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| | | OpenMarkets Australia has launched a new trading platform targeting self-directed investors and financial advisers. OpenMarkets Equix allows investors to trade ASX-listed equities, warrants and exchange-traded products including ETFs. Equix will also ... |
| | | | ... technology companies entering financial services. The BIS said the entry of big tech into financial services presents new risks - not least of all, the competition these companies present to existing financial services firms due to their large customer ... |
| | | | ... responsible entity of the fund, and Future Super Services has been appointed as fund manager. According to the PDS, investors will not be charged establishment, contribution, withdrawal or exit fees, however investors will pay 0.99% of their net asset ... |
| | | | ... previously spent 11 years at GAM as marketing director, institutional and then head of product marketing. To date, Ellerston has not replaced Carter. Ellerston, which is owned by Consolidated Press Holdings, recently took a controlling stake in Morphic ... |
| | | | ... interests of members, the Australian Institute of Superannuation Trustees pointed out that the proposed changes to SPS 515 do not align with the updated legislation. "We believe that the prudential standard must be amended to align with the legislation ... |
| | | | ... according to Rainmaker research. CommSec Advisory is understood to have about $4 billion in funds under advice. However, CBA did not confirm. CommSec generated $224 million of $5.9 billion in total net interest income and banking income in the half-year ... |
| | | | ... Commission's final report, commissioner Kenneth Hayne recommended when ASIC identifies misconduct, its starting point should be "why not litigate?" instead of the "negotiate" tack the regulator has traditionally taken. Hayne added that ASIC should make ... |
| | | | ... provide default super to new employees who are ineligible to join the Australia Post default superannuation fund (APSS) and have not nominated another fund, the CWU recently wrote on its website. Australia Post closed APSS to new members in 2013. AMP ... |
| | | | ... circumstance, she added. Expanding the range of retirement income products available in the market will also be reviewed. She did not provide a timeframe for the review, other than stating more information will be available in due course. |
| | | | ... our engagement strategies." Tip offs to the ATO are kept anonymous and due to that anonymity, if you report someone you may not be able to find out the outcome of your tip off. |
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