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ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... regulator will be focusing on economic recovery, reducing consumer harm, cyber security and industry compliance over the next four years in order to strengthen the financial system. ASIC's 2021-25 Corporate Plan focuses on economic recovery through including ...

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
... financial advice arms." Newly appointed Centrepoint chief executive John Shuttleworth said: "This transaction represents the next phase of Centrepoint Alliance's growth by providing immediate scale and will increase the business's long-term value ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
... a merger with NGS, with a view to signing a Heads of Agreement shortly. If confirmed, the funds will look to merge early next year.

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... November 11-16 and is currently open for bookings. The November exam makes marks the 14th sitting FASEA has conducted. The next sitting, taking place September 9-14, is taking bookings until today.

SelfWealth reports 135% revenue increase

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... first six months. Client cash on the platform also increased from $366 million to $523 million. The company said that in the next financial year its focus will launch live pricing, instant deposits and a desktop US refresh. It also plans to improve tax ...

BlackRock adds to APAC leadership

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... Commerzbank AG in 2004. "I am delighted to welcome Peter to Hong Kong to lead Asia-Pacific iShares and Index investments in its next stage of growth. Peter has gained outstanding experience in building our international cash management and global transitions ...

Macquarie AM acquires logistics centre

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... from Oslo. It is a four-storey facility with an advanced autonomous fulfilment technology system and is 100% leased for the next 15 years to Bohus, the country's largest furniture retailer. "Europe's supply chains are constantly evolving and have been ...

Accountants warn of lockdown cost

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 AUG 2021
... economy." Approximately 50% of surveyed accountants are "fairly" or "extremely" worried about the state of the economy over the next three months. CPA Australia said this figure drops by less than one percentage point when looking at the state of the ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... net profit gains and a substantial increase in funds under administration as it expects inflows to hit $10 billion in the next financial year. In its full-year results, Netwealth posted a 23.9% increase in net profit to $54.1 million. Funds under administration ...

SuperConcepts names CIO, CTO

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... Christensen was made permanent chief executive on July 1. Forbes manages the CTO team, which is currently developing the next generation of SuperMate. "We're hitting our internal milestones and are on track to launch the new and improved product very ...