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Showing 611 - 620 of 4618 results for "Issues"

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
... it considers systemic shortcomings in the superannuation, investment, and financial advice industries. The AFCA Systemic Issues Insights report identified multiple instances of systemic breaches across the Australian financial services landscape, affecting ...

Don't discount Vietnam: Dragon Capital

CHLOE WALKER  |  MONDAY, 22 MAY 2023
... Standard. "Therefore, Vietnam is satisfied to be included as an emerging market." However, she noted, there are some technical issues such as the foreign ownership limit that held Vietnam in the frontier market. Another issue is the lack of awareness ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... binary. In reality, clients are likely to move in and out of different forms of advice over time. "Practices have the same issues with cost to serve of financial advice as large institutions and superannuation funds, so supporting all players to provide ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... or complex APRA-regulated entities to prepare for potential failure. In such events, the plan ensures APRA can resolve issues with "limited" adverse impacts on the community and financial system. Another function of CPS 900 is to safeguard the continuity ...

ASIC issues stop orders to Saxo

CASSANDRA BALDINI  |  FRIDAY, 19 MAY 2023
... aggregate and affect the potential to profit from a CFD position, among other risks," it said. ASIC further highlighted issues for single stock CFDs, ETF CFDs and index CFDs retail clients seeking growth and income. The regulator said it made the interim ...

Super fund blunder likely down to bad data: Podcast

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... imagine back around 2013 when some of these accounts originated," he said." "I do several super fund mergers and often issues such as data testing and cleansing arise in the background. Both as an operational issue and contractual issue." He said such ...

Packer donates $7m to mental health research

CHLOE WALKER  |  TUESDAY, 16 MAY 2023
... generate positive outcomes in this field and in so doing significantly improve the lives of people battling mental health issues both in Australia and around the world." UNSW president, vice-chancellor and professor Attila Brungs said the gift will support ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... multiple accounts within their own fund are a decade old. It's alarming that such a major player is only discovering issues now." "We're calling on all funds to review their processes and follow AustralianSuper's example by reporting the ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... Your Future, Your Super performance test to ensure long-term goals like the government's net zero target and other issues like biodiversity and just transition are not in conflict with short-term performance concerns. "We're having a look at ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... vulnerabilities and managerial weaknesses at SVBFG," it said. "The record shows that supervisors identified some of the material issues, but also underappreciated important ones, particularly during the period of SVBFG's rapid growth while in the RBO ...