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| | | Was it something I said? Yes sir, Mr. US Fed chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped ... |
| | | | Industry Super Australia has been forced to revise the modelling underpinning their calculations of the impact of the government's Early Release Scheme on retirement balances. An ASIC missive caused the peak body for industry superannuation to reconsider ... |
| | | | After ASIC issued a stark warning to people using retail broking services to try their hand at day trading, robo-advice services and financial advisers say this is why financial support needs to be accessible. ASIC observed an average of 4675 new identifiers ... |
| | | | An industry superannuation fund managing more than $10 billion has filled two c-suite roles vacated earlier this year. Statewide Super has appointed Deloitte risk advisory director Jason Muir as chief risk officer, and EY director Simone Dyda as chief ... |
| | | | Junk bonds, despite the unfortunate name, aren't the trash of the investment world, although in the current uncertain environment they sure could be. These credit products are issued by governments and companies, and offer higher rates of return ... |
| | | | The COVID-19 crisis may be the push superannuation funds needed as investment processes make the switch from strategic asset allocation (SAA) to a total portfolio approach (TPA). At the end of 2019, before the effects of the pandemic reached Australian ... |
| | | | While backed by major industry associations and advocacy bodies, those that actually provide financial advice fear new temporary relief measures offered by ASIC may push Australians towards conflicted advice. On April 14 ASIC announced a raft of measures ... |
| | | | The fast-growing custodian is pitching a new ESG analytics tools to local superannuation funds and asset managers to track, compare and benchmark their ESG score. Northern Trust, which is best known in Australia as custodian to a number of public sector ... |
| | | | ASIC has revealed it adviser bans dropped by more than half in the second half of 2019, from 103 to 48. The figures were released in the regulator's half yearly ASIC Enforcement Update along with an outline of its enforcement strategy for 2020. However ... |
| | | | Two funds from Platinum Asset Management were downgraded to bronze at Morningstar yesterday. The funds downgraded are the $8.5 billion Platinum International Fund and its P class, and the $39 million Platinum Global Fund. The biggest, the Platinum International ... |
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