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Showing 351 - 360 of 4090 results for "Conduct"

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... the test by uncovering if all members in the investment option are passing the test," he said. Bastiaans was prompted to conduct the research following a chat with the daughter of a client, who works in retail and is a member of an industry fund. The ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... branches. Fair Work Commission general manager Murray Furlong has also said that he's "deeply concerned" about the alleged conduct and commentary that organised crime has infiltrated parts of the CFMEU. He said that any alleged conduct involving ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... subsequently said the union had a "zero tolerance for criminality" and that any representatives found to have engaged in criminal conduct would be expelled. Since then, reportedly over 20 members, some of which have ties to organised crime, have been ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... has been likened to an "evolved version" of the APRA performance test. The joint framework, developed by the Financial Conduct Authority (FCA) in collaboration with the Department for Work and Pensions and the Pensions Regulator, would assess pension ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The role of a chief financial officer is "widely ambiguous," according to new research conducted by Monash University. The research suggested that the role has a range of conflicting expectations placed upon it, relating to digital transformation, leadership ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... Mercer to the Federal Court in early 2023 when it alleged that it made false and misleading statements and engaged in conduct that could mislead the public. A hearing held on 7 December 2023 saw ASIC urge the court to approve the total penalty of $11.3 ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... "adequate arrangements" to manage potential conflicts of interest. Hewish's ban, however, stemmed from his involvement in this conduct and his "fundamental lack of competence" and "cavalier attitude" towards his managerial responsibilities and legal ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... now satisfied that N.M. Super has completed the rectification work, including the remediation of members affected by the conduct dealt with by the CEU, in accordance with the commitments and timeframes set out in the undertaking. Nevertheless, APRA will ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
A new report has identified how financial advice firms can bridge the value gap for prospective clients to get them on their books. Netwealth's 2024 Advisable Australian research, conducted in partnership with The Lab Strategy, found the barriers to ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
Global Digital Finance (GDF) suggests that digital assets are becoming quite popular with institutional investors. Conducting a global survey of 100 executives, GDF found almost all participants (93%) have handled Bitcoin in some shape or form. Meanwhile ...