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30 July 2013 • By • 1 min read

ASIC cancels trustee license over MIS breaches

The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFSL) of a managed investment ...

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Schroders chief takes over as FSC chair

Schroders Australia chief executive Greg Cooper will this week formally take over from Macquarie Group’s outgoing group head of banking and financial ...

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NTAA claims ‘blitzkrieg’ on accounting sector

The National Tax and Accountants’ Association has accused “large financial institutions” of waging war on small accounting practices in an attempt to ...

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FSC blasts MySuper product dashboard process

The Financial Services Council (FSC) has reiterated deep concerns over the process under which the MySuper product dashboard requirements were ...

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Zenith researcher to lead institutional consultancy

Former Zenith Investment Partners head of alternative research Daniel Liptak has formed a specialist institutional consulting business – ZG Advisors ...

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Fidelity joins Calastone network

Institutional flows into Fidelity’s range of managed funds will now be automated via Calastone’s global transaction network. The Australian ...

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'Balanced' portfolios fail investors

The asset allocation structure in an average balanced fund is failing to deliver appropriate investment outcomes for members in retirement, according ...

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Regulation ‘unsettling’ for foreign infrastructure investors

Australia’s regulatory environment is “unsettling” for foreign investors looking at the infrastructure sector, according to The Trust Company

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GSAM grows distribution team

Goldman Sachs Asset Management (GSAM) has appointed Sam Besley as a key account manager in Melbourne. Mr Besley joins from Fidelity where he worked ...

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Accountants and planners to blend despite recent friction

There will be an increase in the number of blended businesses comprising accountants and financial planners, despite the recent friction seen during ...

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