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| | | ... growth for Fidelity's business in Australia, and further strengthening the firm's offering for Australian investors. Glazier is set to replace Lawrence Hanson who will leave Fidelity in September 2024 for an external opportunity. Hanson has been with ... |
| | | | ... Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March 2025. The combined fund will control over $29 billion in assets and serve 170,000 members. ... |
| | | | ... referred to as a "two pot" system. Under the scheme, from September 1, two-thirds of a person's retirement savings will be set aside and preserved until retirement. The remaining third will be placed into a second pot that individuals will have access ... |
| | | | Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ... |
| | | | ... fund for Australian retail investors in August 2023. The report said as a result, managers should be aware that ASIC plans to set up a division next year to evaluate private markets, particularly concerning valuations. Separately, a regional analysis ... |
| | | | ... access to exceptional global alternative managers," said Mann, who co-founded Longreach in 2016 with Andrew Flitcroft. "LCA is set to meet the growing demand among institutional and sophisticated investors in Australia and the Asia-Pacific region for ... |
| | | | ... of our digital environment means shocks travel across countries and industries much faster, and we need to ensure APRA is set up to react swiftly and effectively to key issues and crises," Lonsdale said. "The changes we are announcing today respond to ... |
| | | | ... clear," adding, "this judgment is an example of that." "The Court found that Kraken's margin offering is subject to a set of regulations called the design and distribution obligations when we extended fiat currency to clients, but not when we extended ... |
| | | | ... review is applied to our VMA and VMAAS offers in 2025," Wamsteker said. "Our investments in capability and resilience have set us up for long-term success." In addition, Wamsteker said the company was on the cusp of launching its next generation IDPS ... |
| | | | The government has passed legislation that will put in place new powers for regulators to protect financial market infrastructure in the event of a crisis. Treasurer Jim Chalmers said the new laws will provide regulators with more powers to manage financial ... |
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