Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 381 - 390 of 4124 results for "Conduct"

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... to members at specific life stages to offer relevant advice and support as they approach retirement. The fund will also conduct an ongoing analysis of engagement channels is being conducted to ensure the most effective ways to interact with members. ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The costs associated with the wealth giant's transformation and increased remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
Nine years on from its collapse, the former employee of stockbroking firm BBY has been sentenced to two years and six months after being convicted of aiding and abetting. ASIC alleged that Yat Nam (April) Yuen had facilitated the transfers of client ...

Recordkeeping breach costs RBC, BNY Mellon US$85m

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
RBC Capital Markets and BNY Mellon are among the firms that will collectively pay a whopping US$390 million ($589m) to the Securities and Exchange Commission (SEC) for recordkeeping failures. RBC Capital Markets will pay US$45 million ($68m) while BNY ...

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 ...