Stake names new chief executive

stake/platforms/online-trading/

Ushering in a new chapter of growth, the Australian investment platform has announced a key internal appointment as its founder Matt Leibowitz transitions to the role of executive director.

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Plan for Federal Court to hear ASIC criminal trials faces backlash

law/federal-court/ASIC/criminal/

A proposal for ASIC criminal trials to be introduced to the Federal Court has received backlash from the Law Council of Australia, which argues the judges lack sufficient expertise for these types of trials.

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Advisers unlikely to get green light for crypto investment

ASIC/cryptocurrency/crypto/bitcoin/

The US Securities and Exchange Commission may have approved Bitcoin ETFs, but financial advisers in Australia will still face restrictions on advising on them.

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Treasury unveils final policy design for climate reporting reforms

climate-change/Jim-Chalmers/financial-reporting/climate-change-disclosure/ESG/

The Treasury has opened a consultation on the final policy design of corporate climate-related financial disclosure requirements, outlining what companies and super funds will need to do.

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Pressure for adviser exam cost reduction ramps up: FAAA

exam/ASIC/professional-year/

The FAAA expects to see a reduced fee to sit the financial adviser exam once the proposed changes are implemented, with the current cost sitting steep at $1,500 per attempt.

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Signed, sealed and delivered: Treasury consultations in 2024

quality-of-advice-review/Parliament/treasury/Superannuation/Jim-Chalmers/consultation/

With a raft of Treasury consultations announced last year, Money Management examines their progress through Parliament and which could pass this year.

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FAAA calls for sole purpose test update to reflect QAR

quality-of-advice-review/APRA/sole-purpose-test/Superannuation/super-funds/

The FAAA has called for APRA to update the sole purpose test to reflect changes under the Quality of Advice Review for super funds to provide advice.

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T. Rowe Price announces global retirement strategy team

T-Rowe-Price/retirement/fund-management/

The asset manager is bolstering its capabilities in the retirement space with the formation of a new team that will look into new retirement products and services.

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SG Hiscock taps UniSuper executive for group CIO

SG-Hiscock/unisuper/CIO/

The Australian fund manager has appointed Robert Hogg as group chief investment officer after an extensive market search, taking over the reins from Stephen Hiscock.

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Swanson resigns from Centrepoint Alliance board

ClearView/Simon-Swanson/

Simon Swanson has resigned from the board of Centrepoint Alliance, just four months after being appointed as chair.

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