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TCorp reorganises investment team
In pursuit of a new operating structure and "simpler portfolio environment", TCorp has created four new investment roles and will farewell its head of portfolio construction and head of portfolio delivery.
Major themes to watch in the ETF space
Speaking at the inaugural Future Investing Forum, experts shared their thoughts on what to expect from the ETF market over the next 12 months.
UK forewarns Australia on wholesale test changes
After recently backflipping on changing its high-net-worth investor (HNWI) tests, the UK serves as a cautionary tale for Australia as it mulls overhauling its own wholesale investor thresholds.
Jim Lamborn retires from JANA
Jim Lamborn has retired from the asset consultant after more than two decades on its leadership team.
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
I agree that lifting education standards of individuals is also not the sole solution to all the issues facing the industry at present. The companies and their ongoing compliance regimes (or lack of) also let down consumers.
The article also talks about a quality review program which really should be in place in order to adhere to their AFSL obligations. Maybe a national standard with greater guidance and adherance should be considered, ie AFSL lodging annual reports of their ongoing quality review regimes?
This could help demonstrate accountability by the AFSL's, how often they review their advisers, and eloborate on corrective action whereby they have made an adviser write to a client about a breach that was identified.
All the industry bodies, associations, investigations etc continue to ignore the main reason for all the shonky behaviour: senior management.
Now we have the ex-CBA boss running the investigation into financial services - talk about putting Dracula in charge of the blood bank! As if he will come down hard on his buddies: what a slap in the face of consumers.
Yak yak yak about "training" and "education" - they are important but have very little to do with what these groups do to their customers.
Shame on the government and the pathetic industry bodies.