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Showing 41 - 50 of 463 results for "Investigate"

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
... obligation in relation to the transfer of member benefits, and OnePath Custodians must appoint an independent expert to investigate the root cause of its breach. These conditions partly supersede conditions placed on IOOF Investment Management in December ...

Andrew Hagger leaves Tattarang

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
After three years in the role, Andrew Hagger has stepped down as chief executive of Twiggy Forrest's Tattarang and the Minderoo Foundation. In an announcement late yesterday, the private investment group said Hagger has decided to transition out ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... fairness, jurisdiction and speculation that AFCA is responsible for PI premiums going up. "I've taken it to heart to investigate this and I've spoken to all the brokers and underwriters in the area and that's not what they say, they describe ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on the ASX and Cboe are more than $8.5 billion, with BetaShares' range of ethical ETFs constituting nearly half, according to BetaShares ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... members had ceased their employment. While the institution remediated almost $700,000, the court found AMP didn't investigate whether it was a systemic issue or not, even though a significant number of complaints were received. "Put simply, the advice ...

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... the Spirit Super Palisade Consortium that it continued to hold preliminary competition concerns needing more time to investigate and the Consortium subsequently decided to not proceed with the transaction. Earlier this year, the ACCC released a statement ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
ASIC has released guidance regarding the function of the Financial Services and Credit Panel, outlining the actions it may take and the rights of financial advisers who are subject to a hearing or disciplinary measure. In December, ASIC outlined the ...

ASIC obtains orders to freeze assets

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
... from unlicensed conduct and the transfer of investor funds into crypto assets. ASIC concluded it will continue to investigate and take action against unlicensed financial services businesses with a focus on misconduct involving cryptocurrency.

Spirit Super member data exposed after security attack

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... a staff member's password being compromised," Spirit Super said. The super fund also said it is continuing to investigate the extent of the breach and believes there was unauthorised access to a mailbox containing personal data. The personal data ...

AFCA adopts case merit assessments

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
The Australian Financial Complaints Authority will permanently adopt a merit assessment process, so that complaints where no error or financial loss has occurred can be identified and excluded quickly. AFCA conducted a three-month pilot program last ...