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Showing 461 - 470 of 4731 results for "Distribution"

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... document on super death benefits, which includes minor clarifications to guidance on handling complaints about the distribution of the benefits. It noted the changes are to ensure that its methods "remain clear and effective without altering the fundamental ...

ISG ordered to wind up managed investment schemes

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
The Queensland Supreme Court has ordered the ISG Private Access Fund and the ISG Real Estate Equity Fund be wound up. This comes after ISG and its sole director, Benjamin Godfrey, had applied to appoint receivers to the schemes. ASIC intervened in the ...

Under the hood of a top global fundie

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
... expand into private markets. PCS operates independently from GQG's global equities business but leverages its existing distribution network. Abernethy revealed that a key strategic objective is to start to bring that business to life in Australia. "The ...

Partners Wealth Group appoints new head of distribution

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
Partners Wealth Group appointed a new head of distribution, a former three-time Olympic gold medalist no less, for its wholesale investments division, Partners Private. James Tomkins, who was most recently a national sales manager at UBS Asset Management ...

Choice products continue to overshadow MySuper: APRA

MATTHEW WAI  |  THURSDAY, 3 OCT 2024
... product governance needed to be placed. "This includes determining an appropriate target market and ensuring the distribution of the product is directed towards this target market," APRA said.

Hamilton Lane adds SCOPE to product lineup

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
Hamilton Lane has announced the launch of its Senior Credit Opportunities Fund (SCOPE) in Australia. SCOPE is a senior private credit vehicle targeting floating-rate, senior secured loans and intended for investors seeking potential safety and yield. ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... capitalist Mark Carnegie's MHC Digital Group and fintech Circle have teamed up on a plan to ramp up USDC stablecoin distribution in Australia and Asia Pacific, exploring institutional use cases. USDC is a fully reserved stablecoin, with over US$33 billion ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
... year. An executive director when he left, Walker spent the last eight years leading sales, specialising in product distribution, and the seven years before that as a strategic account manager. Before joining CFS in 2007, Walker was the national account ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... responsible for six. "Trustees need to have robust product governance in place to ensure they meet their product design and distribution obligations under ASIC Regulatory Guide 274. This includes determining an appropriate target market and ensuring ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... expectations. Earlier this month, ASIC released the findings of its review of product issuers' compliance with the design and distribution obligations (DDO), calling for them to improve their distribution practices after identifying numerous shortcomings. ...