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| | ASIC commissioner Simone Constant says the regulator's new report on exorbitant advice fee deductions is not a criticism of advisers, rather of trustees failing basic obligations, with more still needing to be done by the reviewed funds some 12 ... |
| | | ... expertise in-house," the asset owner said at the time. Interestingly, Ferguson's departure comes as Cbus advertises for a new head of portfolio construction. According to the post, the job calls for expertise in portfolio construction and strategy ... |
| | | Frontier Advisors has announced four new appointments, hiring from Aviva, Zenith, Cooper Investments and Motley Fool. Firstly, Daniel Manser will join Frontier's client consulting team, working with investors across all client segments. Manser joins ... |
| | | ... checks of advice documents at all. ASIC is calling on trustees to do more to protect members from "unscrupulous operators" as a new report identifies serious deficiencies in their monitoring of financial advice fee deductions. The regulator has also ... |
| | | ... comply with from 1 July 2025. In that speech, McCarthy Hockey said: "Perhaps the most significant change introduced by our new standard is the requirement for an end-to-end view of operational risk, with a focus on critical operations, including those ... |
| | | ... 31 December 2025. "... the domestic asset manager will move from having a well-known and long trusted brand to a completely new one. We see this as presenting some risk, albeit the ability to use the brand on funds for a further seven years perhaps mitigates ... |
| | | ... Members Council (SMC) has slammed the Coalition's plan for young Australians to use their super for a house deposit, saying new modelling shows it could cost taxpayers a cumulative $1 trillion. SMC said even a policy which capped super withdrawals at ... |
| | | ... management business. Cooper will also head the board's sub-committee that is currently conducting a worldwide search to find a new chief executive for asset management. Perpetual's share price sunk 7.74% on the back of the announcement. |
| | | ... recommendations to further enhance its investment platform; building improved product and distribution capability through new channels; and finalising back-office outsourcing. Morningstar forecasts that Platinum's FUM will decline to about $10 billion ... |
| | | ... June 30, the super fund said, noting that from a risk and return perspective the option is similar to the Bonds option. The new option will take on more risky investments and increase its allocation to equities. "Consequently, the Conservative investment ... |
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