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| | | ... as they shifted from outsourcing compliance to in-house teams. Kaizen expects an expansion in areas like financial crime, third-party risk, and operational resilience for these funds. The report noted a significant increase in team sizes in super funds ... |
| | | | ... directly. "A process has now begun to engage with the managers of these funds. Divestment from investments held through third-party funds is a longer process, as it must be reviewed, decided, and carried out by the fund managers of those funds," Future ... |
| | | | Nearly two thirds of SMSFs established under the recommendations of a financial adviser are unsuitable to their needs and put retirement savings at risk, an ASIC review reveals. Of 100 financial advice files investigated, 62 failed to demonstrate compliance ... |
| | | | ... potential. Meanwhile, Swyftx said the self-managed super fund (SMSF) market is treading this path "cautiously", with only over a third (37%) reporting digital assets in their portfolios, a slight fall from last year (42%). "The three main reasons for ... |
| | | | ... responsible for monitoring loan assets' performance and value after allocation into a fund, or for overseeing independent third-party valuation of loans. "Many funds provided limited information on valuation procedures and methodologies that would ... |
| | | | There are many myths about retirement, and one of the most common is that people will run out of money. Even as Australians live longer and many spend up to three decades of their lives retired, the Retirement Income Review (RIR) found the typical retiree ... |
| | | | ... average firms and AdviceTech Stars (firms that are more technologically advanced) and found that the latter engaged with more third-party support in a few areas. Over half AdviceTech Stars (51%) outsource for support/help desk services, compared to 42% ... |
| | | | ... can continue during severe disruptions. This includes testing business continuity planning and identifying and managing third-party risks provided by material service providers. On October 1, super funds were asked to submit a register of material service ... |
| | | | ... eight audit firms and notified both the auditor and company of those findings to drive improved practices. REP 819 is the third and final report from ASIC's expanded program of work to improve financial report and audit quality, the regulator said. "ASIC's ... |
| | | | ... it's where I began my journey in mathematics and finance. It's also one of Intech's most important markets, with over one-third of our global assets managed on behalf of superannuation funds and other institutions across the country," Banner said. "Partnering ... |
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