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| | | ... inappropriate. "The financial firm on the other hand, said that the SMSF was a wholesale client. It also said it only provided general advice and that the trustee was responsible for all investment decisions," Sidoti said. This is on top of the financial ... |
| | | | ... sector, managing fixed-interest portfolios. Before heading up Funds SA, she held various roles at REST Super, including as general manager of investments and acting chief operating officer. Earlier in her career, she held investment roles at NGS Super ... |
| | | | ... Corporations Act to state that a person who provides personal advice to a retail client about a life risk insurance product, general insurance product or consumer credit insurance and receives a commission in connection with the issue or sale of that ... |
| | | | ... deals and offered LPs sufficient room to coinvest." On a brighter note, Australian and New Zealand regional and domestic general partners' (GP) share of deal activity rose. Government-affiliated funds, though, were nearly absent from the market. ... |
| | | | The Australian Council of Trade Unions (ACTU) will seek another 5% increase in the minimum and award wages as part of its submission to the Annual Wage Review. Each year, the Fair Work Commission hears from unions, employers, and governments before ... |
| | | | ANZ announced it reached an agreement to settle a class action brought against it by Phi Finney McDonald in 2021. The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January ... |
| | | | ... tens of thousands of dollars. The bags are not able to be bought online and are not displayed in Hermes stores for the general public. The lawsuit alleges "only those deemed worthy" of buying the Birkin will be shown the handbag, typically in a private ... |
| | | | Australian companies continue to defy odds and beat analysts' expectations to help keep the economy on its resilience streak. Perennial Partners lead portfolio manager Stephen Bruce, who presented at the Advisers Big Day Out (ABDO) Capital Cities in ... |
| | | | The $37 billion public sector fund selected its new chief executive, some nine months on from Dascia Bennett's departure. Dini Soulio has taken on the role following almost a decade as South Australia's commissioner for consumer affairs, commissioner ... |
| | | | Following a brief reprieve, the number of class actions targeting the financial services sector escalated significantly in 2023. According to a report from Allens, the banking and financial services sector was the second biggest target for class actions ... |
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