Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 721 - 730 of 9925 results for "Financial services"

ASIC extends two advice instruments

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... Reporting-Reportable Situations) Instrument 2024/620 and ASIC Corporations Record-Keeping Requirements for Australian Financial Services Licensees when Giving Personal Advice) Instrument 2024/508 for the purpose of extending reliefs that were due to ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... unsecured personal loans when he was in financial difficulty. All four former directors were banned from providing financial services for five years and ordered to pay their respective penalties. Only Daly contested the rulings. Justice Jackman said ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... Chisholm fears this may well be the case for some time to come, with the rate of regulation far outpacing the financial services sector's ability to build effectively resourced product risk and compliance functions. Further, the broad nature of some ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... 121 to provide updated guidance to individuals and companies from outside Australia that wish to conduct a financial services business in Australia. The newest version replaces the last guidance which was issued in June 2013. ASIC said RG 121 has been ...

Former Mercer Super chair named Actuary of the Year

MATTHEW WAI  |  FRIDAY, 20 SEP 2024
... Actuaries Institute has named Jan Swinhoe the Actuary of the Year for 2024. Swinhoe has an extensive background in financial services, having worked across insurance, institutional banking, and superannuation. She is currently a non-executive director ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... currently searching for Zaika's replacement. Zaika, who joined GAM in July 2018, has worked in Australian financial services sales for 20 years, covering institutional, wholesale and retail market segments. He arrived from BlackRock, where he served ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... rose concerns that some of the companies linked to McWilliams may have been operating without an Australian financial services licence, possibly breaching the Corporations Act. Additionally, he pointed out that several companies involved, along with ...

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... and payments setting, according to an explanatory statement issued by assistant treasurer and minister for financial services Stephen Jones. "Although market-linked income streams have similarities to account-based income streams, all these legacy products ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... combat financial and cybercrime; connect the superannuation sector, relevant government agencies and related financial services bodies; and help make Australians aware of the actions they can take to protect their super and data from scammers. "ASFA ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
The Finance Sector Union (FSU) is urging the financial services industry to adopt paid menopause leave policies as it finds more than one third of workers experiencing symptoms are likely to retire early as a result. In October 2023, the FSU launched ...