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Showing 31 - 40 of 55 results for "Practices for"

Court dismisses Westpac lending practice case

KARREN VERGARA | THURSDAY, 15 AUG 2019

The Federal Court has dismissed ASIC's case against Westpac, alleging it breached responsible lending practices for home loans. ASIC alleged that between December 2011 and March 2015, the bank failed to properly assess whether borrowers could meet repayment ...

Fitzpatricks expands footprint

KRISTI CHENG | WEDNESDAY, 31 JUL 2019

... in Perth-based Stewart Symonds & Partners, representing 38 new advisers who have joined. It is one of seven new practices for Fitzpatrick Group. The amount paid is undisclosed. Fitzpatricks said the Stewart Symonds addition is in line with its heritage ...

Boutique appoints portfolio manager

KANIKA SOOD | WEDNESDAY, 8 MAY 2019

... management boutique has appointed a portfolio manager from Investors Mutual, as it sees increased demand from advice practices for equities income solutions. Tomas Vasquez is joining Vertium Asset Management as a portfolio manager and equity analyst. ...

Super funds cop governance grilling

HARRISON WORLEY | TUESDAY, 21 AUG 2018

... to exercise their powers in the best interests of the fund beneficiaries. An enhanced set of mandatory governance practices for the superannuation sector would give the public confidence that this was uniform across the sector," Armour says. The first ...

Industry responds to Dover shutdown

JAMIE WILLIAMSON | TUESDAY, 12 JUN 2018

... authorisation would be on the merit of each individual adviser. "We have had a general uptick in approaches from advice practices for our licensee services in recent months. Lifespan has been increasing its resources to meet this increased demand and ...

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA | THURSDAY, 10 AUG 2017

... businesses in and manage them as businesses of AMP rather than our more traditional self-employed model," he said. Buying practices for $50 million will generate between $12 to $16 million in revenue, Meller said by way of example, adding it's a viable ...

ATO hits back at claims of inadequacy

EMMA RAPAPORT | FRIDAY, 5 MAY 2017

... to employer failings. In handing down its findings, the committee blamed the ATO's reactive rather than proactive practices for the loss of government revenue and increased reliance on the Age Pension. The committee also found the ATO was reluctant to ...

ESG risk tool launches

KARREN VERGARA | MONDAY, 10 APR 2017

... listed on the Australian and New Zealand Securities Exchanges. The draft guideline, ESG Engagement: Recommended Practices for Listed Entities, includes 13 recommendations covering issues like engagement and co-ordination; systematic strategy and integrating ...

Banks flag adviser transparency in customer program

ALEX BURKE | MONDAY, 30 JAN 2017

... to support customers in times of financial hardship via a debt repayment and consolidation service; new valuation practices for farmers and small businesses; and a plan to hold a roundtable in March with government and consumer groups to discuss how ...

Insurance in super must be maintained: AIA

JAMIE WILLIAMSON | WEDNESDAY, 21 DEC 2016

... look forward to working with the parliament and the wider industry for the improvement of insurance products and practices for Australians," Mu added. In line with this perspective, a newly-established industry group - the Insurance in Superannuation ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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