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| | | ... using cold-calling and online click bait tactics to pressure Australians into moving their super into underperforming products have been mischaracterised. The remarks were not intended to be generalised to all financial advisers," she said. "I regret ... |
| | | | ... his seven years at Macquarie he sat with the Australian Origination team developing and managing structured financial products. At CBA, he ran pricing, acquisition and retention strategies for the $85 billion term deposit book. "We are excited to have ... |
| | | | ... in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products. The State Street International Equities Index Trust lost a whopping $638 million in December, while the International Equities ... |
| | | | ... advisers using cold-calling businesses to get clients. Currently, the anti-hawking provisions only cover superannuation products, not financial advice services. "Anti-hawking laws should be tightened, and current consumer protections locked into law ... |
| | | | ... commitment to expand its iShares product suite, offering Australian advisers and investors additional low-cost fixed income products. The new ETF is designed to provide Australian investors with a targeted exposure to long-duration Australian Treasury ... |
| | | | ... flagged late last year that it signed an agreement to acquire ATOM, which has 13 branches across Australia. ATOM's products range from personal protective equipment and safety signage to traffic control and office supplies. QIC head of multi-sector ... |
| | | | ... the Pengana Global Private Credit Trust, which will list on the ASX in late June 2024 under the ticker PCX. All three products leverage Pengana's global private credit master trust managed by Pengana in association with Mercer as the investment consultant ... |
| | | | ... and expenses (BRAFE) are used for the performance test. In the 12 months to March 2024, APRA used 0.274% for MySuper products, 0.2604% for non-platform TDPs, and 0.505% for platform TDPs. APRA uses trustee data as at August 15 each year to make its assessments. ... |
| | | | ... product advice," the explanatory statement shows. In instances where personal advice is provided on general insurance products, the new law proposes that informed consent requirements apply. Lastly, the bill wants written information or documentation ... |
| | | | ... and retirement. Research conducted by Equip Super revealed Australians felt that while they were marketed retirement products, once taking them up they never heard from those funds again. Thee research determined that Australians wanted direct, personal ... |
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