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| | | ... many investors have been happy to pay higher fees to for active management where a professional picks the stocks. The problem is that the majority of these professional investors have underperformed the market." McCormack said this has left many investors ... |
| | | | ... and sustainability outcomes worldwide," he added. In support, AFM Investment Partners' John Donovan said the plastics problem is widely acknowledged and local investors welcome innovative investment solutions such as this. Meantime, Equity Trustees executive ... |
| | | | ... pinpointed the transparency failure to ASX's failure to configure certain order functionality on its trading system; a problem that remained unnoticed until highlighted by an unnamed market participant. Despite opportunities for early detection ... |
| | | | ... (WGEA), with individual employer pay gaps reported for the first time as part of the government's strategy to solve the problem costing the economy $51.8 billion each year. According to the reporting, the financial services industry's median ... |
| | | | MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer. Robinson, who brings 20 years' experience to the role, most recently served as chief information and technology officer at Cbus. Prior to Cbus ... |
| | | | Senator Andrew Bragg has called for another Financial System Inquiry (FSI) to address "structural problems" in the twin peaks of financial sector regulation, ASIC and APRA. In his speech to the Financial Services Council (FSC), Bragg argued that "clear ... |
| | | | When it comes to incorporating artificial intelligence (AI) and big data into an financial advice practice, it's imperative to have a plan in place, according to Netwealth head of marketing Andrew Braun. Addressing the crowd at the SMSF Association ... |
| | | | ... and illegally. Financial advisers, accountants, and other SMSF professionals have a key role to play in addressing this problem, Sciacca said, urging them to alert ASIC if they come across any SMSF misconduct. "Financial advisers advising clients about ... |
| | | | ... financial adviser who was jailed for stealing more than $1 million from his clients' superannuation to feed a gambling problem is now permanently banned from the industry. In September 2023, Mark Raymond Sebo was found guilty of misappropriating $1,056,685.18 ... |
| | | | ... see anything too draconian, but it will be entirely reasonable if that really is on the rise and if it is becoming a big problem. The ATO's rhetoric around it would suggest it is, then you could completely understand why they've looked to make ... |
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