Industry hits out at Best InterestBY CLAIRE MCGREAL | FRIDAY, 25 NOV 2011 12:10PMThe Financial Services Council has slammed the government's Best Interest Duty proposal as being "unworkable", warning that in its current form, would give rise to "significant unintended consequences". |
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Colchester launches first two ETFs in Australia
|Colchester Global Investors has handed a mandate to Equity Trustees for two new ETFs, making it's first offerings in Australia.
Local advice sector an attractive opportunity for global PE firms
|Local experts are observing a growing investment opportunity in Australian advice platforms that may not be as apparent for global investors, but since the sector is currently at its "infancy", many can capitalise on buying low and selling high.
FSC calls for tougher oversight of advice licensees
|The Financial Services Council (FSC) has called for a significant overhaul of ASIC's supervisions of financial advice licensees, arguing stronger regulatory oversight is needed to better protect consumers following recent industry failures.
State Street launches first active ETFs in Australia
|State Street Investment Management has launched two actively managed exchange-traded funds (ETFs) in an extension of its partnership with Blackstone Credit and Insurance.
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Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
