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Showing 421 - 430 of 4202 results for "Action"

Engage Financial launches practice management firm

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
Engage Financial Solutions has launched Engage Practice Management - a partner firm dedicated to providing professional services firms with business solutions. Engage Practice Management will provide support through leadership coaching in EOS Implementation ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
A settlement has been reached in the class action filed in the Federal Court against auditors for SMSFs run by Melissa Caddick. The class action - led by Melbourne-based law firm Mackay Chapman - was filed on behalf of 21 original group members. Just ...

World on the brink: Frontier Advisors

ANDREW MCKEAN  |  FRIDAY, 6 DEC 2024
... rising fragmentation, and direct and indirect conflict, increase the downside risk to future growth. At the same time, action on the climate crisis is stalling, which Frontier said raises risks for investors, and the world more broadly. The report noted ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
MLC will pay close to $65 million to settle a class action that alleged it delayed transferring more than 300,000 members to cheaper MySuper options. Maurice Blackburn has today advised it reached a settlement with MLC Super Fund, NULIS Nominees and ...

Commonwealth Bank names chief economist

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
Commonwealth Bank (CBA) has appointed Luke Yeaman as its new chief economist and head of global economic and markets research. Yeaman is currently a deputy secretary in the Department of Treasury and head of their macroeconomic group, a position he's ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... to the public yesterday. In all, Deloitte has made 26 recommendations, which Cbus says it will now work on developing an action plan to address, as required under the licence conditions applied by APRA. One of the key recommendations made by Deloitte ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... product approvals or external research ratings. "Where a product persistently underperforms, advisers should consider whether action is necessary and communicate a recommendation to their client. Including the reasons why the recommendation is appropriate ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... licensee whose determination is paid by the CSLR will have their AFSL cancelled. "There is also another mechanism for some action to be taken, which is the fit and proper person test, applies to financial advisers and includes an element of the non-payment ...

Prime Super refreshes executive lineup

ELIZABETH FRY  |  FRIDAY, 29 NOV 2024
After six months in the fund's top job, Raelene Seales has bolstered the executive leadership by hiring four new executives and promoting two staffers from within. Having reshaped Prime Super's operations and structure, her immediate priority ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... questions around the super fund's claim handling delays, governance and payments made to the CFMEU. Cbus is facing legal action from the Australian Securities and Investments Commission (ASIC) over claims handling delays that saw some members wait ...