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Showing 691 - 700 of 4071 results for "Personal"

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... at 34% quarter on quarter. Buy now pay later (BNPL) complaints were up 57% annually and jumped 56% the June quarter. Personal transaction accounts had the lion's share of the total complaints (13,781), overtaking credit cards (10,555). AFCA received ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... David Jacobson says serious penalties and costs can apply to licensees who fail to protect confidential and sensitive personal information of clients. Referencing the Federal Court judgement in ASIC v RI Advice Group, in which RI Advice was found to ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
ASIC is suing the operator of several unregistered managed investment schemes that, among other investors, targeted SMSF members. Sasha Hopkins, director of The A Team Property Group, is facing civil action for alleged unlicensed conduct and running ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... 2021, the 86-year-old exploited his access to corporate boardrooms, repeatedly providing inside information to friends, personal assistants, private pilots, and romantic partners. This included publicly traded companies he was a major investor in. "Those ...

New Vanguard regional ETF capital markets lead

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
Vanguard Australia has appointed a new lead for the Asia Pacific region who will oversee ETF capital markets as the incumbent takes up another role within the firm. Adam DeSanctis, who most recently had a stint in personalised indexing for financial ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Two years after announcing its major digital overhaul, Aware Super has reported tangible benefits from its transition to the Bravura Sonata Alta platform. Aware Super chief executive Deanne Stewart noted the move, initially driven by the need to consolidate ...

Mercer appoints first Wealth Pacific chief

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... the superannuation sector, successfully completing a merger with BT Super. This move saw Mercer integrate BT Super's personal and corporate superannuation offerings, and incorporate Advance Asset Management into its portfolio. Hales' remit also encompasses ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... 60%. The interim stop order affected IP distributed through general advice only and did not affect advisers who provide personal advice. ASIC has thus far issued 39 interim stop orders for defective TMDs relating to general and life insurance products. ...

ASIC slaps interim stop order on ClearView

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... that the interim stop order affects income protection distributed through general advice only. "Advisers who provide personal advice are not impacted and can continue submitting applications for ClearView products," ClearView wrote. "ClearView Life is ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... performers in three out of the last four years, saying: "It is the metaphorical gift that keeps giving. Many of us know from personal experience that we get drawn into the Apple ecosystem and find it too compelling to leave, paying higher prices as we ...