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| | | ... Arrangements with such providers often lack formal contracts or rely on standardised, non-negotiable terms. While a date has not been set on when the consultation will kick off, APRA flagged that it will occur before the end of the year. An "accelerated ... |
| | | | ASIC has commenced a preliminary investigation into the Clime Australian Income Fund. The corporate watchdog set the record straight, stating that it has commenced an investigation into the fund with respect to its compliance with the target market ... |
| | | | ... institutions across the country," Banner said. "Partnering with Ironbark allows us to build on our foundation and support a broader set of Australian investors, and I'm excited to see our approach made more widely available through the partnership." ... |
| | | | Cbus has agreed to pay $23.5 million to settle the matter brought against it by ASIC in relation to delayed death benefit payments to members. A Cbus spokesperson told Financial Standard the super fund co-operated with the regulator throughout the legal ... |
| | | | Rest Super is set to farewell a senior investment professional, with the head of fixed income, Tracey Duff, departing after 20 years. A Rest spokesperson confirmed that after two decades with the super fund, Duff will step down from her role as head ... |
| | | | ... research houses. The super fund has 66,744 members as of June 30, 2025, down from 67,652 the year before, according to the latest set of accounts. However, average member account balances rose from $47,000 to $51,000 over the period. |
| | | | ... excitement of private credit and a start up plus super enthusiastic founders. This is not Casey's first start-up. In 2004, he set up Alturus Asset Management, an alternative investment management firm, which now trades as NAOS Asset Management. |
| | | | ASIC has banned another former Crown Wealth Group staffer from working in the financial services industry for showing incompetence in addressing fees-for-no-service (FFNS) misconduct. Brendan Rodwell, who was the director of Crown Wealth Group, was ... |
| | | | APRA member Suzanne Smith has expressed the prudential regulator's concerns around entities relying on a concentrated set of technology providers. Smith said dependency on the cloud and movement of workloads to the cloud environment has exponentially ... |
| | | | Although Payday Super addresses critical issues, including the $5 billion in unpaid super, the Coalition believes the government's "rushed implementation" of the bill could hurt the economy. Payday Super, which is slated to come into effect on 1 July ... |
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