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Showing 71 - 80 of 1464 results for "Light"

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... to act efficiently, honestly and fairly. It was during the 2018 Hayne Royal Commission that the egregious conduct came to light, forcing AMP to report the issue to ASIC and to rectify the issue. Justice Hespe described the conduct as "very serious, wrongful ...

UBS outlines new operating model, leadership

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... banking industry. "Together we will solidify and represent the Swiss model for finance around the world, one that is capital-light, less reliant on taking risk and anchored by stability and high-touch service," he said. "This transaction will allow us ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
Australia's inflation rate, expected to fall from 6% now to 2.75% by 2025, shines a light on Australia's government interest payments and with it, Australia's relative debt position. At June end 2022, there was $895 billion in Australian government ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... only be able to catch out the most egregious examples of greenwashing. That's not a reason to hit the amber or the red light - we should be going after the egregious examples at the same time as we put the work into the taxonomy." The funding forms ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
Australian Retirement Trust is reducing fees across a range of its investment options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1 ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... only be able to catch out the most egregious examples of greenwashing. That's not a reason to hit the amber or the red light - we should be going after the egregious examples at the same time as we put the work into the taxonomy." Jones also indicated ...

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... 191 in 2021 to just 87 in 2022. The report also noted that the number of upcoming listings on the ASX appears "bleak". In light of these concerns, the FCA has proposed further revisions to listing rules. This includes consolidating the existing 'standard' ...

Lazard to reduce workforce by 10%

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2023
... will incur an additional US$95 million in expenses. The cuts will occur across all businesses, with the decision made "in light of the current environment," it said. As of December 2022, Lazard employs close to 3500 globally. "The first quarter was marked ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... he explained. "This marks a very striking change to previous years, with international equities flows being exceptionally light in the year to date, with investors continuing to take a cautious stance towards equities more generally in preference to ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... financial adviser numbers are at their lowest in almost two decades, with a net 3250 (17.3%) exiting the sector last year. In light of dwindling adviser numbers, Jones stated the importance of finding a way to better deliver information and advice to ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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Jason Huljich

JOINT CHIEF EXECUTIVE OFFICER
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A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
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