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Adviser sentenced to eight years' prisonBY ELIZABETH MCARTHUR | FRIDAY, 9 OCT 2020 12:33PM
A financial adviser has been jailed over using clients' money to fund his lifestyle to the tune of $1.1 million, including $72,000 he spent on a boat, while licensed by AMP, NAB and Synchron.
Read more: Synchron, ASIC, NAB, Anthony Dick, Don Trapnell, GWM Adviser Services, Jigsaw Advice Services, Royal Commission, Townsville
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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