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Showing 861 - 870 of 3547 results for "October 2005"

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
According to the 2021 Edelman Trust Barometer, financial services is the least trusted industry in the world - losing even more trust during the pandemic. Global public relations giant Edelman has been assessing the public trust in various sectors since ...

ASIC to take targeted approach with PIP

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

Banks return $1.2bn for bad advice

ELIZA BAVIN  |  FRIDAY, 12 FEB 2021
Six of Australia's largest banks have paid or offered a total of $1.24 billion in compensation to customers, according to new ASIC figures. The funds have been returned to customers who suffered loss or detriment due to fees for no service misconduct ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
The best financial interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according ...

Northern Trust hires from Dimensional

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
Northern Trust's asset management business has added a senior institutional distribution manager, hiring from Dimensional Fund Advisers. Thakshi Wijesundara will be based in Melbourne. She reports to Northern Trust Asset Management's head of ...

Another glitch for the ASX

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australian Securities Exchange is experiencing more technical problems following a glitch that resulted in halted trading on ASX Trade in November. The ASX has notified investors and market participants of delays in market announcements, with the ...

Wingate appoints private markets head

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 FEB 2021
Wingate has promoted its current Asia Desk head to the role of head of private markets. Adrian Ting will step up to the new position, where he will be responsible for managing a national team of investor services directors responsible for engaging with ...

BT appoints risk expert

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
BT has hired a wealth management risk expert from MLC to oversee compliance functions across its platforms and operations. Caroline Guillot recently joined BT from MLC, taking on the title of head of risk platforms, investment and operations. Guillot ...

Shipton to leave ASIC

JAMIE WILLIAMSON  |  FRIDAY, 29 JAN 2021
Treasurer Josh Frydenberg has announced ASIC chair James Shipton will leave the regulator in the coming months, despite being cleared by Vivian Thom's review of ASIC Governance. Releasing the review findings today, Frydenberg said he and Shipton ...