Editor's Choice
Early release of super scammers cop prison time
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500.
Super funds slash external mandates by 54%
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals.
ASIC tells super funds to 'step it up'
ASIC commissioner Simone Constant delivered a stern warning to super fund trustees.
Brookfield bids for majority stake in Neoen
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen.
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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.
Yes, the guidelines have to be robust, but not of a nit picking quality. Regulators need to be people who come from a proper financial services background, who are prepared to look at all sides of the arguments and are not associated with a particular political disposition.
I see too many failures right around.
The regulations should be applied in seeing all parties as one industry, offering various products.
That includes SMFs, Bank and Private financial planners, Industry Funds and also State Government Funds. There have been too many loopholes exploited by all of these. Unless the Governments concerned get together and recognise this, the clients will remain confused and disadvantaged.