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Inflation hits 4.3%, RBA says it remains 'too high'
|Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS).
Cbus creates new role for legal operations
|Cbus has welcomed a legal specialist to join the fund in a newly created role of group head of legal operations and strategy, bringing relevant experience from regulators ASIC and APRA.
Dexus to pay $30m in legal bills for leaked airport data case
|The Supreme Court of NSW has ordered Dexus to cover close to $30 million in legal costs incurred by Melbourne Airport owner Australia Pacific Airports Corporation (APAC) and its shareholders, after the property giant lost a court fight over claims it improperly shared confidential data while trying ...
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David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







My understanding of the APRA requirements is that all information is pooled (so it is impossible to tell which fund holds which position) and the information is lagged. In this context, the issues of potentially front running hedge funds or giving away IP are so remote as to be ridiculous.
Seems to me it is just another case of some hedge funds wanting to be treated as if they were geniuses none of the rest of us should challenge. Good hedge fund manager will not ignore the world's 3rd largest and fastest growing superannuation market - the claim that we will be ignored seems self serving at best.
I suspect Bernie Maddof would have backed up AIMA's viewpoint.