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Showing 391 - 400 of 3911 results for "Organisation"

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
... 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 ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
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 ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... 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" ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... 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 ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... 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 ...

State Street names president of investment services

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... 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 reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
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 ...

Financial services experiencing 'workforce transformation'

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
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 ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
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% ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... 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 ...