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| | | A former director of collapsed derivatives provider Berndale Capital Securities has pleaded guilty to multiple dishonesty offences, including the misuse of nearly $700,000 in company funds. Stavro D'Amore admitted to three combined charges before ... |
| | | | Clime Investment Management is selling its separately managed accounts (SMA) products and some managed funds for about $7.7 million to an unnamed party. The cash transaction is subject to platform consent, due diligence and completed documentation. ... |
| | | | The insurers were recognised for excellence in adviser service and product innovation. At an event in Sydney last night, NEOS took home the 2026 Life Insurance Award for Excellence in Adviser Service, presented by Financial Standard. NEOS was selected ... |
| | | | ... establish a concrete network in the HNW segment as Australians are becoming wealthier. "We won't invest in businesses that service segments that we don't think we can add value in or grow," he said. "It's very much a growth mindset. We have specific ... |
| | | | Betashares has launched Australia's first space industry ETF, expected to list on the ASX on May 12 with a ticker code of RCKT. The ETF will expose investors to a portfolio of 30 global companies operating in the space value chain, including satellite ... |
| | | | ... from specific contractual requirements in CPS 230 for material arrangements with certain categories of non-traditional service providers (NTSPs), where contractual compliance is not practicable. "Developed in response to industry feedback, these changes ... |
| | | | ... systems and processes," Norman continued. "That will help us scale in a disciplined way, continue delivering high-quality service to clients, and maintain the strong compliance and governance standards that are central to our business." |
| | | | The Australian Prudential Regulation Authority (APRA) has called on superannuation trustees, insurers and to significantly lift their approach to managing artificial intelligence (AI) risks, warning current practices are not keeping pace with rapid ... |
| | | | Pacific Equity Partners (PEP) has made an unsolicited takeover bid to acquire oOh!media for $1.40 per share. That is a premium of 64.7% from its last closing prices of $0.85 and values the media firm at around $747million. oOh!media provides outdoor ... |
| | | | REI Super has restructured its leadership team and hired a chief risk officer in the process. Following its recent administration transition to SS&C, REI Super completed a structural review, opting to fold all its member services functions under one ... |
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