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| | | ... gained through his career at Mercer, AMP, AXA, Industry Fund Services and KPMG. He joins from HUB24, where he served as general manager of product development for about 15 months. Angelucci spent seven years at Mercer, most recently as head of product ... |
| | | | ... him the dispute disappeared," Singh said. On a brighter note, life insurance complaints trended down 24% to 1898, while general insurance complaints skyrocketed 50% to 27,924. From the total 96,987 complaints AFCA registered in FY23, the impact of the ... |
| | | | ... investment specialist, APAC. Ramscar brings over 20 years of experience in financial services, having spent a decade at Legal & General Investment Management in London, including the past five years as its head of sustainability solutions. She has also ... |
| | | | ... said: "As foreshadowed in our third quarter business update, the macro environment has remained challenging and is driving general caution towards equities, particularly in the US." "Disappointingly, we experienced mandate losses from a client in each ... |
| | | | ... Kallenbach says the last 12 months have seen a significant increase in the sophistication and frequency of cyber-attacks. "In general terms, I do believe that Australian financial services organisations are focused on pre-paring for future cyber-attacks," ... |
| | | | Thanks to a robust start to the year, economists and investment strategists are feeling more confident that a recession won't take place in the second half, according to a recent survey by Natixis Investment Managers (Natixis IM). The survey, conducted ... |
| | | | Life and general insurance companies are withstanding the shocks of inflation as investors look to the sector as a shield from wider economic uncertainties. Financial advice firms that specialise in life insurance are experiencing solid demand from ... |
| | | | ... failed to balance considerations of risk against commercial reward appropriately." According to the PRA, this led to a general failure by the firm, to adequately address the risk arising from Archegos' portfolio. "A confusion of responsibilities ... |
| | | | Australian Ethical is honouring its head of domestic equities Michael Murray, following his sad passing last week. Sharing the news, Australian Ethical chief executive and managing director John McMurdo offered his heartfelt condolences to Murray's ... |
| | | | ... The two products offer an income replacement ratio of up to 60%. The interim stop order affected IP distributed through general advice only and did not affect advisers who provide personal advice. ASIC has thus far issued 39 interim stop orders for defective ... |
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