The latest issue of Financial Standard now available as an e-newspaper
BT advice boss lands new roleBY KANIKA SOOD | WEDNESDAY, 7 AUG 2019 12:10PM
The former general manager of BT Financial Advice, who was grilled at Royal Commission hearings last year, will lead an ASX-listed managed accounts provider for a $500,000 base salary.
Read more: Royal Commission, Xplore Wealth, BT Financial Advice, Managed Accounts Holdings, Michael Wright, Sam Henderson, Viridian Advisory
|Sponsored by Insight Investment|
Towards a perfect currency solution
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors.
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|