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| | | The owner and financial adviser at Build Your Wealth has been banned from the industry for five years after ASIC found evidence of conflicts of interest. Christopher Edward Luff failed as a financial adviser, according to ASIC's investigation, particularly ... |
| | | | ... Morningstar equity analyst Shaun Ler expects the outcome to put further pressure on Perpetual's management to cut costs, seek out higher-margin clients, and achieve a strong outcome from the sale of the wealth management and corporate trust capabilities ... |
| | | | ... embrace technology within their operations as pricing pressures may supress margins as clients become more cost-conscious and seek low-fee alternatives for simplified investment strategies and basic financial planning. By 2030, the 250 financial advisers ... |
| | | | ... the ACCC before completing a transaction, so the new bill aims to change that. Businesses will still be given the option to seek an informal view from the ACCC on whether an acquisition is likely to break the prohibition against anti-competitive acquisitions ... |
| | | | ... integrity, ASIC said it uses a combination of real-time trade surveillance data, analytical tools, and human expertise to seek out and identify potential misconduct. In the 2024 financial year, ASIC almost doubled the number of new insider trading investigations ... |
| | | | Remediation projects winding up at major firms has created a lot of competition in the job market for wealth compliance and risk candidates, according to a recent Kaizen Recruitment report. The past financial year has seen considerable changes in the ... |
| | | | AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ... |
| | | | ... a wealth of experience, perspective and market wisdom which we believe will serve our clients well," Rao said. Wahba will seek to build on SGA's long-term institutional relationships in Australia, bringing in-depth knowledge of the institutional ... |
| | | | Online investors are getting younger and bet heavily on global stocks, helping fuel the share market to record highs, according to a new survey. The latest Investment Trends Online Investing Report finds that Zoomers (18- to 24-year-olds) and Millennials ... |
| | | | State Street Global Advisors (SSGA) has announced the expansion of its State Street risk-based ETF model portfolios to include a new High Growth investment option. The High Growth model will be available to financial advisers on the Praemium, HUB24 ... |
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