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Showing 391 - 400 of 4124 results for "Conduct"

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 ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... of its new powers under the competition in CS reforms. These reforms permit ASIC to establish rules for the activities, conduct, and governance arrangements of CS facility licensees and associated entities. The consultation paper is seeking feedback ...

Eildon confirms talks with Trilogy

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... being made." "However, at this stage, discussions between Eildon and Trilogy are incomplete and Trilogy is continuing to conduct due diligence. No binding agreement has been reached on any such transaction with Trilogy," Eildon told the ASX. "Eildon ...

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... against any individuals who have not met the required standards and that the necessary steps are taken to ensure these conduct failures do not re-occur," Elliott said. "Importantly, we are not limiting our reviews and will address any conduct that is ...

Insignia Financial looks to slash redundancy entitlements

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2024
The Finance Sector Union (FSU) is calling on Insignia Financial to rethink a proposed overhaul of redundancy pay arrangements after the wealth manager tabled a plan to cut entitlements by more than half. The FSU is currently negotiating a new Enterprise ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... second was in late 2023 as corporate activity increased. ASIC said in both instances it acted quickly to address harmful conduct. ""Clean financial markets are essential for the financial wellbeing of Australians and fundamental to an efficient economy. ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... remediate super fund clients whose contributions weren't directed into a MySuper product when they should have been; this conduct has also led to Insignia Financial entering a court enforceable undertaking with APRA, also announced today. Finally ...