Editor's Choice
Australian Retirement Trust people chief to depart
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.
SSGA loses $2.4bn in two months
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.
AFCA seeks industry feedback on approaches
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.
Apex, ACA partner to broaden client services
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
ASIC is taking an approach which puts them in the spotlight as a tough regulator. On balance they appear to be losing more court cases than they are winning at the moment.
So, for a self-identified and self-reported disclosure issue, Morningstar, much like a few of the other ones recently, gets dragged through the mud and ASIC gets a headline.
The regulators talk and talk about Risk Culture and fostering an environment of openness yet ASIC seems to be taking an approach which is contrary to all this. How many entities are now trying to find ways of not reporting given they know ASIC appears to have no tolerance for one-off minor breaches, which this appears to be?