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| | | MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ... |
| | | | In the largest single-asset hotel deal ever closed in Australia, Barings Private Equity Asia (BPEA) has officially acquired the Hilton Sydney Hotel for $530 million. The purchase of the five-star hotel was made via BPEA's affiliated real estate fund ... |
| | | | Future Generation is on a mission to accelerate funding into the prevention of youth mental health issues, warning that Australia's current funding of mental healthcare is "not working". Comprising of 14 non-for-profit partners, the social investment ... |
| | | | Hejaz Financial Services, a diversified provider of Islamic financial products has selected GBST to provide a suite of nine online calculators. The suite will be powered by GBST's Equate technology, and underpinned by Equate's Content Management ... |
| | | | An Adelaide financial adviser received a five-year ban for advising his clients to roll their super into newly established SMSFs to invest in a company he is a director of and then releasing the money to them in the form of a loan. Antonio Simeone is ... |
| | | | APRA is revisiting the design of its rules governing strategic planning and member outcomes in superannuation, including strengthening the way in which outcomes are assessed, closer monitoring of financial resources and new rules to follow when a MySuper ... |
| | | | The Financial Services Council (FSC) has examined the government's legislative agenda for super and given a policy update on the Quality of Advice Review. Firstly, following assistant treasurer and minister for financial services Stephen Jones' ... |
| | | | TAL Dai-ichi Life Australia Pty Limited has completed its acquisition of Westpac's life insurance arm, almost one year after it was announced. From today all of Westpac's life insurance business and existing policies will transfer over to TAL Group. ... |
| | | | A new report from Morningstar calls out the faults in the Portfolio Holdings Disclosure regulations, particularly as they pertain to unlisted, private equity and bond investments. The report's author, head of manager selection Grant Kennaway, says ... |
| | | | KPMG has flagged ESG, tax governance, financial crime, adaptive investment operations and regulatory risks as some of its key considerations for the super sector in 2022. According to KPMG's latest Super Insights 2022 report, last year climate change ... |
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