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Showing 3621 - 3630 of 28255 results for "NOT"

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... Association Australia (FAAA) chief executive Sarah Abood, who said with the exit of advisers, the staggering demand for advice is not only forcing practices to turn clients away, but it has also led to challenges when it comes to recruiting the right ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... structured as an authorised unit trust, open-ended investment company, or authorised contractual scheme. The regulator did not detail the asset class the funds invest in. Interestingly, it did not examine property funds. While asset managers have governance ...

JANA picks Rimes for tech

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
The asset consultant has selected enterprise data management firm Rimes to assist in delivering strategic technology solutions and better serve clients. JANA will onboard the Rimes Matrix solution and said it's a "critical component" aiding its ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... have led this restructure, and now it has been executed, the final stage is for me to depart," Jollie said. Jollie said he is not rushing into a new executive role - that he has the luxury of sitting back and assessing his options. "The next step for ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... Overall satisfaction sits at 7.7, ease of dealing sits at 8.0, while the score for all funds sits at +15 - in 2021 it was +26. "Not only have average scores flatlined, but we also see a shift in the distribution of scores over time. Fewer members are ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... former acting head of trading Virginia Owczarek from providing any financial service for three years. The regulator deemed her "not fit and proper" to provide or participate in the financial services industry.

Alium Capital enters wholesale market

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... and public, targeting a return of 10-15% per annum. Alium partner Michael Considine said the fund is unique in that it is not a lock up fund but allows investors daily applications and a quarterly liquidity profile. "There are very limited options for ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... the first tranche revealed that entities' testing programs were incomplete, inconsistent, lacked independence and did not provide adequate assurance for management and the board. Incident response plans were also found not to be regularly reviewed ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ...