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ASIC pushes to bolster competitiveness
|The regulator has hosted a roundtable with financial services leaders to encourage competitiveness, as it fears Australia is falling behind its global peers.
Euroz Hartleys sells capital markets arm to Canada's BMO
|Euroz Hartleys has sold its capital markets business to Canada's BMO Financial Group (BMO) for $145 million in an all-cash deal.
ETF adoption hits 'meaningful threshold' among SWFs
|Nearly 40% of sovereign wealth funds have an allocation to ETFs, a new report from Invesco shows, underscoring their expanded roles among institutional investors as their rate of adoption hits a "meaningful threshold".
Super system to hit $12.4tn by 2045
|Australia's superannuation system is forecast to triple in size over the next two decades reaching $12.4 trillion by 2045, as sustainable retirement outcomes become the sector's defining challenge.
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Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
Allowing beneficiary members of the Class Action to have a second bite at the compensation trough is wrong. To get to the CSLR the matter has to be an unpaid determination from AFCA.
The EDR schemes were set-up to provide a non-court based avenue for compensation and have been hi-jacked by the ambulance chasers. AFCA's own Terms of Reference effectively ban those who have negaged in legal action from accessing the scheme, but in their usual "the Rules don't apply to us if we feel like it" approach clients of DASS will have a second go at compensation funded by industry particpants that had nothing to do with the fund failures and through a scheme that is using retrospective legislation to include them.
Just another anti-adviser attitude.