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Pengana takes WAM feud over PIA to Takeovers Panel
Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.
ASFA welcomes Rest executive to C-suite role
ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.
WT Financial takes majority stake in TNT Advisor
WT Financial has acquired a 70% stake in paraplanning provider, TNT Advisor Solutions (TNT), for $2.4 million.
State Super announces new board appointment
State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.
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Featured Profile
Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
The continuing lack of common sense & accountability & responsibility never ceases to amaze me. Here is the Lead person for ASIC again as a prime example. If you are an authorised rep under an AFSL - the AFSL already has to ensure that you meet all of your ongoing CPD/Training & have to be fit/proper for purpose - otherwise WHY are the AFSL's licencing them in the 1st place ?
Another beautiful "handball" too about the exam - yes we are responsible for administering it, but we have nothing to do with the format or what is in it - i.e. Not My Problem !!! And Stephen Jones wants to hire an extra 8,000 public servants.
If you are an authorised representative under an AFSL and registered on the Financial Adviser Register - ASIC should simply be able to "copy and paste" the list to FCSP - this should be a "No Brainer"