Major ASIC project finds serious financial advice concernsBY ALEX BURKE | FRIDAY, 17 MAR 2017 1:09PM
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years.Read more: ASIC, Australia, CBA, Macquarie, ANZ, Association, Australian Bankers, Financial Advisers Register, NAB, Open Advice Review, Peter Kell, Wealth Management, Westpac
Australian and US sophisticated investors partnered to acquire a suite of large-scale multifamily real estate assets in the US.
Custodians and responsible entities of managed investment schemes with asset holding requirements are falling short of ASIC expectations, showing generally poor levels of understanding and compliance with Regulatory Guide 133.
Global equity index provider MSCI will add China A shares to two of its indices starting June 2018.
The New South Wales Government's infrastructure fund is forecast to hit $14.8 billion by the end of this month, Treasurer Dominic Perrottet announced in yesterday's budget.
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