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Showing 451 - 460 of 2628 results for "Practices"

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... uniquely co-developed with advisers and paraplanners from the very start. "For our design process, we had 12 to 14 advice practices across Australia involved over an 18-month window, starting in February 2022," he said. "They met with us on a monthly ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... be," Jacobson says. However, at the other end of town, The Cyber Collective founder Fraser Jack says financial ad-vice practices are in dire need of support. "The government is doing a very good job of combining resources and trying to come at this from ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... Archegos, despite repeated warnings. "The board is requiring Credit Suisse to improve counterparty credit risk management practices and to address additional longstanding deficiencies in other risk management programs at Credit Suisse's US operations," ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... which took effect at the start of 2023, also details how trustees should approach liquidity management and valuations practices. APRA expects trustees to undertake asset valuations on at least a quarterly basis. Where valuations are done less frequently ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... such thing as ESG investing," he said. "ESG is not the right way to do it... we need make a distinction between ESG practices and generic impact investing." However, he added that conducting an ESG analysis was an effective way to assess investment risk. ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
... paying higher prices based on these claims. "Similarly, businesses that are taking genuine steps to adopt sustainable practices are put at a competitive disadvantage by businesses that engage in 'greenwashing' without incurring the same costs. "Our draft ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... detailed records of OpenAI's policies and procedures and said the subject of the investigation was reviewing deceptive practices. "Whether the company, as defined herein, in connection with offering or making available products and services incorporating ...

FY23 farewells 700 advisers

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... the year, registering for the first time on ASIC's database. Despite the bleak figures, a recent survey of 122 advice practices found that adviser profitability is rising. On average, revenue jumped from $1.1 million in 2021 to $1.6 million this year ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
... consider communicating more timely and detailed insights across industry to increase awareness of risks and promote better practices," it added. The final recommendation for APRA was to prioritise developing its resolution capability and working closely ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from $1.1 million in 2021 to $1.6 million this year. According ...