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Showing 861 - 870 of 4503 results for "Case"

Affordable housing super's Achilles' heel: Weaven

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
Appearing at the Conference of Major Super Funds (CMSF), industry stalwart Gary Weaven said he expects the super sector will struggle with the national homelessness crisis and lack of affordability over the coming 30 years. Speaking on a panel discussing ...

ClearView Wealth appoints rehabilitation manager

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
ClearView Wealth has appointed Alicia Edwards to the newly created position of rehabilitation manager. Before joining she was a senior rehabilitation consultant at OnePath Zurich and also held a number of roles at Konekt. Edwards will be responsible ...

Casey Thompson joins First Super board

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
Casey Thompson has joined the board of First Super, replacing longstanding trustee Frank Vari. First Super chief executive Bill Watson thanked Vari for his service to fund members and welcomed Thompson as a trustee. "Casey Thompson is an outstanding ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... in the context of total and permanent disability (TPD) insurance. The Financial Services Royal Commission examined several case studies of egregious conduct in which physical surveillance and non-disclosure investigations were improperly used. In response ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
Future Fund assets slipped almost by 5% to $194.4 billion from its $203.6 billion December peak. The Australian sovereign wealth fund reported a 3.1% drop in its return for three months to June and a 1.2% decline from $196.8 billion over last year. ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... risks and protections must be made clear to investors. We expect brokers to do the right thing by their clients." In the case of possibly misleading statements about cost, Press said: "We are concerned that 'zero brokerage' claims may not be true to ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... serious departure from reasonable standards of performance of advice." ASIC deputy chair Sarah Court said ASIC took on this case because of concerns that personal advice was being provided without the relevant legal protections, and consumers were being ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
Total assets under custody in Australia dropped by more than 8% in the six months to June end, with some custodians seeing declines of more than 10%. The latest data from the Australian Custodial Services Association shows total assets under custody ...

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
Unlicensed foreign exchange trader Daniel Farook Ali has faced the Brisbane Magistrates Court charged with eight counts of fraud, after being extradited from Poland and arrested following an ASIC investigation. The corporate regulator alleges that between ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Treasurer Jim Chalmers and employment minister Tony Burke said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June ...