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| | | The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve. Recent roundtables hosted by APRA and ASIC heard the importance ... |
| | | | ... returns to the company in a newly created role of deputy head of income research. Based in Zenith's Sydney office, Marais has over 25 years of experience across portfolio management, manager research and selection and multi-asset strategies. He most ... |
| | | | ... their first day into client accounts associated with that investment strategy." He then assigned trades that performed poorly over their first day into the accounts of other clients, who were not aware that Leech was causing them losses to favour others. ... |
| | | | ... Shaun as our next chief investment officer," Schroder said. "Shaun has proven himself as an outstanding investor at scale over the long term and a great leader. He has a deep commitment to delivering for members who put their trust in us to grow and ... |
| | | | The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives. ASIC described the court action ... |
| | | | ... the Mansa Group without their knowledge. He also applied for and obtained loans from third party lenders to the value of over $20 million on that basis with the use of false documents and used the loans for the benefit of other corporations which he ... |
| | | | ASX has admitted that it misled and exposed market participants to financial risk in an announcement related to the delivery of the CHESS replacement project in early 2022, despite realising the delay would occur as early as 21 December 2021. According ... |
| | | | ... prior estimates of $690,000 for couples and $595,000 for singles. On an annual basis, ASFA calculates couples aged 65 and over now need $78,566 per year, while single homeowners require $55,923 to sustain their lifestyles. However, ASFA's survey found ... |
| | | | ... including what life-event goals are they solving for, what is their tax position today, and how will it impact their life goals over the next 5, 10 or 20 years? The answers can determine whether existing structures remain fit for purpose and if not ... |
| | | | ... productivity review released by the Productivity Commission (PC) found growth in hours worked remains strong (0.9% increase over the quarter, 2.2% increase over the year). "The accounting is straightforward: the value of goods and services we produce ... |
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