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Showing 41 - 50 of 430 results for "Remediation"

Strategic reset delivers for Count

JAMIE WILLIAMSON | WEDNESDAY, 30 AUG 2023

... than 25,000 Statements of Advice and Records of Advice were delivered to clients over the year. In terms of ongoing remediation efforts, as at June end $505 million had been offered and $424.5 million had been paid. This is payable by Commonwealth Bank ...

Insignia consolidates further, creates Client Wellbeing arm

JAMIE WILLIAMSON | THURSDAY, 24 AUG 2023

... million, up 39% year on year, driven by gains made in divesting Australian Executor Trustees as well as stabilised remediation costs; Insignia did not have to increase remediation provisions, saying it expects all projects to be completed in FY24 with ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA | WEDNESDAY, 9 AUG 2023

Commonwealth Bank's $1.2 billion bad advice remediation bill represented a small fraction of its whopping $10.2 billion profit, the full-year financial results show. The total customer remediation amounted to a huge $2.6 billion in the 2023 financial ...

Sequoia hires chief operating officer

JAMIE WILLIAMSON | TUESDAY, 8 AUG 2023

... years' experience, most notably serving in ASIC's assessment and intelligence team. Bringing skills in audit, remediation, breach management, and policy enforcement, Sequoia said he will "further enhance our compliance efforts." "The new appointments ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS | TUESDAY, 8 AUG 2023

... between Vanguard and ourselves, to have a discussion with Vanguard, and in doing both, we found that our expectations of remediation were met. "In general terms, all products seeking RIAA certification are examined for their practices and processes against ...

AUSTRAC drops action after Bell FG audit

CASSANDRA BALDINI | FRIDAY, 30 JUN 2023

... obligations in the future. "AUSTRAC will continue to work with the group to ensure ongoing compliance and to monitor the remediation and uplift undertaken by the entities in response to the external auditor findings and recommendations," it said. Bell ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON | THURSDAY, 29 JUN 2023

... can leave someone over $50,000 worse off in retirement. Following the review, three super trustees have commenced remediation programs aimed at refunding fees and premiums paid on multiple accounts that were not identified. While ASIC did not name the ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN | TUESDAY, 27 JUN 2023

... compliance, improving disclosures about application funds, and notifying ASIC of any reportable situations or paying remediation. Meanwhile, ASIC also reached out to major auditing firms and industry bodies to reiterate the role auditors can play in ...

Former Capstone adviser in EU with ASIC

JAMIE WILLIAMSON | THURSDAY, 22 JUN 2023

... financial service, legal or accounting business. The misconduct has resulted in Blackaby and Capstone undertaking a remediation program for Blackaby's clients, which has so far seen more than $500,000 paid back to clients whose records were not sufficient ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI | WEDNESDAY, 31 MAY 2023

... said BOQ has acknowledged the weaknesses set out in the CEU and has agreed to several requests, including preparing a remediation plan that details all activities BOQ is undertaking, or will undertake, to address the weaknesses, with a clear timeline ...

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Macquarie AM splashes billions on Applied Digital Corporation

MATTHEW WAI | 12:42PM

Macquarie Asset Management (MAM) has pledged US$5 billion to NASDAQ-listed Applied Digital Corporation, which provides high-performance computing (HPC) data-centre solutions.

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON | 12:41PM

IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles.

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN | 12:07PM

AMP deputy chief economist Diana Mousina has listed her top five wishlist items for 2025, with hopes for lower inflation and avoiding a trade war.

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA | 12:16PM

MUFG Pension & Market Services (MPMS) has awarded Tata Consultancy Services (TCS) a mandate to help transform its retirement solutions business.

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Expert Feed

Jenny Taing

Principal Solicitor

KHQ Lawyers

'Chameleon ETFs': Still groundbreaking and here to stay?

It was coined as a 'gamechanger' - an ETF that can be bought and sold on the ASX or Cboe Australia but that can also be applied for, and redeemed, directly ...

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Robert Talevski

Managing Director

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Tailored or off-the-shelf: What's right for your practice?

In the ever-evolving landscape of wealth management, financial advisers and investment professionals are faced with a multitude of choices when it comes ...

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Nathan Robertson

Chief Executive Officer

Alvia Partners

Five principles for successful family office investing

At the time of writing, Australian public companies were at the end of another round of reporting their half-yearly financial results. For investors and ...

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Robert De Dominicis

Chief Executive Officer

GBST

Mistaking financial literacy for retirement literacy

Many are unclear about how to transition from working life to retirement, particularly regarding their retirement savings and the options available to ...

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Kellie Wood

HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED

Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.

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