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Showing 901 - 910 of 6247 results for "December 2007"

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
Minister for financial services Stephen Jones has met with independent reviewer Michelle Levy to discuss the ongoing review. In a statement, Jones confirmed he has met with Levy and supports the review continuing under its current Terms of Reference. ...

Sue Brake to leave Future Fund

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
Future Fund chief investment officer Sue Brake is leaving the sovereign wealth fund for family reasons. Brake has been chief investment officer of Future Fund since December 2020 but has acted in the role since July 2020. Prior to that she was deputy ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
Less than half of the financial advisers who sat the exam in May have passed, results show. The May sittings represented the 17 th since the introduction of the exam and saw 496 advisers attempt it; 72.2% of which were resitting the exam for at least ...

ISPT appoints investment manager

CASSANDRA BALDINI  |  MONDAY, 20 JUN 2022
Industry Super Property Trust has appointed Zoe Ferrari as its newest investment manager based in Canberra, saying the hire reflects an ongoing commitment to the nation's capital. Ferrari joins a growing team and will be working alongside senior ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
A new study has shown that Australian financial service companies are expected to spend more than $3.6 billion on financial crime compliance in 2022. Yesterday LexisNexis Risk Solutions released the first Australian edition of its true cost of compliance ...

VFMC names new executives

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
The Victorian Funds Management Corporation today announced the promotion of Lucy Carr, who will be its new chief operating officer and the appointment of chief finance and risk officer Paul Shanley. Carr has been VFMC's chief risk officer since ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Russia's invasion of Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would ...

ASIC succeeds in application to liquidate Ascent

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
ASIC has succeeded in its application to liquidate Ascent Investment and Coaching Pty Ltd after suspecting it was operating without a licence and falsified financial records. ASIC made an application to the Federal Court in March to wind up Ascent and ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ...