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| | | ... coordinated, structured manner. "Transitioning a business model from for-profit to profit-for-purpose is no easy feat and not a decision the executive has taken lightly, but we're proud to be changing direction in such a way," Coloretti said. "The ... |
| | | | ... organisation's original culture and ensuring that investment performance is on par with an external manager. As such, not all funds are adopting the strategy of internalising or setting up offshore bases. HESTA is keen on global investment opportunities ... |
| | | | AustralianSuper has bolstered its leadership team, naming a former chief executive of Frontier Advisors and IFM Investors as its new deputy chief investment officer. Damian Moloney, AustralianSuper's current head of investments (Europe), will assume ... |
| | | | ... between February and April. Collectively, 82% of respondents said that the volatility experienced over the past 12-18 months has not led to a significant rethink of their growth plans. Specifically, 21% of APAC respondents said they expect their assets ... |
| | | | ... on the same day that the client completed a risk profile questionnaire. This demonstrated that the relevant provider could not have properly enquired about or considered the client's needs and objectives, the FSCP said. Consequently, several sections ... |
| | | | Alvia Asset Partners has welcomed its very first chief executive in Nathan Robertson, as it implements a growth initiative aimed at servicing other areas of the industry. Robertson brings over two decades of experience in financial services, most recently ... |
| | | | ... exploring different types of DLT and looking for the use cases where it can add real value," he said. "Tokenising fund units will not provide the transformation that the industry is looking for, however operating collective investments on a native DLT ... |
| | | | ... and savings power could mean that their prospects are even more difficult," Salis wrote. "The superannuation industry does not escape this change. A 2017 study by the Financial Services Council also found that even though 70% of Millennials had a superannuation ... |
| | | | ... exploited, giving an unauthorised party access to members' data. Similar to CalPERS, CalSTRS uses PBI to ensure payments are not sent after a member has passed away. PBI also locates missing pension plan participants and missing beneficiaries and relatives. ... |
| | | | ... following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers that was in place in 2020-21 and 2021-22. The levy is currently set at the 2018-19 ... |
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