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Showing 5941 - 5950 of 28263 results for "NOT"

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change. The case was brought by Equity Generation Lawyers principal David Barnden. He is the ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... number of concerns," Smith said. "These include instances of immature risk cultures, an approach to risk management that has not kept pace with the growth and maturity of the organisation, sub-optimal board compositions including the lack of specific ...

Asendium launches swift SOA solution

KARREN VERGARA  |  FRIDAY, 28 MAY 2021
... systems. Asendium chief executive and former financial adviser Scott Miller told Financial Standard that the solution does not aim to eliminate paraplanners in the advice process, rather give them and advisers more time to focus on strategies. When he ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... short and minimal disruption to economic activity and the short-circuiting the spread of infections. Then again, all might not go well because Victoria is now dealing with a different organism, a more aggressive and highly infectious variant with contact ...

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... ASIC in October 2018 and addressed via remediation in 2019. Remediation paid totalled $105,000, the bank said. ME Bank would not comment further but confirmed the matters are not ongoing. It is understood this case is not in relation to last year's ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
ASIC will potentially provide leeway in the imminent annual renewal law, by not taking regulatory action against financial advisers who fail to provide a financial disclosure statement. The Association of Financial Advisers (AFA) has identified practicality ...

Future Fund to hire 70 for investment team

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... infrastructure. Arndt said nearly half of the ASL increase of 154 will go towards hiring on the investment team. Future Fund does not manage any money internally, all of it is allocated to external managers. The additional hiring will take the investment ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... all of the cases we have seen, he had signed loan agreements in which there was a specific clause saying the arrangement was not approved by us and offered very large interest rates. The one thing he did do was make it abundantly clear to his victims ...

Link moves to streamline super fund advice

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... of advice," Link Advice chief executive Duncan McPherson said. "The introduction of the Link Advice Digital Fact Find will not only improve member engagement but also improve adviser efficiency and compliance. "The combination of new and old means Digital ...

Financial services job market hot: Hays

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... accountancy and finance professionals say an increase of 3% or more would better reflect their performance. While 3% might not sound like much to some, recent Australian Bureau of Statistics data shows wages growth of just 0.6% overall. The Hays guide ...