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| | | ... business combination. So, that's been very pleasing," he said. In selling FIIG's funds management business, Salis did not see it fitting into AUSIEX's business model. "We were delighted to partner with MST to transfer the team and those clients across ... |
| | | | A long-serving Perpetual executive will relocate to Queensland next month to join QIC, overseeing its 900-strong global team. Paul Chasemore has been appointed chief people & culture officer, effective 1 December 2025. Chasemore spent 18 years at Sydney-based ... |
| | | | ... "Instead of the tailored financial advice that was promised, we will seek to allege MWL provided pre-determined advice that was not in clients' best interests. "Despite Shield having no proven track record, we will seek to allege clients were advised ... |
| | | | ... an expectation as such. It is a legal obligation," she said. "One area that APRA has been concerned that some funds might not be meeting their best financial interest duty is in relation to expenditure decisions." Beverley-Smith referred to APRA's scrutiny ... |
| | | | ... coal, iron ore, is largely a China play. Approximately 30-40% of Australia's exports are directed towards China. So, China is not a foe in that context," Elia said. "So, we have got to continue to work on that relationship. I think the federal government ... |
| | | | ... whole market down. "People often say to me, 'What's your biggest concern around the market?' And it's often not the market, as in the economics of the market, or the lenders, the borrowers, or the investors. It's another manager doing ... |
| | | | ... research house. ASIC alleges that the research house failed to obtain information needed to properly assess Shield and also did not consider the inconsistencies in information it received when rating the fund. It also alleges SQM Research misrepresented ... |
| | | | ... ASIC said. Many clients were advised to invest 100% of their super in First Guardian or Shield. ASIC alleges Interprac did not have an adequate process for approving financial products to be placed onto its approved product list (APL), relying entirely ... |
| | | | ... and that's because we see the job of reform and the job of responsible economic management as reinforcing each other, not an either or." Chalmers said Treasury is working towards making changes to the superannuation performance test, as was highlighted ... |
| | | | ... "That said, the system is evolving. It's growing rapidly. And so it would be, if you like, a dereliction of our duty, not to be thinking about potential scenarios where, over the passage of time, conditions could evolve and change, and risks could ... |
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