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| | | AustralianSuper's head of member products, guidance and advice has been promoted to general manager of retirement. This a larger role for Shane Hancock who has been responsible for all superannuation, insurance, and retirement products since 2022. ... |
| | | | ... rates have "materially raised the cost of debt," and while central banks' transition to cutting interest rates, which should start to reduce some of the burden of debt servicing, "persistent spending demand" and "significant unrecognised liabilities" ... |
| | | | ... Australians - are struggling with the rising cost of living." If the settlement is approved, members of the class action should start receiving payments in March 2025. NAB remains liable for the settlement despite NULIS Nominees and MLC Nominees now ... |
| | | | ... include the RBA where quarterly trimmed mean inflation is likely to soon drop to around 0.6-0.7% qoq, enabling it to possibly start cutting in February but by May at the latest taking the cash rate down to 3.6% by year end." Oliver said global growth ... |
| | | | ASIC has released its first publication of industry-wide data reported under the internal dispute resolution (IDR) data reporting framework, flagging concerns firms are not reporting data accurately. Under the IDR framework, most licensed financial ... |
| | | | ... the journey there have been some big moments I will never forget, including the GFC and COVID pandemic." Auld, who will start to transition into the role on 14 February 2025, is the current chief investment officer at JBWere. "We are delighted to appoint ... |
| | | | ... appoint Chris Morpeth to head up our custody business. He has extensive experience in this space and has previously helped start and build custody businesses," he said. "Chris also adds considerable experience to the debt capital markets team." Fletcher ... |
| | | | ... existing GESB members to continue to direct their superannuation payments to the fund if they leave the public sector or start a second job with a non-government employer. Previously, members who left the public sector or had dual-government and non-government ... |
| | | | As the number of AFSL cancellations pile up due to the non-payment of Australian Financial Complaints Authority (AFCA) determinations, far too many financial services firms are taking advantage of the Compensation Scheme of Last Resort (CSLR), treating ... |
| | | | One of Australia's first firms to specialise in managed accounts celebrated its 10th anniversary this month. InvestSense was established in 2014 and has grown significantly over the past decade. In the past three months, InvestSense has grown its ... |
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