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Super, ASIC beneficiaries of advice challenges: HearingBY JAMIE WILLIAMSON | FRIDAY, 30 JUL 2021 12:30PM
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
Read more: ASIC, Synchron, Andrew Leigh, APRA, Easton Investments, Jason Falinski, Michael Harrison, Nathan Jacobsen, Royal Commission, Tim Wilson
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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