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Showing 1461 - 1470 of 6264 results for "DET"

CalPERS names new chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
After almost 18 months of searching, California Public Employees' Pension Retirement System has appointed its new chief investment officer. Following an extensive search, Nicole Musicco has been named in the role, leading the US$500 billion pension ...

Netwealth tops platform ratings

CHLOE WALKER  |  MONDAY, 21 FEB 2022
Investment Trends has launched its 2021 Platform Benchmarking and Competitive Analysis Report, with Netwealth receiving a near perfect score - just inching out HUB24. Assessed across more than 500 different criteria, Netwealth took the top spot in overall ...

GigSuper folds, administrator takes over

KARREN VERGARA  |  MONDAY, 21 FEB 2022
Startup superannuation fund GigSuper is now in administration less than five years after it launched. DW Advisory was appointed as administrator on 10 December 2021. DW Advisory held a creditors' meeting on January 22 online, detailing the financial ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
The prudential regulator wants to begin publishing data on all superannuation products and investment options, commencing a new consultation today. Last year APRA undertook phase one of its data transformation which saw super trustees required to provide ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
After a turbulent six months, Magellan Financial Group acknowledged it needs to improve its investment performance. Releasing its half-year results this morning, Magellan interim chief executive Kirsten Morton assured investors that the "financial health ...

Sudden departure for CountPlus chief

KARREN VERGARA  |  THURSDAY, 17 FEB 2022
The chief executive of ASX-listed CountPlus has abruptly stepped down three months after he was reappointed to the post. Matthew Rowe, who also serves as managing director, exits on February 24. Chief financial officer Laurent Toussaint assumes the ...

Bell Financial Group in AUSTRAC probe

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
Three of Bell Financial Group's subsidiaries are under scrutiny by AUSTRAC, with an audit ordered to assess compliance with financial crime laws. AUSTRAC has ordered that an external auditor be appointed to Bell Potter Securities, Bell Potter Capital ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
With the proposed Compensation Scheme of Last Resort regime closer to passing, there are fears it will fall short of protecting consumers. The Senate Economics Legislation Committee released a summary of the proposed bill, with input from industry stakeholders ...

Super baby bonus proposed

JAMIE WILLIAMSON  |  TUESDAY, 8 FEB 2022
The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
RI Advice was slapped with a $6 million penalty for failing to keep tabs on a representative who invested clients' money in risky and complex financial products. The Federal Court found that RI Advice failed to take the appropriate steps to ensure ...