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Showing 61 - 70 of 2091 results for "Finding"

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... account information displayed by the bank and were charged fees that were inconsistent with that information." The judicial finding specified that ANZ failed to accurately clear deposits in these credit card accounts. The 'Available Funds' displayed ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
Many large licensees are failing to proactively remediate clients in a fair and timely manner, operating under a framework that lacks appropriate oversight and accountability. ASIC measured large licensees against standards in Regulatory Guide 277 Consumer ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... government's plan to create a national skills passport to assist workers in promoting their qualifications and businesses in finding skilled workers. The passport could potentially combine a person's qualifications across VET and higher education. ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. ...

TAL offers super funds financial literacy tools for employers

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
TAL is introducing a new financial literacy hub for its superannuation fund clients, as they look to offer more value to their employer partners amid the cost-of-living crisis. According to new research from TAL, about 25% of employees are experiencing ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... our overall product offering will deliver better outcomes." "Backing advisers is a big part of our 137-year history, and finding ways to offer better discounts and value for customers is one of the ways we're continuing to do that," Downey said. ...

Boards must crack down on cybersecurity: ASIC

CASSANDRA BALDINI  |  TUESDAY, 19 SEP 2023
The regulator has warned it will take action against boards and directors that neglect cybersecurity risks, saying to do so could result in non-compliance with regulatory obligations. ASIC chair Joe Longo said cybersecurity and resilience are not merely ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... addition, RIAA's report also broke down assets under management covered by seven named responsible investment approaches, finding that $790 billion of AUM is covered by corporate engagement and shareholder action, ESG integration on $783 billion and ...

AI to revolutionise investment industry: Research

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
The investment industry's digital transformation will be accelerated using artificial intelligence (AI) and big data, both of which stand out as some of the most influential factors in coming years. The CFA Institute's Research and Policy Centre's ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... assets in order to help clients identify investment opportunities with strong risk-adjusted returns," she says. "We're finding that capital raising takes much longer; it requires more flexibility and patience. People often lack the technical investment ...