ANDREW MCKEANMacquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 years.
KARREN VERGARAAustralia's top advice associations are eagerly anticipating meaningful and swift changes to take place under new financial services minister Daniel Mulino, optimistic that critical reforms in the Compensation Scheme of Last Resort (CSLR) and Delivering Better Financial Outcomes (DBFO) will be prioritised.
JAMIE WILLIAMSONThere was 54 data breaches reported to the Office of the Australian Information Commissioner by financial services organisations in 2024.
ELIZA BAVINFrom July 5, Cbus members will pay higher insurance premiums for death and TPD cover.