite a third showing interest. The survey polled over 1000 Australian workers aged between ... |
| | | | ... of the other inclusions, like greater support for scaled advice, replacing the Statement of Advice, and the removal of the Safe Harbour steps, it said this second tranche has it reconsidering its initial support of the government's response. "We ... |
| | | | In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ... |
| | | | ASIC has identified a trend among some online trading providers, presenting high-risk investment opportunities to retail investors, a shift emerging amid the fluctuating market conditions and the decline in retail trading activity post-pandemic. In ... |
| | | | Financial advice businesses must supercharge their capabilities, expand their capacity, and scale up to reach and serve more Australians. According to AZ NGA's paper, titled Ready or Not? A guide to building a super firm, the industry's current ... |
| | | | ... trillion) of the top 100 assets owners in the world, listing Norges Bank Investment Management, China Investment Corporation, and SAFE Investment Company as the largest in terms of AUM. Sovereign wealth funds have a higher allocation to alternatives ... |
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