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Showing 541 - 550 of 4206 results for "Action"

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
As the number of business insolvencies spike, workers will soon be able to claim unpaid superannuation owed to them by defunct employers under the Fair Entitlements Guarantee (FEG) Recovery Program. From 1 July 2024, staff who worked for employers that ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
... investment in renewables and cutting-edge conservation solutions. Queensland is rapidly emerging as a global leader in climate action, and this positions Sprint to be at the forefront of sustainability investing, partnering with entrepreneurs, universities ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
... mistake, it won't automatically exclude it, but would assess whether the mistake indicates a systemic problem, and what action has been taken to fix the mistake and stop it happening again. The super fund also added more determined language around companies ...

HESTA pushes for expediated advice reforms

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
HESTA has reported a "real shift" in how its members want to engage with their superannuation, leading it to urge the government to release tranche two of the Quality of Advice Review reforms. The $89 billion industry fund noted a strong demand for ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
The Australian Financial Complaints Authority (AFCA) is set to kick out Dixon Advisory & Superannuation Services (DASS) as a member over the next few weeks. AFCA announced on May 28 that the administrator of DASS has 21 days to reply to the proposal. ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... if Aurora complies with its audit and financial reporting lodgement obligations. ASIC added that it may consider further action if Aurora has not complied with its obligations at the end of the suspension period. Aurora has held its AFSL since 2 September ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... mergers/SFTs commit to appropriate levels of operational synergies, timing/phasing of synergy realisation and a disciplined action plan to achieve these operational synergies," the report said. "The operational synergy/benefit profile of the merger needs ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... frameworks and to proactively manage systems and processes. "APRA is prepared to take strong steps, including taking enforcement action, where a trustee's operational resilience management is substandard," Cole said. A Mercer spokesperson told Financial ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... returns have been poor as we have faced structural challenges and a prolonged market downturn. We need to take significant action at an accelerated pace to deliver value for our securityholders, capital partners and customers." Lendlease's share ...