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Showing 491 - 500 of 3550 results for "October 1929"

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON | TUESDAY, 23 MAY 2023

Treasury is consulting on whether the Australian Financial Complaints Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A ...

Investment fraud accomplice charged

CASSANDRA BALDINI | MONDAY, 22 MAY 2023

The executive assistant of former Perth unlicensed investment scheme boss Chris Marco has been charged with 34 counts of enabling or aiding fraud. Linda Marissen appeared in the Perth Magistrates Court after it was alleged that she helped Marco defraud ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON | FRIDAY, 19 MAY 2023

MLC Life will pay $10 million, in addition to $12 million in remediation, for failing to pay promised rehabilitation benefits. The life insurer was penalised by the Federal Court after it was found guilty of several breaches of the ASIC Act, the Corporations ...

Fitch gives Labor budget AAA rating

CASSANDRA BALDINI | WEDNESDAY, 17 MAY 2023

For the first time under a Labor government, Fitch has handed down a AAA rating to the May budget. In a statement, Fitch applauded the government for its spending restraint and said the nation's public finances had outperformed expectations. "The commitment ...

PensionDanmark selects future chief executive

JAMIE WILLIAMSON | TUESDAY, 16 MAY 2023

PensionDanmark appointed Peter Stensgaard Mørch as its new chief executive, to take over after having served a year as deputy chief executive. It was recently announced that Torben Möger Pedersen, the long-serving chief executive of the pension fund ...

Class action commenced against IG Markets

JAMIE WILLIAMSON | THURSDAY, 11 MAY 2023

Piper Alderman and Omni Bridgeway have filed their class action against IG Markets, representing investors that lost hundreds of millions trading contracts for difference (CFDs). In October 2022, the two firms said they were planning an action against ...

What you need to know about the 2023-24 budget

KARREN VERGARA | TUESDAY, 9 MAY 2023

Cost of living pressures and the transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 ...

Labor strengthens economic equality initiatives

KARREN VERGARA | TUESDAY, 9 MAY 2023

Women facing disadvantage are poised to benefit from this year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on ...

Budget delivers surplus, with a catch

ANDREW MCKEAN | TUESDAY, 9 MAY 2023

The federal government has delivered a small surplus of $4.2 billion for 2022-23, the first in 15 years, but structural deficit challenges continue to pose a threat to long-term fiscal stability. Treasurer Jim Chalmers touted the surplus and smaller ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON | MONDAY, 8 MAY 2023

ASIC has further staged the implementation timeframe for internal dispute resolution data reporting. In total, 8600 financial firms will report their customer complaints data for the first time under the framework. The first group to do so comprised ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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Brian Redican

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