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| | | ... introduction of ASIC Financial Adviser Register has now completely evaporated. Independence continues as a trend, with the big banks now out of wealth. Almost two-thirds of financial advisers, 62%, are now non-aligned. This leaves 38% who are associated ... |
| | | | ... payments to unions. Bragg has claimed that superannuation which should be for workers has turned into a sinkhole for unions and banks. In a March press release he said: "It is hard to think of another policy which allows political and private interests ... |
| | | | ... transactions, many of which were over $10,000 each." While Court described Hopkins' conduct as an example of what can go wrong when banks don't properly monitor, detect and prevent unauthorised transactions, she asserted the case wasn't focused on Hopkins' ... |
| | | | ... many years, demand for is differentiated private credit solutions continue to accelerate. "The global trend of commercial banks retreating from traditional lending segments, combined with recent regulatory changes associated with 'Your Future Your ... |
| | | | ... through to the platform, the business said. "In recent years, we have seen the whole adviser experience change. The exit of banks from the platform space has left a hole in the industry. Legacy providers have been replaced by product style platforms ... |
| | | | ... CBA results in reduced compensation for women of about $500 million per year. "This announcement demonstrates that these banks can take these decisions if they so choose. If Westpac can do it, so can Commonwealth Bank of Australia," FSU national secretary ... |
| | | | ... economic growth. Despite several headwinds, such as COVID variants, the war in Ukraine, supply chain imbalances, and central banks moving from an era of free and cheap money, reflecting rising inflation, there is still reason to believe that global expansion ... |
| | | | ... "to provide world-class investment solutions to the Australian intermediated wholesale advice market, including private banks and advisories servicing the high-net-worth and sophisticated investor segment". PGIM managing director PGIM Institutional Relationship ... |
| | | | ... that time FUM held in managed accounts totalled $111 billion. Participants in the census ranged from the large platforms, banks, and MDA Providers through to individual licensees. IMAP chair Toby Potter said that the growth rate in managed accounts is ... |
| | | | ... explained that crypto can be used to get around sanctions. "The sanctions, specifically SWIFT, stop transactions through certain banks, meaning that payments for purchases cannot be settled. If the seller (Russia) accepts cryptocurrencies, and the buyer ... |
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