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Showing 681 - 690 of 2995 results for "Problem"

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... crisis, their superfund is showing reckless disregard by investing their retirement savings in the companies causing the problem." "Instead of paying lip-service, UniSuper can and must be at the vanguard of sustainable investment." UniSuper has released ...

Chief economist update: Missing the burning forests for the surplus tree

BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
... Fast forward to 2020 and this year's surplus is looking a lot like... it won't happen (again). That's not the problem. Economists and financial markets had been egging (begging) the government to ditch its surplus obsession to aid the RBA ...

Westpac served class action

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
Westpac has confirmed it was served with a class action on behalf of shareholders in relation to the AUSTRAC investigation. The class action has been filed by Phi Finney McDonald. The claim relates to market disclosure issues connected to Westpac's ...

Pendal appoints impact investment team

ALLY SELBY  |  FRIDAY, 13 DEC 2019
Pendal has appointed an impact investment team tasked with establishing a global equity impact strategy as part of the business' ESG research team, Regnan. Led by Tim Crockford, formerly the head of the Hermes Impact Opportunities Equity Fund, and ...

Why joint effort is required in advice

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
Dante De Gori, chief executive of the Financial Planning Association of Australia, has explained why a united front is needed in financial advice as the bill to defer new education requirements is tabled in parliament. At the recent FPA Professionals ...

Cashwerkz, Complii partner to automate compliance

ALLY SELBY  |  TUESDAY, 3 DEC 2019
Listed fintech Cashwerkz has partnered with Complii FinTech Solutions; a secure, centralised digital platform, to automate the compliance process for stockbrokers and financial advisers. Complii software automates, records and reports on regulation ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
The Australian Prudential Regulation Authority has launched an intervention into the life insurance market in response to ongoing heavy losses in respect of individual disability income insurance. The regulator announced a series of measures, including ...

Planners heed SMSF risk warning

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
Are you effectively communicating the importance of diversification to your SMSF clients? Delegates have been warned how to avoid triggering the ATOs radar. Aaron Dunn, who is the chief executive of Smarter SMSF, has provided an update on SMSF regulation ...

How it can all go wrong

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
In the most-talked about session on the FPA Congress program, former Queensland adviser James Cribb sat down with his lawyer Rhett Das to explain how he came to be banned and what he wishes he'd done differently. In July last year, Cribb was banned ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... licensees and their representatives, suggesting that compliance with the FDS and RN obligations may be an industry-wide problem." Press said consumers are at risk of receiving inaccurate fee disclosure statement or in some cases, none at all. "This is ...