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Showing 801 - 810 of 6398 results for "INFORM"

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The banking giant was found to have engaged in unconscionable conduct in the interest rate swap case borne out of AustralianSuper and IFM Investors' acquisition of part of Ausgrid in 2016. In October 2016, Westpac engaged in pre-hedging of an interest ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
From tomorrow, Australian companies with 100 or more staff must publish the median pay gap between their male and female employees. While it sounds simple enough, some experts believe corporates are not prepared for what's to come. The Workplace ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
Interest rates will continue to be a driving force behind client conversations in 2024 as financial advisers remain agile regardless of whichever direction they will go. The rapid upward trajectory of interest rates - from 0.10% in April 2022 to today's ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
Australian Ethical is transitioning its administration to Grow Inc in 2024, while also aspiring to accelerate growth in response to an increasing preference for ethical investments, says chief executive of superannuation Ross Piper. In an interview ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
ME Bank has been fined by the Federal Court after it was found to have provided inaccurate information about its home loans to customers. The matter, prosecuted by the Commonwealth Director of Public Prosecutions, followed an investigation and referral ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
Macquarie Capital, as part of a consortium, is attempting to take over a global software and technology company for about $1.5 billion. The consortium that also comprises Stirling Square Capital Partners and TA Associates via Giant BidCo want to acquire ...

J.P. Morgan pays US$18m over whistleblower rule breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2024
The investment giant was in hot water for blocking hundreds of retail clients from reporting potential securities law violations by having them sign confidential release agreements when receiving credits or settlements more than US$1000 ($1518). The ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... consultation process for this exposure draft instrument is now open, allowing stakeholders to submit their views, which will inform the regulators' advice to the minister. Treasury has assured that all submissions, including confidential ones, will ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
Super funds with more than $5 billion in assets under management will have to report on the financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
The financial advice industry started the new year with 15,650 advisers, holding relatively steady compared to this time last year. Rainmaker Information's tally of qualified professionals has decreased 1% year on year - a net loss of 214 advisers. ...