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Showing 581 - 590 of 6733 results for "Review"

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... reviewed its short sale reporting process in 2020 after weaknesses were identified in 2015 and 2019. However, clearly this review, it said, "failed to identify and resolve the issues in these proceedings." ASIC is seeking penalties as well as an independent ...

Cbus increases insurance premiums

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... to %1.91. Premiums for members in the electech category will remain the same. Cbus said the change comes after an annual review of fees and discussions with TAL Life, which is the fund's group insurance provider. "Each year we negotiate carefully with ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... business and OTC derivatives trade reporting functions and explain their root causes. It must appoint an independent expert to review and report on the adequacy of its remediation plan to address the failures and their root causes. Finally, Macquarie's ...

Finchley & Kent adopts Padua Solutions tech suite

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
... suite of solutions. PaaS sees advice documents created 10 times faster than industry averages, vetted via a three-stage review process. Meanwhile, TMaaS is focused on easing platform consolidation, selling investments, or buying/selling a book. The partnership ...

Rest details internal program to reform death benefit processes

ANDREW MCKEAN  |  FRIDAY, 2 MAY 2025
... pace, or more quickly, going forward." Rest's announcement of the internal program comes on the back of ASIC's review into the death benefit claims handling practices of 10 superannuation trustees in March. ASIC's review found Rest had resolved ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... estimates and the total life book growth was negative, though longer duration sales were stronger. APRA's upcoming capital review could also help Challenger, analysts said, as will its desire to expand into private credit. "Retirement income opportunity ...

ASIC bans unlicensed WA adviser

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... financial services industry. The banning took effect from 22 April 2025. Kendrick has the right to appeal to the Administrative Review Tribunal for a review of ASIC's decision. The decision comes after the regulator determined Kendrick had not been licensed ...

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... pre-commitments of $47 million (US$30million). Commencement of the offering is subject to Clime's own legal and compliance review. Clime said it was awarded the mandate after Sphinx met "challenges" in identifying a "capable and right-sized" partner ...

ASX admits CHESS tech staff 'stretched'

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
The ASX has completed a resourcing and capability review for CHESS, after an outage occurred in late December 2024 which saw a "technical issue" on the CHESS Batch Settlement that disrupted and delayed several days' trade settlements. This outage ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... enhancing systems, improving disclosures and improving timeliness of superannuation rollovers. AFCA's complaint data and review process raised concerns about whether super funds had adequate resourcing to meet requests for information from the regulator ...