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| | | La Trobe Financial has been told by ASIC to stop offering its 12 Month Term Account and 2 Year Account products offered under the La Trobe Australian Credit Fund, as well as its US Private Credit Fund. The regulator said it is concerned that the target ... |
| | | | Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ... |
| | | | ... handover and to engage with key stakeholders, including ratings agencies, advisers and institutional partners. Following a short break, Rider said he plans to explore non-executive opportunities, including board and advisory roles. |
| | | | ... could mean for their future liquidity management. One aspect is ensuring they have sufficient resources to meet potential short-run liquidity needs - for example, to cover increased replacement costs for maturing FX hedges if the Australian dollar depreciates. ... |
| | | | ... based on their own circumstances," McClelland said. "It is pleasing to see some insurers doing this. But others are falling short of their Code commitments. Compliance with the Code isn't optional. And insurers that still use blanket exclusions must ... |
| | | | As the old saying goes, 'you've got to spend money to make money.' And, as equity markets continue their strong run and global uncertainty calms, geared strategies have been making a comeback. But for those thinking a geared strategy is a good way to ... |
| | | | Super SA recently appointed a permanent chief executive, about a year after the swift exit of Dini Soulio. Tricia Blight took over as chief executive of Super SA in July, appointed by the South Australian Department of Treasury and Finance. Blight has ... |
| | | | ... result of investments in US equities. In July, GQG revealed assets had hit a record high of US$172.4 billion despite some "short-term relative underperformance". "We have continued to position our portfolios defensively, and as a result, we saw relative ... |
| | | | Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ... |
| | | | Receivers have been appointed to two related entities of Australian Fiduciaries following a Federal Court hearing this week. About $167 million is tied up currently, belonging to about 600 investors who placed their retirement savings in the Global ... |
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