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Showing 761 - 770 of 8321 results for "retail"

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... by an independent person with expertise in financial services laws compliance to pre-vet the next 10 SoAs provided to a retail client. The written direction also forces an audit of 10 past SoAs that the adviser provided to clients between 1 February ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... timely manner. The group of trustees that came under ASIC's review was deliberately diverse, representing a mix of industry, retail, and corporate super funds, with internal and outsourced administration arrangements, it said.

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... acquisition of 2 Coach Street, Cobblebank is part of a plan to develop the area into a private hospital, allied healthcare, and retail facilities in a mixed-use town centre. It comes after Australian Unity reopened its fund in March to raise $350 million ...

Rainmaker MySuper index outdoes S&P ASX 200

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... across all age groups through the 12-month period. The not-for-profit (NFP) MySuper index maintained its lead over the Retail MySuper index over the past 12 months. The NFP MySuper index returned 1% compared to the Retail MySuper Index's -0.9%, achieving ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
... Busselton neighbourhood shopping centre reflects the group's increased focus on the golden state, according to head of retail Bruce McCully. The daily needs neighbourhood shopping centre is anchored by a Coles Supermarket and provides a 3.25-year ...

Large AFSLs lead advice complaints: AFCA

KARREN VERGARA  |  THURSDAY, 22 JUN 2023
... ultimately ordered Mr. S's licensee to perform three successive compliance audits in relation to personal advice provided to retail clients, with a minimum of 12 months between each successive audit, starting in 2023. The FSCP typically oversees ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

Australian Retirement Trust names chief of retirement

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... and was general manager of platforms and investments. Vincent's 30 years of experience has predominantly been in the retail sector, working in roles across product, strategy, and financial advice. She spent more than 18 years at Macquarie Group and ...

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... 2025. As of March 2023, NAB Asset Servicing oversaw the assets of Alcoa of Australia Retirement Plan, Australian Ethical Retail Superannuation Fund, Australian Meat Industry Superannuation Trust, Crescent Wealth Superannuation Fund, Equipsuper, Fiducian ...

Macquarie shifts toward AI-first banking

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... with automated processes. "Over the past decade, we've made significant investments in the technology that underpins our retail banking platforms, building them to be cloud-first and completely digital," said Macquarie's head of banking and financial ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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