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No one reads the PDS: ASICBY ELIZABETH MCARTHUR | TUESDAY, 15 OCT 2019 11:57AM
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes.
Read more: ASIC, AFM, Eva Scheerlinck, Australian Institute of Superannuation Trustees, Consumer Action Law Centre, Dutch Authority for Financial Markets, Essential Media, Productivity Commission
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Depression, Recovery, and the Risk of Time
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The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
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Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
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The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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