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Showing 501 - 510 of 894 results for "Failing"

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP. The Federal Government announced it is injecting a further ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... patterns to predict when a trade is likely to fail. SmartChaser can identify the subset of trades that are most in danger of failing, suggest the reasons why, and propose the actions needed to rescue them - thereby ensuring middle office teams can allocate ...

ASIC bans Queensland adviser, suspends licence

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
ASIC has put a four-year ban on a Queensland adviser for failing to act in his clients' best interests while providing advice on self-managed superannuation funds. James Cribb allegedly advised in a manner that was likely to benefit his own SMSF administration ...

AFA seeks overhaul of proposed education standards

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... people, has been allowed to remain unresolved for such a long time, is unfair and unreasonable. This is a fundamental failing of this entire process. We need a sensible pragmatic solution as soon as possible to address the impact of this extended uncertainty," ...

Sydney boutique shutters

JAMIE WILLIAMSON  |  MONDAY, 2 JUL 2018
... Partners' multi-manager umbrella has closed. A spokesperson for Fidante confirmed Tempo Asset Management has closed after failing to reach sufficient scale of assets under management since opening its doors in late 2013. Tempo clients and staff were ...

Younger advisers drive digital client engagement

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
... advisers were dissatisfied with their providers. More than 70% were open to moving platforms, saying technology providers are failing to adequately fulfil growing needs. The majority (82%) of advisers also said they would switch providers as a result ...

Listed fintech partners for financial wellness

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
... work because of financial stress. Monetary issues such as mounting credit card debt, inability to meet savings goals or failing to pay bills on time can all contribute to workplace strain." Employee financial stress is estimated to cost Australian businesses ...

Advice and stock broking firm fined $35k

HARRISON WORLEY  |  WEDNESDAY, 13 JUN 2018
... panel. The markets and disciplinary panel believed Wilsons Advisory and Stockbroking contravened regulatory data rules by failing to provide unique references to the market operator after share orders were submitted on behalf of a client. According to ...

ASIC bans former AMP adviser

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... for five years. Desmond Luplau has copped a five-year ban on the provision of financial services from the regulator for failing to act in the best interests of his clients. According to ASIC, Luplau did not clearly explain to clients his advice, and ...

Vertical integration needs overhaul: Poll

KANIKA SOOD  |  MONDAY, 14 MAY 2018
... planners working from approved product lists that featured only the licensees' platform offerings were at systematic risk of failing to act in the best interest of their clients. Separating platform operators and advice licensees would "place pressure ...