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| | | ... make the exempt stablecoin's product disclosure statement (PDS) available to their clients, where the issuer has prepared one, ASIC said. The market regulator will continue to explore extending the relief to other stablecoins when they become eligible. ... |
| | | | ... advisers who were involved in super switching misconduct relating or similar to Shield and First Guardian. "We had a paper at the one of our commission meetings yesterday where there are 140 individuals that we are in the process of looking at," Court ... |
| | | | ... and the importance of diversification in managing risk. Despite rapidly mounting income expectations and housing concerns, one in two working Australians (48%) have no plan to prepare for their retirement. Vanguard managing director, Daniel Shrimski ... |
| | | | ... members' accounts and, while the victims were reimbursed, many were baffled by how such a well-established institution, one of such scale, could allow such a breach to occur. The answer? Well, in part, it was the lack of double verification requirements. ... |
| | | | ... economic, and environmental impact," it said. Growthfund highlighted that Greece has restored its investment-grade status, posting one of the Eurozone's highest primary surpluses, and now borrows at rates lower than the US. Its economy is forecast ... |
| | | | ... the major forces shaping the global economy and society now and into the future. This investment is expected to benefit from one of these megatrends: systemic changes to debt markets," he added. "Inflation and interest rates are likely to stay higher ... |
| | | | ... movements on their riskier overseas asset holdings. "The superannuation sector as a whole is estimated to hedge only around one-fifth of the value of its overseas listed equity positions," Hauser noted. He added that institutional investors should not ... |
| | | | ... claims with a binding beneficiary nomination will be paid out the fastest, but only a small proportion of Cbus members have one. "A binding beneficiary nomination is a clear, legally binding way for members to make their final wishes known ─ and we're ... |
| | | | ... environment, the importance of a robust prudential framework takes on greater significance. A stable and resilient financial system - one that absorbs shocks and does not amplify them - remains critical to supporting the economy through periods of turbulence," ... |
| | | | ... systems, affecting all Australians," he said. "The total penalties across these matters are the largest announced by ASIC against one entity and reflect the seriousness and number of breaches of law, the vulnerable position that ANZ put its customers ... |
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