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Former industry fund chief in new role
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ECB cuts rates for second time
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year.
Future Fund restructures investment leadership
The Future Fund says it is restructuring its investment team to meet the shifting dynamics of the current environment.
Managers struggle to secure positive net flows in FY24
A minority of investment managers have had positive net flows over the past year, according to Rainmaker Information.
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Featured Profile
Daniel Farmer
CHIEF INVESTMENT OFFICER
MLC ASSET MANAGEMENT PTY LIMITED
MLC ASSET MANAGEMENT PTY LIMITED
Dan Farmer has been chief investment officer of MLC Asset Management for a little over two years now, and after spending 17 years at TelstraSuper and 12 years with IOOF, it's safe to say he's in it for the long haul. Eliza Bavin writes.
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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"