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APRA sets sights on 2019 targets
HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
APRA has outlined its policy focus for the remainder of the year following the Royal Commission. Releasing its annual policy priorities document this week, the prudential regulator said it would build on the work it began last year, while taking ...
BT adds extra capability to life quote software
HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
Financial advisers using BT's life insurance quote and application software will enjoy new enhancements after the wealth group rolled out an update. Two new features have found their way into BT's LifeCENTRAL+ and are set to make life easier for ...
Industry super performance moves members: Research
HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
Industry superannuation funds continue to impress members more than retail counterparts when it comes to financial performance. Latest figures from researcher Roy Morgan show industry super funds continue to skip ahead of retail funds in terms of ...
Midwinter appoints new chief executive
HARRISON WORLEY  |  THURSDAY, 28 FEB 2019
Jeffrey Hall has been appointed as Midwinter chief executive, joining the company after about seven years as a director in EY's wealth and asset management arm. Midwinter said Hall's appointment followed an active search for additional "executive ...
AFA rebukes ideological drive against conflicted remuneration
HARRISON WORLEY  |  WEDNESDAY, 27 FEB 2019
The Association of Financial Advisers came out swinging in a public response to the Royal Commission's final report this morning. Speaking at the Sydney leg of the association's annual Connect Tour, AFA general manager of policy and professionalism ...
NAB extends asset manager custody deal
HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
NAB Asset Servicing has extended its custody partnership with a $4.5 billion fund manager. On Tuesday the custodian said an extensive operating model led to the deal extension, which will see it also provide unit registry services, including call ...
KPMG expands advice remediation team
HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
KPMG recently launched a hiring spree to support clients with financial advice remediation efforts. As wealth managers further move to remediate customers for various fees for no service and financial advice misconduct, KPMG is bolstering its ...
Former AMP Capital exec to lead global asset manager in Asia
HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
A former AMP Capital executive will lead the Asia Pacific arm of an asset manager with US$90 billion of funds under management. Anthony Fasso - who led the international businesses of AMP Capital for eight years - will take the reins of PineBridge ...
Royal Commission boosts platform provider
HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
Another platform provider believes it's well positioned after the Royal Commission. Releasing its half-yearly results to the ASX today, HUB24 said it expects to benefit from Kenneth Hayne's suite of recommendations for improving the wealth ...
Macquarie shuffles wealth leadership
HARRISON WORLEY  |  MONDAY, 25 FEB 2019
Macquarie's wealth division is about to see a few changes at the top. From April 1, Macquarie head of wealth product and technology Cameron Garrett will head up the firm's wealth intermediary. After leading the firm's wealth products and technology ...
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