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Showing 801 - 810 of 7369 results for "System"

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... stronger laws to ensure millions of Australians were paid their super. "Paying super on payday will modernise the super system and should hugely reduce underpayments. It's an excellent example of reform to benefit super fund members, which will make ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... heightened financial risk globally. "Over recent years, APRA's size and responsibilities have increased as the financial system has grown in scale and complexity. The interconnected nature of our digital environment means shocks travel across countries ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
Former financial adviser Ben Jayaweera will spend the next 12 years behind bars after he was found guilty of fraud again. Jayaweera was sentenced in a retrial at the Brisbane District Court yesterday after he was found guilty of 28 counts of fraud amounting ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... services during a crisis event, intended as a last resort where financial failure threatens the stability of the financial system. "The funds allow the Reserve Bank to step in to resolve the business of the clearing and settlement service; the funds ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... Wealth Services (TWS) business was tipped to cost $22 million. This essentially replaced EQT's core client portfolio system, brought together clients from TWS and AET onto one new platform, and integrated with HUB24, which is the custody provider ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... directors who are found not to be fit and proper. This is an important protection for consumers and we would like to see this system used in Australia."

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... across Australia's markets. "The integrity of our markets is fundamental to maintaining trust in Australia's financial system which is core to ASIC's remit," Longo said. "Trust in the financial system and markets means greater confidence which means ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
... highlighted cost efficiencies from the completed migration of Bell Potter Securities clients to a third-party platform's clearing system, resulting in over $2 million in annual savings. Funds under advice grew at an 8.1% compound annual rate over the ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... the external independent financial adviser (IFA) market. "We have proven the capability of our platform administration system which is comfortably coping with the different requirements of external IFAs. Auxilium platforms for superannuation and non-superannuation ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... Bastiaans said "the upside benefits to the government, stakeholders, and members in understanding how the superannuation system is delivering member outcomes is certainly worth the effort and expense."