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Showing 801 - 810 of 4167 results for "Action"

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... believe that the simpler and easier super is for our members to understand and access, the easier it is for them to take action and improve their retirement outcomes," Doyle said. "This proposed agreement with Link Group aims to support our objectives ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... the unsolicited calls involving financial products. ASIC strongly advocated for these reforms and will continue to pursue action in the court where we see a disregard for these laws." The charges brought against National Advice Solutions relate to the ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... deficiencies," he said. In response, ASX managing director and chief executive Helen Lofthouse said the exchange is "progressing its action plan to address the recommendations from this independent report". "In relation to CHESS replacement, good progress ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... companies. It is conceivable, for example, that a successful criminal prosecution of a partner may lead to follow-up civil action against their partnership," they added. "Similarly, criminal action against a specific director could lead to follow-up ...

Magellan profits down 67%

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
After a period of turbulence, Magellan reported statutory net profit after tax of $83.8 million for the second half of 2022 - down 67%. The group reported the drop to the ASX this morning, though did declare an interim dividend of 46.9c per share, 85% ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... own benefit. As ordered by the Federal Court, CBA will need to mediate this issue by 13 October 2023. The second class action relates to fees charged by the FirstChoice Fund. CFSIL, as trustee, allegedly acted unconscionably and breached its duties and ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... ensuring workplaces are fair and equal for all Australians. "These amendments will boost transparency, accountability and spur action to accelerate progress on gender equality in workplaces," she said. Likewise, Aware Super chief executive and Workplace ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... definitions and lots of people will lose money in the meantime." Both Super Consumers Australia and CHOICE agreed that action must be taken to improve the regulation of advice but said reforms must be practical and not so radical that they undermine ...