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|Following long awaited legislation changes to superannuation, the system still remains fundamentally attractive, consultant Rice Warner says. While the changes are some of the biggest to the super tax system in the last decade they present an opportunity ...|
|Former managing director and president of the Future Fund, Mark Burgess, will become independent chair of a GSAM spinoff following the completion of a management buyout. Slated for the end of December, the completion of the management buyout of GSAM's ...|
|PIMCO is developing and expanding its private credit platform by entering a joint venture with a US investment adviser. The venture with Solar Capital Partners is the result of a relationship between PIMCO and Solar Capital Partners that was initiated ...|
|SMSF Association managing director and chief executive, Andrea Slattery, stepped down from the board of the International Centre for Financial Services. Slattery has worked in the financial services industry for more than 25 years and spent 12 years ...|
|Accountants and business advisers HLB Mann Judd Melbourne made two new appointments. Adrian Kelly joined as a partner in HLB Mann Judd's audit and assurance services divisions, while Bruce McMenamin was appointed as a director in the corporate and business ...|
|Atlantic Pacific Securities (APSEC) made a senior appointment to its analyst team. Tim Montague-Jones will join APSEC, bringing more than 20 years' of investment management experience. Montague-Jones joins from Macquarie Group where he was a senior ...|
|False information and misrepresentations made to ASIC are undermining the regulator's integrity, highlighting one of several concerns in its latest licensing activity report. The report, which reveals the volume and outcome from ASIC's licensing and ...|
|Insurance within superannuation is critical to curbing Australia's underinsurance problem, with group insurance giving more than nine out of 10 working Australians cover they wouldn't necessarily otherwise have. Submitting to the Parliamentary Joint ...|
|The Global Infrastructure Hub is launching an online database to give the private sector free information about government infrastructure projects around the globe. Project Pipeline will provide early stage visibility of potential projects and will ...|
|Carwardine Financial Services will undergo an independent external review of its compliance after ASIC surveillance identified a number of concerns. ASIC's surveillance concluded in September 2016 and identified a number of issues with Carwardine's ...|
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The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services.
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New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
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Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws.
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Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team.
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