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| | | The Financial Advice Association Australia (FAAA) general manager of policy, advocacy and standards Phil Anderson warned licensees to improve their control measures for authorised representatives to avoid any unintended consequences. Breaking down licensees' ... |
| | | | APRA hit Equity Trustees' subsidiary and the trustee for the HUB24 Super Fund, HTFS Nominees, with additional licence conditions. The new licence conditions centre on HTFS Nominees' weak, ill-defined and inconsistent investment option selection ... |
| | | | Morningstar said super funds could be the safest and most effective option for retail investors to access private market investments. This, it said, would especially benefit those investors who do not have the capacity to do their own research and due ... |
| | | | ... with consumer credit law." Customers, who were struggling to meet repayments on home loans, credit cards, personal loans and car loans, contacted the bank on financial hardship grounds between 2017 to 2023 via subsidiaries St George Bank, Bank SA and ... |
| | | | Janus Henderson is expanding its private credit offering across Europe, the Middle East and Africa (EMEA), making two specialist strategies from recently acquired Victory Park available to regional investors. The move follows Janus Henderson's acquisition ... |
| | | | ... are probably more." The cockroach Dimon was referring to was Tricolor Auto Group, an American subprime auto lender and used car retailer that entered liquidation after allegations of pledging the same collateral on multiple loans, costing Chase US$170 ... |
| | | | Aware Super has appointed a new head of stewardship within its Aware Responsible Investment team. As head of stewardship at Aware, Chris Newton will be leading a team of analysts focusing on building financial value and sustainable outcomes for the ... |
| | | | AFCA has overturned a decision by AIA Australia and Hostplus over a refusal to pay a $1.466 million additional total and permanent disablement (TPD) benefit, despite recognising the member failed to declare an underlying health issue when applying for ... |
| | | | Macquarie Group shareholders are questioning if the investment giant is still committed to aligning its finances with the goal of net zero by 2050 and if so, how it plans to assess its fossil fuel financing activity for compliance. Shareholders have ... |
| | | | The insurer found that market volatility, and inadequate savings are no longer the greatest threats to retirement outcomes, rather, it comes down to hesitancy to make the decisions retirement requires. Allianz Retire+'s The two-chapter retirement report ... |
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