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| | | ... Peters will also take a spot on the board as managing director. Clifford, Elizabeth Norman, and Andrew Stannard will step down once Peters' start date is finalised. Clifford remains in the roles of co-chief investment officer and co-portfolio manager ... |
| | | | The Federal Court has slapped ANZ with a $900,000 fine for breaching its continuous disclosure laws about eight years ago. In October, the court found the banking giant had contravened continuous disclosure laws by failing to tell the market its underwriters ... |
| | | | ... previously licensed with EP Financial Services. The panel found Anderson to be insolvent under administration and handed down the registration prohibition order as it was "satisfied that there is a real risk of harm being caused to the public's confidence ... |
| | | | ... accessed. NGS was adamant its systems were only accessed for a short period. At the time, NGS Super said its network was shut down immediately and an investigation was commenced, alongside comprehensive cybersecurity protocols and enhanced network monitoring. ... |
| | | | ... Gender Equality Agency's (WGEA) latest scorecard, which assessed 4.82 million employees, the remuneration gender gap trended down 1.1% year on year, the largest drop since it collated data in 2014. On paychecks, it means that for every $1 men earn in ... |
| | | | ... on reducing unnecessary processes, paperwork, and compliance steps. "Rather than fixing the red tape to get consumer costs down, the government appears to be handing back to institutions the right to hire minimally qualified salespeople, who call themselves ... |
| | | | In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ... |
| | | | ... funds with opportunities to make significant investments in their products, services, and member experiences as well as drive down costs per member." It also highlighted the impact of regulatory change, pinpointing fund stapling. "These changes usually ... |
| | | | ... historically considered 'low-risk' by textbook definitions, including the Morningstar Australia 10+ Yr Treasury Bond Index which is down -36.8% from 31 December 2020 to 15 November 2023," it said. The report also noted opportunities exist at the shorter ... |
| | | | ... of its banking and wealth management ventures in Australia and New Zealand. Further, she thanked McKenzie, who will step down at the end of the month, concluding both her roles on the AMP and AMP Bank boards after three years of service. "I would like ... |
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