Perennial investment services boss departs after 11 years BY ALEX BURKE | THURSDAY, 11 JAN 2018 12:08PMPerennial's general manager of investment services has departed after 11 years following his role being made redundant. Read more: Perennial, Macquarie, AM Corporation, Andrew Smith, Brian for, Brian Thomas, Capita Financial Group, Cesar Farfan, Credit Suisse Asset Management, Grant Oshry, IOOF, John Murray, NAB, National Benefits Consulting Group, NRMA Financial Services, Westpac |
| | ALEX BURKE | 12:49PM In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. | JAMIE WILLIAMSON | 11:37AM Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. | | | ALEX BURKE | 11:33AM Two Blue Sky funds have been rated "unapproved" and "low investment grade" by SQM Research after the manager conceded it had fallen short of shareholder expectations. | KARREN VERGARA | 12:40PM The financial advice industry is grappling with a sales culture mentality and is only at the "cusp" of being a "true profession," this morning's session of the Royal Commission has revealed. |
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