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Showing 901 - 910 of 4166 results for "Action"

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
... resulted in adverse findings against their licensee by the Australian Financial Complaints Authority; CPD compliance; and action taken by professional associations. "It is proposed that isolated incidences of minor misconduct would not be sufficient ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... comprehensive gender pay audit a top priority, as it allows organisations to identify the extent of the problem and take action to solve it. "Pay audits result in a greater understanding of recruitment and renumeration biases, which lead to the gender ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
Six of the largest financial institutions have paid or offered a total of $3.6 billion in compensation to consumers over fees for no service and non-compliant advice. The new stats come as the Financial Planning Association of Australia calls for an ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
ASIC has released its corporate plan, outlining strategic priorities and its course of action for the next four years, with a particular focus on the retirement sector. The regulator highlighted four strategic priorities. One of its primary focuses ...

Females, millennials lead the way in SMSFs: Class

CHLOE WALKER  |  WEDNESDAY, 17 AUG 2022
... retirement by giving them more choice and flexibility." She added that the report sends a positive message that women are taking action to create more financial freedom for themselves and looking for ways to get ahead. "It's great to see the rise in ...

CSLR establishment is critical: FPA

CHLOE WALKER  |  FRIDAY, 12 AUG 2022
... remediation. However, the CSLR has not yet been established, and FPA chief executive Sarah Abood has called for immediate action. "The CSLR needs to be urgently established, yet the drafting we saw in the previous term of government, which lapsed in ...

Government to review adviser professional standards

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... the government to ensure the consultation process is targeted and efficient, and we are keen to see swift and decisive action by the Minister giving the profession certainty on these standards."

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... filed against it in Federal Court. Three are in relation to superannuation products while another superannuation class action was settled in June. Other matters include class actions related to financial advice, an action in the US over BBSW, another ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... started with 10,000 and if you just invested $250 a month, it would be presumably $2.46 million, its diversification in action. "Despite shorter-term market shocks that we might experience, what the index chart time and again proves diversification over ...