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| | | ... would expand the range and flexibility that we can offer the market over time." Bhatia added he believes the acquisition will further strengthen MUFG's long-term resilience, investment capability and commitment to the administration ecosystem of ... |
| | | | ... clearly defined risk and return objectives, have not passed demonstrate the shortcomings," an AMP spokesperson said. "We will continue to advocate for reforms that ensure the test achieves its objectives, including a benchmark which reflects the wider ... |
| | | | Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market. The two parties entered into a definitive agreement, the financial terms of which were not disclosed. Outlets ... |
| | | | Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers. The reforms will ... |
| | | | ... named a new chief information officer to be based in California and set to take on the role in November. Guillermo Veiga will take on the role, succeeding Marta Zarraga, who will retire at the end of the year. Veiga will relocate to California from Singapore ... |
| | | | Centuria Capital will be led solely by Jason Huljich from November 27, who will take the role of group chief executive, after joint chief executive John McBain decided to step down from the role, which will also come into effect on the same date. Centuria ... |
| | | | ASIC and APRA have called on financial services firms to move beyond awareness of frontier artificial intelligence (AI) risks and demonstrate they can respond to threats unfolding at unprecedented speed. The regulators' warning follows nine industry ... |
| | | | ... Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards. In her the role, Waller will lead the association's professional standards framework, with responsibility for accreditation, continuing professional ... |
| | | | Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1. The Retirement Bonus feature, once effective, will provide eligible members up to $14,700 when they move into a UniSuper Flexi ... |
| | | | ... foreign-exchange movements, and by introducing AUDD, it creates an "Australian-dollar-native pathway". The pair said the partnership will enable Australians to deposit, lend and withdraw in Australian dollar without carrying currency exchange risk, while ... |
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