ASIC releases Information Sheet on warnings and reprimands given to financial advisers

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The requirement for ASIC to give warnings and reprimands to financial advisers in specified circumstances was introduced by the Financial Sector Reform (Hayne Royal Commission Response—Better Advice) Act 2021[1] (Better Advice... Read more continue reading

The RBA hikes rates again with more to go – but falling confidence and home prices will limit RBA tightening

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Key points The RBA has hiked the cash rate again – by 0.5% taking it to 0.85% and continues to signal more rate hikes ahead. We expect the cash rate... Read more continue reading

Padua appoints head of technical advice and head of marketing

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Padua Solutions has appointed Rudy Haddad to the newly created role of head of technical advice, overseeing Padua’s technical capabilities across its software, services, research & data divisions. Haddad has... Read more continue reading

SMSF software provider, SuperConcepts, achieves major milestone

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Specialist self-managed super fund (SMSF) software provider SuperConcepts has achieved its first significant milestone with its new iteration of SuperMate, having onboarded the first 1,500 funds onto the platform. The... Read more continue reading

S&P confirms A- ratings for two Metrics Credit Partners funds

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S&P Global Ratings has assigned A- ratings to Metrics Credit Partners (Metrics) Diversified Australian Senior Loan Fund (DASLF) and Real Estate Debt Fund (REDF). Metrics Managing Partner, Andrew Lockhart, has... Read more continue reading

Apostle Funds Management continues growth, appointing first Chief Operating Officer

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Apostle Funds Management (AFM) continues growth trajectory by appointing its first Chief Operating Officer, Eric Chu. This is a newly created role for the independent, female led fund manager following... Read more continue reading

RBA and the ‘stitch in time saves nine’ approach to monetary policy

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 The outcome of today’s RBA meeting is a difficult one to call. According to the 22 economists polled by Bloomberg, eight expect a 25 bp increase, eleven expect 40 bps... Read more continue reading

The Fold Legal prepares submission on the future of crypto regulation

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The Fold Legal is delighted to have made a submission to the Treasury Consultation Paper on Crypto asset secondary service providers: Licensing and custody requirements, which is looking at how... Read more continue reading

Pendal Group and Investment Giving Australia launch Australian-first philanthropic structure ‘Investment Giving’, revolutionising charitable investment through financial services

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Investment Giving Australia and Pendal Group (ASX: PDL) have announced an Australian-first innovation in the charitable investment sector with the launch of ‘Investment Giving’. Investment Giving is a new product... Read more continue reading

TAL Chair Duncan Boyle retires, Mark Joiner appointed to the role

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Australia’s leading life insurer, TAL, has announced the appointment of highly respected financial services industry leader Mark Joiner as independent Chair, following Duncan Boyle’s decision to retire after eight years... Read more continue reading