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Showing 871 - 880 of 5967 results for "Second"

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... ordered an audit of a financial adviser who carelessly recommended a client switch superannuation funds. Releasing its second determination since it launched, the FSCP said the unnamed adviser, only referred to as "Mr. M", recommended that a client move ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
Among other companies to confirm their involvement, a second US pension fund has notified members their personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The Australian Law Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... incorrect application of legal professional privilege to tens of thousands of potentially incriminating documents. And second, the conspicuous failure to report a serious breach of confidentiality when PwC had a legal obligation to do so," the report ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
... million acres of grazing pastures and forests in Northern Australia, said Gunn Agri Partners founding chair Bill Gunn. "Our second strategy, focused on row crops is fully deployed and has recorded above target returns to date," Gunn said. "Our permanent ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
Dexus has copped a $1 billion loss across 175 of its 182 assets, equating to a 6% drop in value. The real estate asset group said as of 30 June 2023 an external independent valuation calculated a 6% drop on prior book values for its 32 office properties ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... competitive environment for customers." ANZ commented that it expects the completion of the acquisition to occur in the second half of the calendar year 2023.

ETF explainer: Understanding their structure

ANDREW MCKEAN  |  FRIDAY, 16 JUN 2023
At the Financial Standard Technical Services Forum, Betashares associate director Gavin Montgomery explored the unsung structural aspects of ETFs. It's no secret ETFs have experienced growing popularity, especially among financial advisers. The ...

Graduates confident about finance career prospects

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... 75% of local graduates are confident in their career prospects, up 10% from 2021. Those seeking a role in finance are the second-most confident, with 19% saying so, followed by those with IT and telecommunications qualifications at 17%. Interestingly ...

Infratil buys Brookfield stake in telco business

CHLOE WALKER  |  THURSDAY, 15 JUN 2023
... Zealand (One NZ) to infrastructure investment company Infratil. The deal has increased Infratil's ownership of the country's second biggest mobile market operator to 99.9%. It funded the purchase through a NZ$850 million equity raising. "Beyond One NZ ...