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| | | ASIC has said operational failures by superannuation fund trustees as well as the rise of artificial intelligence (AI) will drive the local regulatory space in 2026. Operational failures among super trustees and administrators, such as delays in processing ... |
| | | | A former United Global Capital (UGC) financial adviser has had his banning order shrunk by half after a successful appeal to the Administrative Review Tribunal. Milutin Petrovic was banned from providing financial services or performing any function ... |
| | | | ... represents" the group. In the FSGA lead decision, AFCA found the complainant received personal advice in October 2023 to roll over their existing superannuation into a newly created self-managed superannuation fund (SMSF). The adviser then recommended ... |
| | | | ... Advisors founder Richard Bernstein will join Janus Henderson as global head of macro and customised investing. Bernstein has over 40 years of experience on Wall Street, including as chief investment strategist at Merrill Lynch. Janus Henderson said the ... |
| | | | ... He then traded and procured others to trade in Platinum shares before leaking details of the takeover to the media, making over $300,000 profit for himself, ASIC said. The Federal Court in Sydney sentenced Forrest to five years imprisonment for insider ... |
| | | | ... decision in February." Although, Bassanese said that the volatility distils to an average monthly employment gain of 18,000 over those two months, "suggesting the labour market remains firm rather than red-hot and somewhat softer than earlier last year." ... |
| | | | ... wealth evergreen products, and insurance-dedicated solutions. Yesterday, PGIM announced that it plans to commit $1 billion over two years to private credit secondaries, as it expects deal volumes in the sector will exceed $50 billion in the next two ... |
| | | | ... period March 2010 and January 2015. He pleaded guilty to the charges early last year. Torre's victims included a couple over the age of 60 who were defrauded $500,000 and another man over the age of 60 who had $150,000 stolen. ASIC deputy chair Sarah ... |
| | | | ... on ensuring a smooth transition for our employees, clients and partners," a company spokesperson said. Gunman, who spent over eight years at the fund, replaced West 12 months ago when she moved into the executive chair role at the $7 billion firm, founded ... |
| | | | ... analysts and portfolio managers. He will also work closely with head of distribution Stephen Higgins. All up, Isles spent over two decades at Platinum most recently as head of investment looking after the investment team's process and people. He ... |
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