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Showing 1 - 10 of 720 results for %22Resolution%22

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
The latest round of the internal dispute resolution (IDR) reporting regime saw 87% of small financial firms submit their data to ASIC. The deadline for the third round of reporting, which forced a total of 8600 financial services firms to submit data ...

Boutiques, quant funds shine among active funds

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... outflows, Morningstar research finds. MQG Investment Management, Metrics Partners, Real Investment Management, and Resolution Capital were among the standout active managers in the year to January, raking in inflows of $1 billion and over. Morningstar ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... AFCA helps financial firms to address systemic issues early, minimise complaints flowing through to external dispute resolution and improve industry practice."

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... complaints it believes unlikely to result in restitution. Sequoia said doing so might prejudice the ongoing dispute resolution efforts. Sequoia will pay an interim dividend of $0.02 per share, equating to about $2.6 million. This follows a special dividend ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... about the merits of the individual complaint and, if the decision is in favour of the complainant, what any financial resolution should be. These are complex matters that require careful consideration." DASS comprises AFCA's largest batch of complaints. ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... from retail protections, including Design and Distribution Obligations (DDO), bans of conflicted remuneration, dispute resolution mechanisms, and access to a compensation scheme of last resort under certain circumstances. "The FSC is urging the government ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... expertise in being able to go into company boardrooms, drafting something that's appropriate for a shareholder resolution, which has specific criteria in Australia." SIX notes that Australia's resolution requirements are some of the world's ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... consumption growth is weak, as is dwelling investment," she said. The prices of goods continued to ease reflecting the resolution of earlier global supply chain disruptions and a moderation in domestic demand for goods, she said. The cost of services ...

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
Clime Investment Management has avoided a board spill that was brought about by its former chair and a substantial shareholder. Major shareholder Torres Industries, which is associated with former Clime chair Don McLay, attempted to oust directors John ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... standards. Notably, ASIC has initiated civil penalty proceedings against TelstraSuper for not meeting internal dispute resolution standards, alleging the corporate fund failed to adequately respond to two in five complaints in a relevant time period. ...
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