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| | | The financial advice profession "lacks consistent protocols" for handling suspected financial abuse and there are insufficient whistleblower protections, according to the Financial Advice Association Australia (FAAA). In its submission to the Parliamentary ... |
| | | | ... technical recession for the meantime. The economy was buoyed by electricity, gas, water, and waste services; rental, hiring, and real estate services; education and training; and agriculture, forestry, and fishing. Major detractors in the March quarter ... |
| | | | The superannuation gap of young Australians who contribute to their super earlier, compared to those who take the default contribution option has been confirmed by modelling from advice tech platform Otivo. Otivo's modelling reported that if younger ... |
| | | | ... that could benefit from this change, such as the construction and materials companies needed to build new facilities. Also, real estate developers, who are getting their pick of customers in many locations, appear attractive. A Morningstar analysis shows ... |
| | | | Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland issued a blunt warning to licensees not meeting their obligations. Speaking at an industry event, Kirkland said the regulator has spent two years warning licensees to ... |
| | | | Palisade Real Assets' UK-based bioenergy fund scored a £200 million ($381m) mandate from a major European asset manager. APG Asset Management awarded the mandate on behalf of Netherlands' major pension fund ABP, which oversees some €500 billion ... |
| | | | ... include that AI-generated file notes and fact find information comply with Australian regulations and laws. "There's a real risk for financial advice firms inadvertently providing recommendations in the information gathering stage which would necessitate ... |
| | | | ... such as Google, used by 42% of respondents. "This is very concerning because we know quality financial advice can make a real difference to the retirement outcomes and experience for Australians," Shrimski said. |
| | | | ... solely on Cboe Australia, differentiates itself from VanEck's product by directly holding Bitcoin. He said this ensures "real asset ownership" for investors, unlike indirect feeder funds, which only offer exposure to the spot price of Bitcoin. Yew ... |
| | | | The Singapore government's Temasek Holdings will become part owner of Betashares, injecting $300 million into the exchange-traded fund (ETF) provider. The $38 billion Betashares said it entered into a binding agreement with Temasek in a bid to accelerate ... |
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