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| | | ... environment fund managers will need to run efficient business models and provide a strong value proposition to their clients. And not all fund managers will survive in this environment," he said in July. KONU's other partners include Grant Proctor, formerly ... |
| | | | ... Complaints Authority (AFCA). AFCA's latest update details the systemic issues that plague financial services firms but does not name the organisations in its report. One unnamed life insurer blamed its old policy administration system for failing ... |
| | | | ... clarify that it's frequently observed that, even though a client's existing SMSF might be managing the loan, many are not informed about the interest rate they are currently on. "This set-and-forget mentality could mean some clients are on a ... |
| | | | ... a tax advisor to the Commonwealth Treasury and the Australian Board of Taxation. Accordingly, ASIC found that Collins was not a fit and proper person to provide financial services and that it was in the public interest to prevent him from working in ... |
| | | | Newly formed RE Capital Advisory has teamed up with stockbroking giant Wentworth Securities (Wentworth) to launch Alpine Capital, an emerging company advisor, stockbroker, and wealth management platform. The new team at Alpine Capital includes RE Capital ... |
| | | | ... consumer lease, mortgage or guarantee or is proposed to be held jointly by more than one person. Secondly, the breach must not result in or be likely to result in any financial loss or damage to the client regardless of whether that loss or damage has ... |
| | | | ... consistent with 2% inflation over time," he said. Turning attention to growth, Powell said to date declining inflation has not come at the cost of meaningfully higher unemployment. "A highly welcome development, but a historically unusual one," he commented. ... |
| | | | ... In 2022, Grubisa was banned for four years after ASIC found she was claiming to hold AFS and credit licences that she did not. The licence for her company Master Wealth Control, which traded as DG Institute, was cancelled in 2021 on the basis that the ... |
| | | | ... security includes residential, industrial, commercial, and retail property as well as development sites. It currently does not offer construction loans. "Ultimately, our goal is to collaborate with borrowers to ensure a mutually beneficial journey toward ... |
| | | | Netwealth has entered a strategic partnership with New York-based fintech platform iCapital, broadening access to global private credit markets and hedge funds for financial advice firms and their wholesale clients in Australia. Netwealth managing director ... |
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