FAAA welcomes progress on Shield and First Guardian response, but detail is critical

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Yesterday’s National Press Club address by Assistant Treasurer and Minister for Financial Services Daniel Mulino included welcome progress on the response to Shield and First Guardian, but further action is... Read more continue reading

Lonsec launches Governance Solutions to meet growing demand for investment governance expertise

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Lonsec has announced the launch of Lonsec Governance Solutions, a new business established to help fund managers, responsible entities, licensees, private wealth firms and platforms strengthen governance frameworks, improve investment... Read more continue reading

Munro Partners to acquire GSFM, deepening relationship with CI Global Asset Management and strengthening its distribution capabilities

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Munro Partners (Munro) and CI Global Asset Management (CI GAM) has announced an agreement under which Munro will acquire GSFM Pty Limited (GSFM), CI GAM’s Australian investment fund management affiliate.... Read more continue reading

Kit Legal warns AUSTRAC’s patience isn’t a free pass

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Six weeks into Australia’s expanded anti-money laundering regime, and Kit Legal is warning advice, accounting and law firms against a mistake that is unfolding – reading the supportive tone from... Read more continue reading

Perennial expands resources capability with launch of Global Resources Trust

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Flagship Perennial Strategic Natural Resources Trust closes to new investors after reaching capacity Perennial Partners has announced that it has launched the Perennial Global Resources Trust, expanding its long-established resources... Read more continue reading

HSBC appoints Swami Nagarajan as Head of Securities Services, Australia and New Zealand

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HSBC is pleased to announce the appointment of Swami Nagarajan as Head of Securities Services, Australia and New Zealand who joined 17 August. Swami will lead our Securities Services business... Read more continue reading

AMAFA welcomes three more advisers

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AMAFA has welcomed three financial advisers to its national network: Benjamin McNeil, who joins Queensland-based MB Financial Group, Thaveesh (Tav) Palapathwala and his Melbourne-based practice, Obsidian Wealth Management, and Martin... Read more continue reading

Allianz Retire+ expands access to Guaranteed Lifetime Income with AGILE Super+

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Allianz Retire+ has announced the launch of Allianz Guaranteed Income for Life: Super+ (AGILE Super+), a new direct superannuation pathway that significantly expands access to its guaranteed lifetime income solution... Read more continue reading

Zurich Australia board appointment

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Zurich Financial Services Australia (Zurich) has announced the appointment of Alexis George as Independent Non-Executive Director to its Board. Ms George has more than 30 years’ experience in financial services,... Read more continue reading

SIAA launches AI-powered toolkit to help develop future advisers

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The Stockbrokers and Investment Advisers Association (SIAA) has launched the Developing Adviser Resource Toolkit (DART), a new AI-powered professional development resource designed to help early-career advisers build the practical skills, confidence and... Read more continue reading