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| | | ... that if they do, more action will be taken. "One thing we've been really clear about is not letting or setting the industry up to fail here. As we started to look at this area, we were very open with communication, but also with the funds. We have ... |
| | | | ... evolve in the face of greater market volatility, and the potential impacts of the Quality of Advice Review on the local industry yet to fully play out, it's essential that wealth managers keep pace with these changes..." Notably, full-service banks are ... |
| | | | The Financial Advice Association Australia (FAAA), in consultation with leading accounting bodies, has released new guidance on tax-deductible advice fees. The guidance follows the release of the ATO Tax Determination in September last year, which the ... |
| | | | ... more personalised advice and a stronger fund overall." Aware Super said the change sees its fees now $600 less than the industry average and will save retirees about $3100 over the course of retirement. |
| | | | ... Superannuation Corporation. Challenger chair Duncan West said the appointments reflect the company's commitment to recruiting industry leaders to its board. "I am delighted to welcome John and David, whose compelling global experience will complement ... |
| | | | ... mandates to ensure accountability," the regulators said. Despite concerns, the regulators said they were positive about the industry's preparedness for the FAR, particularly noting that funds had been proactive in identifying accountable persons ahead ... |
| | | | As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ... |
| | | | ... markets, also helmed the corporate fund's multi-manager portfolios. The departure is notable given Dias's strong industry background. She spent over a decade at Commonwealth Bank Group Super, including seven years as chief investment officer ... |
| | | | ... before reuniting with Escala's founders two years ago. Perry began his 25-plus-year career in the financial services industry as an adviser before running wealth management businesses for Solomon Smith Barney and then UBS. McNaughton also joined ... |
| | | | ... meanwhile, saw a 24% year-on-year ($40 billion), with 17% driven by net flows and 7% from market gains. "The managed funds industry continues to attract funds, but there's a sharp contrast between unlisted unit trusts and ETFs," Rainmaker said. Seven ... |
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