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| | | ... director for strategy and transformation. Both are newly created roles. Baker oversees client servicing, investment operations, third-party relationships, data and risk and compliance functions. Baker is an experienced financial services leader with ... |
| | | | ... dwindled to $12.2 billion at the end of October. To do that, Platinum will add new products managed in-house and partner with third parties that operate in asset classes that it currently does not invest in, a strategy flagged in late August. Elaborating ... |
| | | | ... person to lead PGIM's next chapter of growth," Sullivan said. "Over the last decade, PGIM has meaningfully expanded its third-party asset management business. "Jacques' expertise will allow us to identify opportunities to accelerate our continued growth ... |
| | | | ... significantly inconvenienced. ESSSuper has suffered loss and damage as it has been forced to spend time and money, and engage third parties, to rectify the incidents and breaches caused by Iress," ESSSuper chair Joan Fitzpatrick said. "As a member-focused ... |
| | | | ... commenced a pilot program to test the viability of the issuance of a CBDC in Australia. Throughout the program, "around one-third of the piloted use cases explored opportunities for a CBDC to enhance the operation of various types of asset market." It ... |
| | | | ... institutional investors more flexibility on how they purchase investment research. The new option facilitates joint payments for third-party research and execution services, provided that the firm meets certain requirements. "Under current rules, UK ... |
| | | | ... incentives it and its financial advisers were entitled to when they recommended the firm's own Portfolio Management Program over third-party programs also offered by JPMS. This occurred between 2017 and 2024 and, in doing so, the Portfolio Management ... |
| | | | ASIC has released its third publication on information lodged under the reportable situations regime. The publication provides high-level insights into reporting trends from 1 July 2023 to 30 June 2024, and covers licensee population reporting, breach ... |
| | | | ... financial planning payments, followed by Macquarie's Superannuation Plan at $213.5 million. The HUB24 Super Fund came third ($172.8m), then the Colonial First State FirstChoice Superannuation Trust ($150.4m), Netwealth's Superannuation Master ... |
| | | | ... claims, but the process inflicts a possibility of exposing private information of consumers, especially when engaging with a third-party AI model, also failing to disclose the AI involvement to consumers making their claims, ASIC said. The technology ... |
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