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| | | ... found a huge volume of enquires were made to them by OSPs relating to Australian client superannuation and managed fund account information. "The data indicated that enquiries originating from offshore were occurring regularly, with one fund manager ... |
| | | | ... matter." Despite being pleased with Macquarie's decision, Longo said there is "more work to be done to hold key players to account" and said ASIC was actively exploring avenues for compensation for victims. "We are actively working with Treasury and ... |
| | | | ASIC has cancelled CPG Research & Advisory's AFSL, which is linked to the now-defunct Linchpin Capital, effective October 7. The cancellation comes after CPG ceased to carry on a financial services business and failed to pay industry funding levies ... |
| | | | ... monitor the governance and risk management frameworks of financial services entities, and where necessary, hold them to account for failing to have the right processes in place to protect consumers and investors' interests." |
| | | | The Australian exchange-traded fund (ETF) market has seen explosive growth, now passing the $300 billion mark and hitting its milestone well before it was anticipated to, according to various sources. In July, total assets under management (AUM) reached ... |
| | | | CareSuper has appointed Matt Macdonald as portfolio manager within the private equity team. The private equity specialist joins from AustralianSuper where he worked as a senior investment analyst for over four years. Before that, he spent an equivalent ... |
| | | | La Trobe Financial (La Trobe) has named Dan Baker as the new chief liquidity officer. Baker brings over two decades of experience in liquidity, treasury, and market risk to the role. He joins La Trobe following his most recent role as the treasurer ... |
| | | | Financial advisers are moving to automate many business processes, but investment automation remains limited as they look to maintain control over decision-making. The AdviceTech 2025 Turning Data Into Growth report, based on over 300 financial advice ... |
| | | | ... to private markets over the next three years. Around half of respondents said they currently utilise a SMA or managed account. Of those currently considering using a SMA or managed account, investment track record and credibility were the two most important ... |
| | | | The regulator has written to platform trustees in the wake of the First Guardian and Shield Master Fund collapses, alerting them to the need to strengthen their investment governance processes. In its letter, it shared initial findings from the thematic ... |
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