Editor's Choice
T. Rowe Price appoints local operations chief
T. Rowe Price, the global asset manager with over US$1.3 trillion in assets under management, has appointed a regional operating chief who will relocate to Sydney from the London office.
Vanguard backs current performance test
Vanguard has endorsed the current performance test methodology in a submission to Treasury, championing its effectiveness in eliminating underperforming investment options and improving member outcomes.
Sequoia chair steps down
The chair of Sequoia Financial Group, John Larsen, has resigned from the position and his replacement has been appointed.
Court approves $16m DASS settlement
The Federal Court has approved the settlement reached in the $16 million class action brought against Dixon Advisory & Superannuation Services (DASS) following a two-week delay.
Further Reading
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Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
As a provider of professional indemnity insurance to AFSL Holders across Australia the govt. needs to recognise the short comings of the current regulations regarding protection for investors in Australia. To maximise investors protection ASIC needs to firstly "police' effectively the AFSL Holders and the many hundreds not licensed who should be, and then establish a minimum sum of insurance required (which doesn't exist currently) and then provide a formula to establish a formula that each AFSL Holder has to carry. There also needs to be minimum standards of terms and wording so as to maximise the investors protection.Any foreign CCIV companies must have PI insurance meeting the required standards and enforceable under Australian law to the "required values"