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Super fund risk culture "immature": APRABY ELIZABETH MCARTHUR | FRIDAY, 28 MAY 2021 12:30PM
APRA executive director, superannuation division Suzanne Smith has warned superannuation funds that the regulator is looking out for toxic corporate culture and instances of misconduct.
Read more: APRA, Suzanne Smith, Supervisory Risk, ASFA Spotlight, Compliance
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After four months of due diligence, the two super funds have confirmed they will merge before the end of the year.
The $179 billion sovereign wealth fund has promoted internally to appoint a deputy chief investment officer for portfolio strategy.
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.
The Sydney multi-boutique has appointed a Queensland-based distribution director, hiring from GSFM.
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