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Showing 751 - 760 of 3547 results for "October 2002"

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
Occupational exclusions in group insurance are under the microscope as the federal government reviews their fairness and appropriateness. Senator Jane Hume has opened consultations for the review until October 14, aiming to find solutions to problems ...

Bravura appoints head of Sonata Alta

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Bravura has hired an industry super operations manager as its head of Sonata Alta. Nicole Kennedy started in the role on August 30. She reports to Bravura's head of operations for Australia Jon Alder. She joins from CareSuper and previously worked ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Iress integrates DDO with Xplan

ANNABELLE DICKSON  |  MONDAY, 30 AUG 2021
Iress' design and distribution obligation (DDO) solution will be integrated with Xplan allowing financial advisers who use the software to access Target Market Determinations (TMDs) throughout the entire advice process. Iress' DDO solution has three ...

Former adviser hit with criminal charges

KARREN VERGARA  |  MONDAY, 30 AUG 2021
After breaching his ASIC banning order, a former financial adviser is facing criminal charges. Lawrence Toledo, who is a former representative of Sentinel Private Wealth, has been charged with breaching a financial services banning order on three occasions ...

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
ClearView is divesting its financial advice business for $15.2 million to another ASX-listed firm. Centrepoint Alliance will acquire ClearView subsidiaries ClearView Financial Advice (CFA), Matrix Planning Solutions and LaVista Licensee Solutions. The ...

AFMA names new chief executive

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
The Australian Financial Markets Association appointed a new chief executive who is a former APRA executive. Brett Harper takes the post on October 11. He was most recently spent three years as a director at Promontory Australia, providing consulting ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
The myriad of regulatory reforms in the financial advice industry is raising concerns about the effects on the accessibility and quality of advice. This is according to Rainmaker's latest analysis of the ASIC Financial Adviser Register, which saw almost ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
The Perpetual Equity Investment Company (PIC) delivered its strongest net operating profit result to date at $108.4 million and outperformed the benchmark by 13.9%. The turnaround in profit comes after PIC delivered a negative net profit in FY20 at ...