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| | | ... head of stress testing Stephen Fay said. Fay said the regulator assessed what additional stress a disruption to a "common service provider" would have on super funds and banks. "The impact was greater on banks as it coincided with their liquidity stress ... |
| | | | Brookfield has announced the launch of a $154 billion (US$100bn) global AI infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority (KIA). This comes as NVIDIA exceeded expectations when it reported third-quarter revenues ... |
| | | | The 2025 Financial Advice Association Australia (FAAA) Award recipients were announced at the FAAA Congress Gala Dinner in Perth. Following judging, 18 finalists across six categories were recognised for their focus on delivering the highest standard ... |
| | | | ... servicing or paraplanning backgrounds," the report read. "The talent shortage is driving super funds to expand teams to ensure service levels and meet growing member needs." Adviser numbers have fallen from over 28,000 in 2019 to around 15,500 in 2025 ... |
| | | | Cbus has launched a campaign to help its members near the age of retirement claim government pension benefits. In a recent survey of its members, Cbus found that nine out of 10 respondents approaching retirement age lack confidence in understanding ... |
| | | | Establishing a framework to prevent disasters like the Shield Master Fund and First Guardian Master Fund from happening again will be the focus moving forward, minister for financial services Daniel Mulino told the Financial Advice Association Australia ... |
| | | | ... laws after the financial services Royal Commission. But [they] drove up the costs and made it harder for [advisers] to service clients. All those laws didn't protect investors in First Guardian, Shield [and] many others," Conaghan said. He also believes ... |
| | | | ... from the Philippines and India, where many practices have a dedicated back-office team. Roles in administration, customer service officers and paraplanners, which have declined in advertising rates in Australia by about 9% this year, she said, are mainly ... |
| | | | ... for their advice. That would mean that if those people were in place, whether it's as part of a broader financial service licensee or whatever, they wouldn't have that same flexibility to receive remuneration," Ross said. "They'd need to ... |
| | | | ... Retrac director Travis Carter, who co-hosted the session, said not only does it save time, but it provides a level of service to clients who may have not received a cash-analysis before. "Five years from now to 2030 what does the industry look like? ... |
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