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| | | Mudasir Mohammed Naseeruddin has been sentenced to four years and four months in prison following his guilty plea to charges of dishonest conduct and failure to discharge duties in good faith. Naseeruddin goaded investors to rollover their superannuation ... |
| | | | ... MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every Link share, which is inclusive of a $0.16 dividend. MUFG is paying a 33% premium ... |
| | | | ... super fund takes on internalising complex processes such as death claims and member complaints. Notably, AustralianSuper has today flagged that it will insource death claims management with a new Bereavement Centre and expand its complaints handling ... |
| | | | ... needed a middle ground that is affordable and accessible. The policy paper that the government and the FCA have published today will explore how we can achieve exactly that." In facing similar challenges, the Australian government handed down its first ... |
| | | | ... Financial Group has about $23 billion in funds under advice and $470 million of in-force premiums. This is across Wealth Today, Sentry Advice, Synchron, and Millennium3. |
| | | | ... immediately and an investigation was commenced, alongside comprehensive cybersecurity protocols and enhanced network monitoring. Today, APRA said the incident "involved a significant amount of data being lost." APRA said the decision to implement the ... |
| | | | ... RBA governor Michele Bullock said. "She will bring a unique and diverse perspective to the Bank and the leadership team." Today, Bullock and the RBA board agreed to a new Statement on the Conduct of Monetary Policy released by treasurer Jim Chalmers. ... |
| | | | ... make that a reality." With the the government's next phase of its Delivering Better Financial Outcomes package released today, CALI called for expanding the type of advice life insurers can provide their customers to help deliver the protection and certainty ... |
| | | | IFM Investors appointed a global head of product strategy and innovation, effective December 4. Today, the $215 billion global investment manager announced that Rekha Misra stepped into the role. Misra brings over two decades experience in the asset ... |
| | | | ... the Quality of Advice Review (QAR), saying the latest proposals could "wind the clock back five years" on the industry. Today, the government released its final response to the QAR, which included allowing superannuation funds to provide personal financial ... |
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