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Showing 61 - 70 of 15630 results for %22Industry%22

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... implementation - such as our processes and guidance. This includes a number of informal discussions with some in the industry." Kirkland said this would likely mean there will be a significant uplift in the operations of several industry participants. ...

ASIC bans Queensland financial adviser

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... they were invested". ASIC also found that Rose was not a fit and proper person to participate in the financial services industry because "his dishonest actions showed serious incompetence and irresponsibility, and that he is likely to contravene financial ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2024
... returns," Lombard Odier Asia regional head and global head of strategic alliances Vincent Magnenat said. "According to industry estimates, the transition to a circular value chain for plastic packaging represents a potential US$1 trillion global economic ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
The financial advice industry will be forced to pay $18.5 million to fund the Compensation Scheme of Last Resort's (CSLR) first year of operation, drawing outrage from the sector. The government released its estimates for the first and second phase ...

ASIC extends ETF class order

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... need to seek individual relief from ASIC, as well as increasing the overall competitiveness of Australia's managed fund industry". Cboe also agreed that it supports the relief being extended to five years and expiring on 1 April 2029.

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... citizens. "Mistakes will be made, and they will have important implications for the evolution of AI, the structure of the industry and the cash flow earned by investors. Implementing a rigid and complex regulatory framework is likely to impose excessive ...

UK manager recruits Australia head

ELIZABETH FRY  |  FRIDAY, 15 MAR 2024
... investing." "We believe this investment style is set to be a defining development for the US$60 trillion fixed-income industry." BlueCove was launched six years ago by Hugh Willis, co-founder of BlueBay Asset Management and Alex Khein, former chief executive ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... merge, more mega funds will be created and, by 2028, Mercer expects there will be about 12 mega funds dominating the industry. In the coming decade, it expects the total number of superannuation funds to have halved and, over the longer term, the industry ...

Selfwealth expands leadership team

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... new leadership team, I look forward to better serving our customers and taking advantage of the potential market and industry opportunities that the prevailing environment presents."

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... for a review. ASIC deputy chair Sarah Court said independence is fundamental in protecting the integrity of the SMSF industry. "SMSF auditors should carefully consider their structure and any services provided to audit clients to identify and evaluate ...