Vanguard Australia’s Rachel White said trustees handle the basics but still value professional advice on complex matters.
The new framework expands AFCA’s jurisdiction to consider the role of banks, telcos and digital platforms in scam complaints.
ASIC has permanently banned the responsible entity for the former Brite Advisors, Gerard Duffy, noting his relationship with AFCA.
MLC’s former head of Managed Accounts and Alternatives, Neil Gellett, has been named amongst a raft of senior appointments at AZ NGA.