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Showing 801 - 810 of 6575 results for "Review"

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
The board of the Compensation Scheme of Last Resort (CSLR) estimates $241 million will be needed to fund claims lodged with the Australian Financial Complaints Authority (AFCA) between November 2018 and September 2022. The CSLR is set to begin receiving ...

Loftus Peak to take over Orca fund

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... or expenses, it added. In early 2023, the Orca Asia Fund and Orca Global Fund were both wound up following an 18-month review process which included an attempt to sell the funds.

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... partnership with Prime Super. The big four bank decided to close its Asset Servicing business by 2025 following a strategic review and mandate losses. "Prime Super's focus on members has been the driving factor in the appointment of our new custodian ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
The Financial Advice Association of Australia (FAAA) expressed concerns about Treasury's proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms. Currently, advisers must produce an annual ...

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
On completion of Australian Equities reviews, Morningstar upgraded its ratings for three share classes across three strategies and downgraded 10 share classes across 10 strategies. Realindex Australian Share Value Class A was called an excellent choice ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... auditors had in picking up on fraudulent documents prepared by Caddick and provided ultimately to the auditors for their review," he said. Upon completing its role in the receivership, Chapman began examining the prospect of a claim against the auditors ...

AustralianSuper in talks to extend administration services mandate

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... expertise of our internal team to provide additional support during these challenging times." AustralianSuper will continue to review and uplift its broader administration and member service model with the support of strategic partners, including Link ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... classified as a contribution. Meanwhile, Ashenden noted that while the government's updates on the Quality of Advice Review, including provisions for superannuation funds to provide advice to members, bring some clarity, the impact and effectiveness ...

Former AMP adviser banned by ASIC

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... banning orders against Mink, who subsequently challenged these decisions at the Administrative Appeals Tribunal, seeking review and confidentiality orders. However, earlier this month, Mink retracted his application for both stay and confidentiality ...