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| | | The highly anticipated legislation that recognises veteran financial advisers as professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures ... |
| | | | The Reserve Bank of Australia (RBA) has decided to leave interest rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates ... |
| | | | The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ... |
| | | | ... 500 were assessed in total, comprising $341 billion in FUM and 3.8 million member accounts. The 20 products that failed house $1.7 billion on behalf of 36,000 members. Here, there were two industry super fund options that failed - Australian Meat Industry ... |
| | | | ... appointment of Matthew Tan as senior asset allocation specialist. Tan's recruitment has boosted LGT Crestone's in-house investment team to 22. He joins from the Future Fund where he spent the past seven years as a strategist in the economics ... |
| | | | ... Super have selected Iress to lay the technological foundation for their merger. With the administration function to be in-house, the merged superannuation fund will use Iress' Acurity Registry platform and Acurity Online portal. Acurity Registry ... |
| | | | In anticipation of regulatory change, Evolution Trustees has established a division to help investment houses transition their wholesale funds to retail. The move is in response to Treasury's review of managed investment schemes and consultation on ... |
| | | | ... years - has joined Insight Investment Consultants. Founded by Chris Lioutas, Insight aims to become a full-service research house. Accordingly, it will launch a fund research ratings business run by Murphy. Lioutas said it will start rating funds late ... |
| | | | ... conversations into file notes, saving financial advisers up to two hours in administration time. FinTalk, which was built in-house by Guideway, records client conversations, produces a transcript, and refines this into a file note. Guideway executive ... |
| | | | ... while 33% of family office professionals will be looking for a new role. "It's noticeable that being able to retain in-house teams can add to the long-term success of the family office operations as the objectives and purpose of the roles inside ... |
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