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Showing 91 - 100 of 2377 results for "Institutions"

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... has increased. And consumer outcomes have not improved." CHOICE was pleased with how the government omitted large institutions from providing advice for the meantime. "The recommendations that would have slashed consumer protections for advice provided ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... removed. The exception to conflicted remuneration rules for agents or employees of Australian Authorised Deposit-Taking Institutions (Recommendation 13.5) will also be removed. Life, general and consumer credit insurance commissions (Recommendations ...

Advisers outsourcing to amplify investment capabilities: Mason Stevens

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... regulated, highly complex, and expensive, the outsourced chief investment office (OCIO) model is gaining traction among institutions and advisory firms. Research by Cerulli found the growing OCIO trend among institutions was underpinned by a range of ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
... by companies - what he called governance, greenwashing and the growth of sustainable finance. Longo noted that for institutions "it's not a question of 'shareholder returns or ESG', but of shareholder returns with ESG. Rather, it's a question of fair ...

Zurich, InterPrac, Sequoia back pro-bono advice

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... deliver pro bono advice to individuals living with personal health issues. Through the partnership, the financial institutions will work with the not-for-profit to assist individuals suffering from serious illness or disability. Zurich said its life ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... private market business." Borysiewicz said MLoan has particular appeal to Australia's private wealth market. "Large institutions with big ticket sizes have played in the private credit space for years, domestically and globally, but if you're ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...

Former industry execs launch analytics firm

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... reductions. Working in partnership with ClearGlass, Jefferson & Shea will offer the benchmarking tools to Australian institutions and feed local fee and costs data back into the platform. The firm intends to partner with selected super funds initially ...

Nuveen wins $190m super mandate

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... managing director and head of Australia Andrew Kleinig said this is the exciting start of four new partnerships with institutions looking to generate long-term income for their investees. "Against a difficult economic background, we see fundamental opportunities ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... different forms of advice over time. "Practices have the same issues with cost to serve of financial advice as large institutions and superannuation funds, so supporting all players to provide a service that 'nurtures" clients along the advice spectrum ...