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Showing 801 - 810 of 4964 results for "Practice"

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
The court case against Mercer Superannuation for allegations of greenwashing is "just one of the investigations on foot", ASIC chair Joe Longo said. "We will do what we need to do to make sure entities are not misleading the market" on greenwashing ...

NGS Super taps Robeco for major equities mandate

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2023
The new low-carbon, enhanced indexing mandate will see Robeco responsible for more than 20% of the super fund's international equities investments. NGS Super chief investment officer Ben Squires confirmed to FS Sustainability the mandate is for ...

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
At the annual Association of Superannuation Funds of Australia conference, financial services regulators detailed their top priorities, including cybersecurity threats and fraud in the super industry. At the ASFA conference, financial services regulators ...

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
ASIC is further clamping down on the ASX to ensure that it successfully comes through on replacing CHESS after botching its attempt to overhaul it with blockchain. Following Accenture's external review into the 25-year-old settlements system, ASIC ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
HUB24 has reported strong results for 1H23, with the financial services provider's funds under administration (FUA) growing to $73 billion. Platform FUA increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased ...

Support staff key to advice firm longevity: Report

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... deem this will play a role in their long-term success. In the coming year, just 15% plan to recruit a general manager or practice manager. But in this highly competitive marketplace, Business Health found that it is necessary for practices to review ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... incentives. Experienced advisers working for smaller firms ($127,313) are earning well below those working in a larger practice ($154,771). Similarly, those located in regional areas ($140,214) earn less than metropolitan-based advisers. In terms of ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... last year when it lost $146 million. It recorded revenues of $56 million, driven by impairments to the carrying value of practice investments in FY21 not being repeated ($18m), higher licensee fees ($15m), and growth in its equity investment portfolio ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... Framework are part of its efforts to support positive financial outcomes for First Nations consumers by communicating best practice engagement expectations to industry participants. "The financial services industry is well placed to continue the journey ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker ...