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Showing 631 - 640 of 15987 results for "Product"

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... areas to be "in a better position to demonstrate their compliance with legal obligations". The first is to strengthen product design by better using customer feedback. This can be via testing and incorporating complaints, claims, and cancellation data ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
Gold Coast-based financial adviser Andrew Rankin has been banned for four years for failing to act in clients' best interests by pushing them to invest in the Global Capital Property Fund (GCPF) and Pivotal Diversified Fund. The banning took effect ...

Aberdeen to terminate three funds

MATTHEW WAI  |  MONDAY, 18 AUG 2025
Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size. The abrdn International Equity Fund, abrdn Multi-Asset Income Fund, and abrdn Multi-Asset Real Return Fund will be terminated ...

Leaders push for overseas skills recognition

ELIZA BAVIN  |  MONDAY, 18 AUG 2025
Industry group leaders and politicians have come together to urge the government to prioritise reform of Australia's overseas skills recognition system at this week's Economic Reform Roundtable. In its submission to the Economic Reform Roundtable, the ...

WAM eyes Platinum LIC

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... retention. "This should help stabilise funds under management and improve earnings, mainly from cross-selling L1's product set to Platinum clients," he said. Under the proposed merger, L1 shareholders would own around 74% of the combined entity ...

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
Bell Financial Group (BFG) saw net profit after tax slump by 44% in its latest performance update, dragged by market volatility impacting the broking business. The group reported NPAT of $9.3 million for its half-year to June 2025 results. The broking ...

Iress adds AI chief to drive innovation

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... Daniel Ashley has commenced his role and will take charge of its cross-functional team focused on leveraging AI to enhance product performance, automate workflows, and unlock new insights for clients - particularly across financial advice and investment ...

Magellan rebrands investment business

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
In addition to overhauling its own look, Magellan Financial Group unveiled the new Magellan Investment Partners. Magellan Financial Group has refreshed its corporate branding, including a new logo, and rebranded its investment business as Magellan Investment ...

Mercer Super sued over 'longstanding and systemic' failures

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... after members had died; member accounts not being created with default insurance; incorrect investment fees disclosed in product guides; communications not being issued to members when moving from active employment; and updates to member information ...

ASIC to review RG97 to boost property supply

JAMIE WILLIAMSON  |  WEDNESDAY, 13 AUG 2025
ASIC is reviewing the need for superannuation funds to include stamp duty payments in fee disclosures in a bid to boost their investment in property. Super funds have long held concerns that obligations under Regulatory Guide 97: Disclosing fees and ...