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Showing 621 - 630 of 927 results for "Failing"

Past Morgan Stanley adviser hit with permanent ban

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2017
A former Morgan Stanley Wealth Management adviser was permanently banned for failing to act in the best interests of clients and providing inappropriate advice. Employed by Morgan Stanley between January 2013 and May 2015, Andrew Peter Panayiotides ...

Active returns at their worst since 2009

ALEX BURKE  |  WEDNESDAY, 22 FEB 2017
... underperformed over a 10-year period. International equity funds have continued their general trend of underperformance, with 86% failing to beat the S&P Developed Ex-Australia LargeMidCap Index over one year, 93% over five years and 89% over 10. In ...

CBA caught out on unpaid super

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
... additional superannuation contributions. "The CBA has been ripping off some of its lowest paid staff since at least 2009 by failing to pay them the full Superannuation Guarantee Levy and we are committed to make sure the bank pays up," FSU national secretary ...

Fintech investment needs balance: APRA

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... information that masks their true identity. Similarly, financial firms using automated profiling processes can run the risk of failing to "know-the-client" well enough to make suitable investment recommendations," the report noted. In their recommendations ...

Bus operator fails to pay super

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
A Gold Coast tour bus operator accused of failing to pay the superannuation guarantee to two workers from non-English speaking backgrounds will face court over thousands of dollars of alleged underpayments. A driver for AVA Travel contacted the Fair ...

Sydney firm sees AFSL cancelled

EMMA RAPAPORT  |  WEDNESDAY, 18 JAN 2017
ASIC cancelled the Australian Financial Services Licence of Sydney based insurance company Core Insurance for failing to lodge financial statements and auditor reports for two years. Core Insurance, which trades as Ferme, has held its AFSL since October ...

ASIC imposes $40,000 penalty

EMMA RAPAPORT  |  TUESDAY, 17 JAN 2017
... (AOP) systems. "Although Pershing tested the operation of the filters in the test environment, Pershing was negligent in failing to test whether the connection had been mapped in accordance with Pershing's instructions in the production environment," ...

Brandon Capital to build largest Commonwealth VC fund

JAMIE WILLIAMSON  |  WEDNESDAY, 14 DEC 2016
... managing director Jeremy Curnock Cook said that too often Australian ideas "struggle to bridge that second valley of death," failing to find the capital necessary for commercialisation. "What is required is not just more money but an investment approach ...

Archaic gender rules mask super benefits

JAMIE WILLIAMSON  |  WEDNESDAY, 14 DEC 2016
Superannuation funds are failing to effectively engage LGBTI members due to antiquated rules on gender identity, and the need for reform is growing. Addressing the recent FPA Professionals Congress in Perth, high-profile transgender Catherine McGregor ...

ANZ has little time for robo-advice

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2016
... strategy for transforming the business' culture. Elliott said that the bank's conglomerate presence in the past caused a failing in terms of visibility across all aspects of the business, saying that the complex structure of the organisation meant there ...