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Showing 941 - 950 of 6457 results for "Regulatory"

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
Choice products require a fairer regulatory framework as the current settings are heavily focused on default superannuation, putting advised clients with complex needs at a disadvantage, according to the Financial Services Council (FSC). A new report ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in the 2024 financial year, jumping 9% to more than 105,000. Preliminary numbers show scam-related complaints drove the surge, together with motor vehicle insurance ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
A former fund manager who went to jail for misappropriating client funds had an appeal quashed. The Queensland Court of Appeal has dismissed an application by Roger Munro against his conviction on three counts of fraud. Munro was sentenced to four and ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
... traditional growth stocks problematic... Secondly, we have the key drivers of the next generation, the fiscal responses and regulatory responses which will support resilient, inflation-responsive businesses and lower volatility companies and income streams ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... entities. The consultation paper is seeking feedback on proposals to implement the 2017 Council of Financial Regulators Regulatory Expectations for Conduct in Operating Cash Equity Clearing and Settlement Services in Australia as enforceable obligations. ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... dynamic between private and public markets, and we're very interested in getting feedback about what ASIC can do, how regulatory settings might change or be adjusted to encourage the activity that we're all interested in," Longo said. He added that ASIC ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Assistant Treasurer Stephen Jones announced this month a review to consider making temporary changes to the Corporations Act to allow hybrid and virtual-only AGMs permanently, a move which Wilson Asset Management chief executive Geoff Wilson said is ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... their books if they are proactive in managing seven key factors, Deloitte Access Economics says. Despite the enormous regulatory and qualification upheavals advisers experienced since the Hayne Royal Commission, the study found that opportunities abound ...

Treasury releases M&A draft reforms

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... the ACCC on whether an acquisition is likely to break the prohibition against anti-competitive acquisitions to manage regulatory risk, which is currently how most transactions are notified to the commission. Treasury said it is seeking feedback on the ...