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Showing 3671 - 3680 of 28255 results for "NOT"

New inquiry targets audit sector following PwC scandal

CASSANDRA BALDINI  |  FRIDAY, 23 JUN 2023
... and Financial Services, Senator Deborah O'Neill advised the inquiry will review Australia's big four auditors, but not solely. "I advise that the committee has initiated an inquiry into the regulatory, technical, legal settings, and broader cultural ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
... Again, this caused significant price variations in the relevant securities that were unreasonable in the circumstances and were not caused by ordinary market events. The MDP characterised Morrison's conduct as being at the high end of "careless". ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... to show clients were receiving the services they'd paid for. Gregory Blackaby, formerly of Acquire Strategic Advisers, did not keep adequate and timely records to show he had provided clients with services they were entitled to under ongoing service ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... called upon the expertise of the Financial Services Credit Panel, which handed down its inaugural determination. The panel did not name the person under investigation, other than calling him "Mr. S", saying that the adviser impersonated a client during ...

Super funds ready to offer advice: Podcast

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... other third parties that can supply those services." Developing a sustainable and affordable intra-fund advice offering might not be tough for funds that have gained scale through mergers and acquisitions, but for those on the smaller side it could prove ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
Reserve Bank of Australia (RBA) governor Phillip Lowe will learn his fate next month following a government consultation on his possible reappointment. Lowe's current term is set to end in September and the government intends to consider the appointment ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... visiting any of its offices. PBI provides its services to thousands of organisations around the world, with CalPERS saying it is not the only client of PBI's to have its data accessed. At time of publishing, PBI has not commented on the matter.

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Bringing an end to years of speculation and sales discussions, Westpac will retain its platforms business, saying it intends to "aggressively compete" in the space. Despite having carried out a lengthy and competitive sales process, Westpac is going ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... follows a recent review of the products and was deemed to be in the best interests of investors. It also said the decision is not related to the stop orders issued by ASIC earlier this year in relation to "broadly drafted" target market determinations ...

Aussie small caps, property funds in the red

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... cash equivalents. Some of its star performers are Appen, Mader Group, Supply Network, Bravura and Ainsworth Games Technology. Not far behind Spheria was Ausbil's Australian Small Cap Fund, which handed in 31.2% p.a. for the three-year period. Perpetual's ...