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| | | ... disputes this given estimated returns and valuations have proven unreliable. "Netwealth considers that Falcon Capital Limited engaged in fraudulent conduct resulting in losses to the Netwealth Superannuation Master Fund. Netwealth believes fraudulent ... |
| | | | ... with the possibility of a two-year extension, it now proposes a hard tenure limit of 12 years with short extensions in limited circumstances. Additionally, a proposal for banks and insurers to have at least two independent directors, including the chair ... |
| | | | ... funds on those key areas," he adds. After winning a $7 billion and $2.3 billion mandate with Diversa Trustees and Mutual Limited respectively and acquiring Iress' superannuation platform last year, Apex is on track to achieve 20% annual organic sales ... |
| | | | ... held several roles at Franklin Templeton Investments, ING Investment Management Australia, Pendal Group, and Perpetual Limited. As a result of the restructuring, Chris Briant, managing director for Australia and New Zealand and the local head of the ... |
| | | | ... Fund which were high risk investments or the Balanced class which was a medium-high risk investment. Shield also had a limited trading history. ASIC also found that Videkanic's Statements of Advice to certain clients contained false and misleading ... |
| | | | ... at least 5800 consumers, primarily through super platforms, the trustees for which were Macquarie Investment Management Limited (MIML) and Equity Trustees Superannuation Limited (ETSL). ASIC has commenced legal proceedings against both trustees. Last ... |
| | | | ... priority for APRA is to ensure that regulated entities have robust information controls in place, including - but not limited to - multi factor authentication for member accounts," she said. She said APRA is committed to increasing transparency of retirement ... |
| | | | ... experience lost earnings, cashflow disruption, or unnecessary stress," the report said. "Weak administrator controls, limited oversight, and unclear escalation pathways are common root causes. While most funds process transactions on time, large cohorts ... |
| | | | ... named deputy chair. Based in Perth, Baskerville is the founder and managing director of IT solutions provider Empired Limited. He has been on the board as an independent director since February 2023. He also currently sits on the board of several other ... |
| | | | ... recognises Shield's unique circumstances, notably the scale of the issue, its material impact on many investors and their limited access to recourse from the many different entities which played a role. The approach of providing immediate certainty ... |
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