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| | | This year, APRA is focused on rectifying sub-standard practices, eradicating unacceptable performance, and influencing improved retirement outcomes. That's according to its 2023 supervision priorities, released today. It said it's all part of holding ... |
| | | | Insignia Financial reported an increase in funds under management and administration (FUMA) in Q2 FY23 despite divesting from JANA and AET. Insignia FUMA was $285.1 billion as at 31 December 2022, an increase of $7.4 billion (+2.7%) on a continuing ... |
| | | | ... their fiduciary responsibilities by providing independent advice, oversight and assurance and an understanding of best practice," Dudley said. "We're also continuing to support the funds' internal investment teams with our ability to go deeper ... |
| | | | ... Standards Board for four years. He also has close to two decades' experience as a financial adviser, running his own practice, Hood Sweeney. |
| | | | HUB24 has launched additional ESG ratings on its platform, following a collaboration with Morningstar and Responsible Investment Association Australasia (RIAA). The new functionality provides advisers with access to "data-driven insights" and reporting ... |
| | | | ... conflicts of interest, when this confidential law reform information was shared with "partners and staff in their tax practice. ""PwC breached its obligations under the law and the Code of Professional Conduct," it said. The TPB has since ordered PwC ... |
| | | | With more than half of Australia's financial advisers now using managed accounts, State Street ETF model portfolio strategist Sinead Schaffer says their popularity is only going to continue to rise. Speaking with Financial Standard, Schaffer said ... |
| | | | ... standards for paraplanners is required, or desirable. In our view, the profession is capable of, and should be, setting best practice standards for this important support role." "The FPA has many paraplanner members and we are currently working with ... |
| | | | Pre-retirees are increasingly interested in receiving financial advice, according to a retirement planning study by Fidelity International. Fidelity's New Life Old Life report shows that 80% of pre-retirees currently receive advice, have received ... |
| | | | HUB24 recorded $2.8 billion of platform net inflows in Q2 FY23, down 23.6% year on year. The funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its ... |
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