ASIC consults on plan to increase visibility of firms’ breach and complaints data

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As part of its commitment to enhance transparency and accountability, ASIC is consulting on plans to publish two dashboards containing firm-level Reportable Situations (RS) and Internal Dispute Resolution (IDR) data... Read more continue reading

Navigating an evolving landscape of interconnected risks: the role of active stewardship in AXA IM’s fiduciary duty

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AXA Investment Managers (AXA IM) has released its 2024 Stewardship report, reaffirming its commitment to long-term value creation through active stewardship. The report outlines AXA IM’s ongoing efforts to drive... Read more continue reading

FAAA outlines five priorities for next Federal government 

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The Financial Advice Association Australia (FAAA) has outlined five key asks for an incoming government.  The five key asks of the FAAA are:   Fix the Compensation Scheme of Last Resort... Read more continue reading

SMSF members urged to be vigilant following large fund cyber attacks

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The SMSF Association is urging all self-managed super fund (SMSF) trustees to remain alert and proactive in safeguarding their funds’ security in the wake of recent cyber-attacks on some large... Read more continue reading

Perpetual Corporate Trust secures Market License to digitally enable the wholesale term deposit market

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Perpetual Corporate Trust, a leading provider of fiduciary and digital solutions, has been granted a Market License in Australia, allowing it to operate a digital marketplace in a range of... Read more continue reading

Fitzpatricks creates Head of Product role to sharpen focus on retirement & intergenerational wealth

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Private wealth firm, Fitzpatricks Group, has appointed former Colonial First State executive, Andrew Chapple, to the newly-created role of Head of Product, as the group sharpens its focus on enhancing... Read more continue reading

Ecstra Foundation calls for national leadership to address declining financial literacy levels

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Ecstra Foundation is calling on Australia’s next government to commit to a national, comprehensive and coordinated approach to improving financial wellbeing for all Australians as a social and economic imperative.... Read more continue reading

Consumer sentiment hit by tariff turmoil

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The Westpac-Melbourne Institute Consumer Sentiment Index fell 6% in April, to 90.1 from 95.9 in March. Matthew Hassan, Westpac Head of Australian Macro-Forecasting, said: “Consumers are showing deepening unease about... Read more continue reading

The Trump Dump in shares – what does it mean for Australia and investors?

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Key points Share markets have fallen further on US President Trump’s worse than expected tariff policies. Further weakness is likely but at some point Trump is likely to pivot towards... Read more continue reading

American Century appoints Tom Fellowes as new vice president – Australia sales

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American Century Investments has appointed Tom Fellowes to the role of vice president Australia sales, effective 3 April 2025. Based in Sydney, Mr Fellowes will report to head of Asia... Read more continue reading