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Showing 41 - 50 of 273 results for "CSL"

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON | FRIDAY, 29 AUG 2025

The government has dumped the inquiry into wealth management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA | FRIDAY, 1 AUG 2025

Treasury today launched a consultation on the Compensation Scheme of Last Resort (CSLR), considering options on how to deal with estimates that have drastically exceeded sub-sector levy caps. Released late Friday, the consultation paper is seeking feedback ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA | WEDNESDAY, 30 JUL 2025

Minister for financial services Daniel Mulino says releasing the next exposure draft for the "complex" second tranche of Delivering Better Financial Outcomes (DBFO) reforms is a top priority, but the financial advice sector should not expect it anytime ...

FAAA fights to reignite Dixon inquiry

MATTHEW WAI | THURSDAY, 24 JUL 2025

Although the Senate Committee Inquiry into Dixon Advisory was expected to lapse due to the election, the Financial Advice Association of Australia (FAAA) is shedding light on the possibility of resuming the process. FAAA general manager of policy, advocacy ...

Adviser exodus puts retirement savings at risk: CPA

KARREN VERGARA | THURSDAY, 17 JUL 2025

CPA Australia says the drastic exodus of financial advisers has put Australians' retirement money at risk, possibly leading them to invest in higher-risk schemes. According to the Financial Adviser Register, there are only 15,300 advisers left in the ...

Most traded stocks in the first half of the year revealed

MATTHEW WAI | THURSDAY, 10 JUL 2025

... and Wesfarmers, AUSIEX said. Meanwhile, the most bought stocks by advised investors over the same period were Woodside, BHP, CSL, Macquarie and Westpac. Their most sold stocks were Commonwealth Bank, Telstra, Woolworths and Fortescue. The top stock holdings ...

CSLR releases revised levy estimate

ELIZA BAVIN | FRIDAY, 4 JUL 2025

The Compensation Scheme of Last Resort (CSLR) has released a FY26 revised levy estimate, coming down slightly from the figure estimated in January. The CSLR said the need for a revised estimate was triggered due to the initial levy estimate, issued ...

Legalsuper celebrates double digit returns

JAMIE WILLIAMSON | FRIDAY, 27 JUN 2025

... while 10% is in infrastructure and 9% is in fixed interest. Some of its largest equity holdings include Westpac, BHP Group, CSL, Commonwealth Bank, and NAB. Internationally, the fund has most of its exposures via funds offered by State Street and Aikya ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA | TUESDAY, 17 JUN 2025

The Financial Advice Association Australia (FAAA) and four other professional bodies are urging the Australian Financial Complaints Authority (AFCA) to name and shame financial firms that fail to follow through on a determination as more than 60 have ...

AIOFP, FAAA encouraged by first meeting with Mulino

KARREN VERGARA | FRIDAY, 6 JUN 2025

Following their inaugural meeting with new financial services minister Daniel Mulino, the Association of Independently Owned Financial Professionals (AIOFP) and Financial Advice Association Australia (FAAA) feel enthused about the impact he will have ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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