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Showing 761 - 770 of 4742 results for "July 2009"

QIC sees changes in private debt, liquid markets

ELIZABETH FRY  |  FRIDAY, 14 OCT 2022
There is a new director in QIC's multi-sector private debt team, while a new head of the liquid markets group has been confirmed. David Spiez will join the multi-sector private debt team in February. He is currently general manager of strategy and ...

ASIC dishes out permanent ban to 'lifestyle' adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
A former Dover and Interprac financial adviser who was found to be unfit to operate in the industry in any capacity was permanently banned by the regulator. ASIC said James Carlos Reynolds purported to offer 'lifestyle' financial advice as sole director ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
A survey of superannuation fund members found overall satisfaction has declined and more are considering changing funds. The latest CSBA FEAL Superannuation CX benchmarking report surveyed close to 5500 members from 20 super funds and found that customer ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. ...

Iress wins Commonwealth Super Corp mandate

CHLOE WALKER  |  THURSDAY, 29 SEP 2022
Commonwealth Superannuation Corporation (CSC) selected Iress as its new technology partner in a bid to improve member outcomes, reduce administration complexity and drive down the cost to serve through a digital-first approach. On an initial five-year ...

RBA progresses digital currency project

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
The Digital Finance Cooperative Research Centre (DFCRC) and the Reserve Bank of Australia (RBA) have released joint research report, providing an update on the possible central bank digital currency (CBDC) the two are exploring. The report titled Australian ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
Brighter Super is increasing some of its insurance premiums and changing the way they are charged at the same time. From September 30, the cost of death and total and permanent disability cover through Brighter Super will go up across all occupational ...

Aware Super deepens TAL relationship

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
Aware Super has expanded its mandate with TAL, with the insurer to now provide cover to VicSuper members as well. To date, VicSuper members' group insurance has been provided by MetLife and Aware Super's by TAL. However, members have been informed that ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
Former financial adviser John Wertheimer pleaded guilty to charges surrounding unauthorised client transactions in Perth Magistrates Court. Wertheimer pleaded guilty to one charge of providing a financial service on behalf of a person who carries on ...