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| | | ... had an interest." ASIC also condemned UGC for violating numerous general obligations as an AFS licensee. UGC was found to not have provided financial services efficiently, honestly, and fairly. It also failed to ensure its representatives adhered to ... |
| | | | ... Netwealth's 2024 Advisable Australian research, conducted in partnership with The Lab Strategy, found the barriers to advice are not just price, but largely deep-rooted emotional drivers, like being loss-averse, being focused on today or having an unrealistic ... |
| | | | AXA is at the pointy end of discussions with BNP Paribas to offload its asset management business for $8.5 billion. AXA Investment Managers has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 ... |
| | | | ... brings an unparalleled sense of security. In fact, 60% of our customers surveyed said they lived comfortably, and majority did not think they would outlive their savings, regardless of household income," Mannix said. |
| | | | Pinnacle Investment Management's affiliates reported a 20% jump in funds under management (FUM) as it welcomes Life Cycle Investment Partners to the fold. The multi-boutique reported total FUM of $110.1 billion at the end the 2024 financial year. ... |
| | | | Private capital fundraising across an aggregate of asset classes continues to remain at a low point, according to a report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter ... |
| | | | ... the surge, together with motor vehicle insurance, banking, finance, and general insurance sector-related issues. AFCA has not yet provided a breakdown of the complaints related to financial advice, super, and life insurance, only flagging that banking ... |
| | | | ... best chance at a great life after work," Furlan said. "The two biggest factors that can limit members' super savings is not taking on enough investment risk while they're younger and then conversely not adequately de-risking as they approach ... |
| | | | ... JEGA, as an alternative to bonds, aims to deliver a more competitive income that is achieved with equity market-related risks, not duration risk. Speaking on the new addition to the suite, JPMAM chief executive Andrew Creber pointed out that the combination ... |
| | | | Shadow Assistant Treasurer Luke Howarth has reaffirmed the opposition unreservedly supports Michelle Levy's Quality of Advice Review (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services ... |
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