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| | | ... efficiency and agility. Worrell takes on the role following more than a year as general manager of remediation at Insignia Financial. Prior to joining the wealth giant, she led operational functions at AMP Advice, working on strategy development and ... |
| | | | ... fund will remove its lifestage investment strategy (LIS) options from February 13, saying the move will improve the financial future of its members. The Sand LIS, Coral LIS, Ocean LIS, and Sky LIS will be removed, with members within those options to ... |
| | | | ... risk of fraud and scam, it said. "Those operational failures by trustees or administrators can result in significant financial losses, compound distress for people facing difficult circumstances, and of course erode trust in the system as a whole," ASIC ... |
| | | | A former United Global Capital (UGC) financial adviser has had his banning order shrunk by half after a successful appeal to the Administrative Review Tribunal. Milutin Petrovic was banned from providing financial services or performing any function ... |
| | | | The Australian Financial Complaints Authority (AFCA) has determined inappropriate advice provided by Financial Services Group Australia (FSGA) led to one client's $200,000 financial loss. In December, AFCA said it received more than 1800 complainants ... |
| | | | ... trusted fintechs to invest in compliant and secure infrastructure solutions to bring tokenised assets into the traditional financial system. "Openmarkets is ready to deliver on this opportunity. The combination with Openmarkets is the culmination of ... |
| | | | ... January 2029. Justice Bromwich said the sentence also considered a further offence that Forrest provided unlicensed financial services as an investment funds manager to two entities over a nine-month period. "This was serious and pernicious offending. ... |
| | | | ... agreed to collaborate, with service agreements to be finalised and executed at a later date. QNB Group is Qatar's largest financial institution and is 50% owned by Qatar's sovereign wealth fund. The deal was signed during the World Economic Forum in ... |
| | | | A new type of vertical integration will emerge in the financial advice sector in 2026, while an oligopoly of two providers will dominate the platforms market, Finura predicts. Finura's Australian Wealth Tech Predictions report for the year ahead ... |
| | | | Former financial adviser from Western Australia, Anthony Paul Torre, has been sentenced to six years' imprisonment. Torre's sentencing was backdated to 29 January 2025 in a verdict handed down by the District Court of Western Australia. Torre ... |
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