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Showing 71 - 80 of 295 results for %22Australian Financial Institutions Group%22

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... renewal notice obligations, focused on whether the fee disclosure documents, provided by 30 randomly selected Australian financial services licensees, provided to clients complies with the law. The regulator required the licensees to produce samples ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... "As practising advisers, we took the view that the two most recognised bodies representing advisers, the Australian Financial Advisers Association (AFA) and the Financial Planning Association (FPA) did not truly represent the views of advisers to Government," ...

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... committee for a two day hearing in Canberra in November as part of its ongoing review of the four major banks and other financial institutions. Other funds set to appear include Suncorp, Nulis Nominees Australia and Rest. IFM Investors, Industry Super ...

Big Super Day Out success, but more to be done

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
... reunited with their Indigenous owners is a great outcome," Young noted. The success of the Big Super Day Out comes as the Australian institute of Superannuation Trustees calls for more work to improve Indigenous super outcomes. Releasing its Indigenous ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... with LUCRF Super and Club Plus. The brokers involved have been reported to be CMC Markets, IG Markets and CommSec. Australian Federal Police and ASIC conducted investigations into the syndicate's activities for over a year. Working as part of a syndicate ...

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... morning. "The $22 billion is in part due to growth in industry funds. We have also offered our capabilities to non-Australian investors for eight or nine years now and they have decided to re-up or invest most through us in the past year," Himbury said. ...

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... more important role than ever to play. "It's no longer just a choice of who offers the best price and features; Australian consumers are seeking financial institutions they can trust," Baltazar said. Baltazar presented the awards along with Money ...

Fund manager hires new institutional head

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 JUN 2019
... knowledge in multi-asset investing." "We are delighted to welcome her to the team. We have a long, proven track record in Australian equities. Institutions also like the fact that Ausbil has embedded one of the leading ESG research teams in its operations." ...

ASIC appoints receiver for derivatives issuer

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... adequacy of its reconciliation reports. The regulator also purports that Berndale client monies were held outside of Australian authorised deposit-taking institutions in breach of legal requirements. ASIC, Berndale and its related parties appeared in ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... Hanson bill looking to forcefully separate deposit taking banks from wealth management and investment banking, the Australian Banking Association (ABA) has weighed in, telling the committees Australia's banks should be able to return to the model in ...