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| | | ... Each day, an average of 20 scam websites are removed, ASIC said. ASIC deputy chair Sarah Court said that despite the organisation's best efforts to eradicate the risk, scammers still pull billions of dollars from "hard-working" Australians. "Australians ... |
| | | | Australian Retirement Trust will welcome a new chief financial officer in October. It comes as the fund also adds three new leadership positions to its investments function. Phil Fraser will take over as chief financial officer on October 1, replacing ... |
| | | | ... of May 2024, the scheme was receiving investment applications for more than $1.5 million each day, "driven by an organisation of more than 100 sales agents" that were incentivised with commission payments and the opportunity to join exclusive "clubs" ... |
| | | | ... supporting and delivering for customers. We ae committed to taking ASX forward and have made strong progress as an organisation over the past two years." Longo said ASX's CHESS replacement is a technology project of "fundamental significance", replacing ... |
| | | | ... revenue growth opportunities. "Bravura's cost base was unsustainable, and we quickly executed a plan to rightsize the organisation, reduce our external cost base and optimise our operating model. We benchmark our profitability and margins against a best-in-class ... |
| | | | ... overall leadership of Investment Services' client facing activities and full responsibility for its international organisation. State Street said the appointment of a leader solely focused on the investment services business will further strengthen execution ... |
| | | | APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ... |
| | | | The financial services industry is undergoing a workforce transformation due to shifting demographics, according to a new whitepaper by Profusion Group. The whitepaper, Adapting to a Changing Workforce, said organisations are adapting to emerging leaders ... |
| | | | JBWere's The Bequest Report found that only $1.3 billion, which is equivalent to 1% of the estimated $150 billion in inheritance, will be donated to charity this year. This compares to 1% ($229m) in New Zealand, 3.7% ($7.6bn) in the UK, and 4.4% ... |
| | | | ... need to then step in, and we will then pay the compensation up to $150,000. We effectively step in on behalf of the organisation. But as we do that, we're required to let ASIC know that we've made the payment and under that legislation ASIC is ... |
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