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Showing 661 - 670 of 3859 results for "Operations"

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... area of focus will be the use of technology in financial planning, where substantial opportunities exist to streamline operations and reduce cost." She said this includes the role of AI and its ability to assist in the delivery of advice but also its ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... Mayfair 101 purchased the portfolio of 200-plus properties in 2019. In early 2020, ASIC froze Mayfair's assets and operations over concerns it was a Ponzi scheme. Many of the properties were handed over to receivers who have since sold them. Now, according ...

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... despite the impending job cuts to approximately 600 positions, the asset manager remains committed to scaling up its operations. "Even with these changes, by the end of 2024, we expect to have a larger workforce as we continue adding people and building ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... that preceded AFCA received 52,000 complaints between them, about half the volume AFCA is now seeing. Since starting operations, AFCA has received more than 420,000 complaints, helping to secure $1.3 billion in compensation or refunds for consumers. ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... new mandate to Citi Securities Services follows NAB Asset Servicing announcing its intention to wind down custodial operations last November, wrapping up a 16-year custodial partnership with Prime Super. The big four bank decided to close its Asset Servicing ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... funds, necessitating a more thorough investigation. The court re-made asset preservation orders to restrict Brite's operations, however authorised the receivers to manage the company's ongoing activities. ASIC said it took these steps to protect client ...

EQT operations, finance chief steps down

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Philip Gentry, Equity Trustee's (EQT) chief operating officer and chief financial officer, is stepping down from the dual roles after eight years. EQT board chair Carol Schwartz said Gentry "played a pivotal role in helping reshape EQT". "His contribution ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... "is a material risk that can expose companies to significant reputational risk, have financial implications, affect operations and impact a company's social licence to operate. "Long-term investors want to support the companies in which they invest ...

MLC Life names general manager, remediation

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2023
... experience, which has also included the appointment of Murray and Craig Dainton to general manager, adviser and customer operations. Since these occurred in May, MLC Life has seen a more than 10% reduction in call handling times, among other improvements ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... member data from employers. "APRA considers additional data could be utilised in many facets of the RSE licensee's operations to improve understanding of the member demographic potentially to assist with the determination of retirement income strategies ...