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Showing 461 - 470 of 4500 results for "Case"

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 ...

How many advisers will Australia have in 2044?

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... Rainmaker Adviser report. A more optimistic possibility projects the advice sector to have just over 12,00 advisers. An extreme case would see Australia with just 5500 registered financial advisers by 2044. "The projection scenarios are somewhat arbitrary. ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
The Australian Financial Complaints Authority (AFCA) said the average loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation ...

Industry demands action to stop abusers claiming victims' super

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
The superannuation sector's biggest bodies are calling on the government to introduce legal reforms that would prevent family violence abusers from being able to access their victims' super. Existing laws permit abusers to claim an abuse victim's ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... much that the risk of recession in the US hasn't risen somewhat - let's call it to ~30% probability - it is not our base case, and the key difference is that some of the key aspects that generate recession outcomes are not currently evident." Toohey ...

Asset management brand power a 'critical differentiator': ISS

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
In an ultra-competitive asset management industry, a firm's brand is a critical differentiator in gaining the trust of financial advisers, according to ISS Market Intelligence research. Having surveyed more than 900 advisers, asking for their opinions ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... business, including the ongoing class action related to commissions for advice and insurance advice. Proceedings for this case are listed for a four week trial in the first half of 2026.

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... yesterday that the "ongoing sustainability of organisations is certainly paramount in the decisions that we make." In one case, the CSLR is working closely with the firm and its PII to have the compensation paid out. "The outcome, in this particular ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what the board knows today ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... financial services industry can have confidence in ESG claims made by providers of financial products and services. "As is the case in many other industries, consumers may place great importance on ESG considerations when making investment decisions. ...