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Equip Super awards custody mandate
Equip Super has selected a new custodian and back-office administrator to replace NAB Asset Servicing.
SMSFs' use of advisers plummets: Research
The number of self-managed super funds (SMSFs) using advisers has reached a new low, with the proportion of SMSFs using advisers falling to 23% from 27% in the past 12 months, according to a Vanguard/Investment Trends report.
Financial services firms concerned about attracting staff
New research from Robert Half suggests 74% of the finance industry is concerned about their ability to attract and retain staff.
ASIC issues experienced pathway guidance
ASIC has released new guidance for financial advisers who could potentially qualify as experienced providers and skip further education and training.
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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.
Why is it ok for litigation funders to get the premium in a payout but not the litigation funders in this case. It would appear the industry that is litigation funders has had ASIC do it's bidding for it. We can't have the little guy thinking he has a chance to self fund litigation. Once again the big end of town is protected by ASIC. Disgusted.
Who pays the Ferryman?
The ones in the boat rowing or the ones holding along line rope tied on the stern?
Please give us a break!. It was we who forked out our hard earned to pay the lawyers.
Our intention was to get our invested monies returned 100% if we won and a little extra invested as risk takers
That is what Litigation funders are. Risk takers pure and simple!!!
What is the matter with ASIC, first they approve the Storm Financial investment strategy, then they ignore the banks who financially backed the scheme, now when we put up the money to fight for our rights they are taken away, by ASIC. Why???
ASIC took the Macquarie bank to court last year claiming that they were fighting for us, yet there has been no decision by ASIC. Now we've taken the bank to court and funded the action ourselves and ASIC now have the audacity to take that away from us. Where is the legality in all of this? Our laws in this land are pathetic to say the very least, it's time that they were brought into the twenty first century instead of languishing in the dark ages. I'm disgusted and angry by this whole debacle.
In ASIC's own words, we are very cautious how we spend tax payers money. If that is correct why should they stick their nose into a privately negotiated out of court settlement agreed to by the Macquarie bank, investors & their legal team when they FAILED to prevent the debacle of Storm Financial's model in the first place then secondly FAILED to bring the offenders to justice.
Big end of town riding roughshod over the average Aussi again