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Showing 421 - 430 of 905 results for "Australian Financial Service"

EY and UTS form financial data partnership

LAURA MILLAN  |  MONDAY, 15 JUN 2015
EY and the University of Technology, Sydney (UTS) have launched an alliance to tackle the biggest data analytics challenges facing the Australian financial services industry. The financial services analytics alliance will see both organisations apply ...

NAB confirms new Godfrey Pembroke GM

ALEX BURKE  |  MONDAY, 25 MAY 2015
The new general manager for dealer group Godfrey Pembroke has been named. A NAB spokesperson confirmed that Sean Allen has been replaced by Alan Logan, who has held executive positions at ANZ Advice & Distribution, MLC National Practice Management ...

Treasury proposes higher regulatory levies for super funds

ALEX BURKE  |  THURSDAY, 21 MAY 2015
The Treasury has issued its proposed regulatory levies for 2015/16. Under the new proposal, APRA-regulated institutions will collectively pay $117.5 million to help fund the prudential regulator, a half-percent increase on the previous financial year. ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
ASIC is seeking banning orders ranging from 7.5 years to permanent for individuals participating in providing unlicensed advice to SMSF investors. The regulator has provided submissions to the Federal Court, specifically mentioning property developer ...

Australia unprepared for FTAs

ALEX BURKE  |  THURSDAY, 14 MAY 2015
The Australian financial services industry is unprepared for a "bonanza" arising from free trade agreements with China, Japan and South Korea, according to Finsia research. Multiple factors including rapid market growth (between 2.5% and 7% over the ...

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
Former ANZ advice director Paul Barrett has acquired Commonwealth Bank-owned Eureka Whittaker Macnaught through his financial planning business AZ Next Generation Advisory (AZ NGA). This is the group's first acquisition, but Barrett confirmed that it ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
As the big four banks prepare for the end of the extraordinary bull run experienced since the global financial crisis, their wealth management arms also gear up for a new era. In a more challenging market and regulatory environment, the focus for the ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
ASIC has announced it is developing a regulatory guide for advice remediation programs for Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Wealthsure Group will request for its Australian Financial Services (AFS) licence to be cancelled, following the acquisition by Sentry Group. Wealthsure (WPL) has already transferred some of its authorised representatives to Wealthsure Financial Services ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
An independent report by forensics firm KordaMentha has confirmed that the advice divisions of Commonwealth Bank (CBA) failed to implement consistent compensation programs under the regulator's surveillance. Following the report, CBA will need to contact ...