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| | | ... can blow the entire business," Anderson said. To improve, Anderson said licensees must assess products before they had put them onto an approved product list (APL), stating that they can't just rely upon research houses, or products that were included ... |
| | | | ... concerns about its investment governance frameworks and practices, and just how rigorous it looks at options before it offers them to advisers and their clients. Adding more to its troubles, ASIC announced last wee k it commenced civil penalty proceedings ... |
| | | | ... assets while still being able to effectively manage liquidity risk. "Super funds are Australia's mega investors, and for them, investment in private assets is a well-established diversification strategy," Morningstar said. It added there is also a strong ... |
| | | | ... specific idea that I've actually mentioned publicly... is to be able to say to a start-up or an entity that has an idea and give them a person at the regulator that they can deal with throughout the journey," he said. "I think that would give start-ups ... |
| | | | APRA executive director of superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries ... |
| | | | ... doesn't mean avoiding such investments opportunities, rather, finding ways to build protection and resilience around them. Diversification from a total portfolio perspective, he said, is one way. Furthermore, investors should not ignore the speed ... |
| | | | ... illness or the loss of their job. Instead of providing a safety net for these customers, Westpac's systemic failures let them slip through the cracks," she said. Westpac has since committed to funding and implementing new technology systems and processes ... |
| | | | Cyber threats have increased significantly over the past year, and experts are advising financial services businesses to enhance their security framework, not only to shield their digital infrastructure but to also to ensure their governance policies ... |
| | | | ... said the North platform is getting "much sharper" in removing investment options that are not scaling rather than leaving them to linger on the menu. She added the trend historically has been to leave small options to "wither on the vine". "I think that ... |
| | | | ... And the $370 billion super fund doesn't like to mix its institutional money with funds that may have retail money in them, he adds. "That is at least an amber flag for us. Because we don't think that's in our members best financial interest," ... |
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