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Showing 51 - 60 of 4396 results for %22corporate Australia%22

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
After being rebuked by ASIC for operating without an AFS Licence, iExtend is now running under a Corporate Authorised Representative (CAR) arrangement for the interim. A CAR enables iExtend to act as an agent of an AFS Licensee, meaning it is authorised ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
ASIC deputy chair Sarah Court has reaffirmed that the corporate regulator is targeting member service failures, greenwashing, and inappropriate fees and charges, cautioning the superannuation industry to lift its game. At an industry event, Court said ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... stretch to apply this thinking to the use and operation of AI by financial services licensees." Longo disclosed that the corporate regulator is already pursuing an action in which AI-related issues arise, where it believes the use of a demand model was ...

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... and better retirement outcomes for Mercer Super members. Mercer also appointed Andrew Howse, previously the head of corporate benefits at Gallagher, to the new position of client leader at Mercer Super. In the role, he will service the fund's burgeoning ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... been reporting this data for some years now, this is the first time the information will be made publicly available. In Australia, women's salary increases are failing to keep up with men. According to the WGEA, Australian women earn 87 cents for ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
... manager for direct equities, and advanced Bruce Low to portfolio manager. "I'm excited to be relocating back to Australia to join one of the nation's leading super funds with an impressive returns track record and a leading responsible investment ...

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... management and that it has been operating for 25 years when in fact it was established around 5 May 2022, according to the corporate regulator. ASIC also rebuffed Penta Capital's claim that it was affiliated with the Financial Services Council, Australian ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital. Following the transaction settlement on January 12, MSC Trustees now has some $30 billion in ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... excited about this project for many reasons," Williamson said. "The carbon market has an important role to play in helping Australia meet its 2030 and 2050 emissions reduction targets."

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... Island was a nationally significant regional community project which has been destroyed thanks to an out-of-control corporate regulator. The valuation uplift in Mayfair's portfolio confirms ASIC grossly mischaracterised Mayfair's business and its investments ...