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| | | Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025. Hostplus deputy chief investment officer Con Michalakis, who assumed the role in March 2022 after the merger between Hostplus and Statewide ... |
| | | | Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025. The new chief risk officer, Darryl Burke, was previously with Colonial First State in the same role. Burke will lead ART's risk and compliance ... |
| | | | South Australian financial adviser Bruce Davis has been banned for seven years by ASIC. Davis, who was the sole director and responsible manager of Wise Investment Advisers, has been barred from providing financial services, controlling an entity that ... |
| | | | The global economy stares down "unprecedented challenges" in 2025, according to Frontier Advisors' annual secular outlook, which forecasts rising risks from unsustainable debt, geopolitical rifts, and climate inaction. The report said after spiking ... |
| | | | Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ... |
| | | | ... stage, will be valuable for our clients both at home and abroad," CBA group executive for institutional banking and markets Andrew Hinchliff said. "As our chief economist, Luke will be able to leverage cutting-edge AI technology and one of the most comprehensive ... |
| | | | ... equity firms seek to partner with private capital managers with demonstrated scale and expertise." Nuveen head of Australia Andrew Kleinig said access to the benefits of private capital have long been the purview of institutional investors alone. "The ... |
| | | | ... in marking the milestone. It is now eyeing further growth, including with a new educational video series with economist Andrew Hunt called 10 Critical Themes Shaping the Global Economy. The series covers emerging trends and opportunities in global financial ... |
| | | | ... the delays in claims handling was primarily due to issues with a third-party provider, to which committee chair Senator Andrew Bragg sought to remind him of trustees' obligations. "We are not the only fund that has a challenge with a third-party ... |
| | | | ... alleged, Leech abdicated that all-important duty for years." Co-chief of the division of enforcement's asset management unit Andrew Dean described the act as an "egregious abuse of power." "By hand-picking trades and sending them to portfolios he favoured ... |
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