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| | | The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison. Yesterday, Australian Council of Superannuation Investors (ACSI) ... |
| | | | ... advisers. Anderson started his speech by asking, "Who is feeling overwhelmed by the level of regulatory reform? It's okay to say yes." "There are some people who are really feeling reform fatigue. There may be others who say, 'no, I'm fine'. If that's ... |
| | | | A Uniti Group executive director and the former Vocus Group chair was charged with insider trading for dumping his Vocus shares after he knew an acquisition of the company was unlikely to go ahead. Following an ASIC investigation, Vaughan Bowen was ... |
| | | | EISS Super chief executive Alex Hutchison has resigned, after the fund failed the performance test and during its planned merger with TWUSUPER. Hutchison resigned yesterday and requested it be effective immediately. EISS Super chief financial officer ... |
| | | | Investors Mutual Limited welcomed a new chief executive who recently finished up at a global fund manager. In the newly created role of chief executive, Damon Hambly took the reins on August 1. He reports to the board of IML and is also a member of ... |
| | | | ... ASIC senior executive leader superannuation Jane Eccleston said recent regulation will help ASIC regulate such behavior. "Yes, so it is an issue that I think is a good one to talk about, and some of the regulatory reforms I think are really helpful in ... |
| | | | ... but we also want to work with all participants in the industry to say 'well how can we measure this better?' "So, yes, we realise it's not perfect. It's going to be here as an annual thing. So, let's continue to revise." Financial ... |
| | | | The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ... |
| | | | Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ... |
| | | | The financial adviser exam pass rate continues to dwindle as less than two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the ... |
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