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Search ResultsShowing 91 - 100 of 100+ results for Elizabeth McArthur
Former Wallaby banned
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
Simon Poidevin has been banned from financial services for five years, with the Administrative Appeals Tribunal upholding ASIC's action. Poidevin was banned along with Damien Rodr following an investigation into trading in shares of DirectMoney ...
Ausbil promotes from within
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 APR 2020
Aussie equities manager Ausbil has made two key appointments, promoting from within on both occasions. Nicholas Condoleon, who has had a 14-year career at Ausbil so far has been promoted from head of equities research to co-portfolio manager for the ...
Westpac AUSTRAC bill continues to grow
ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
Westpac today announced expected increased costs associated with AUSTRAC proceedings of $1.03 billion. On top of that, the bank has increased provisions for customer refunds, repayments and litigation by $260 million. It's also had to write down ...
Vanguard boosts superannuation team
ELIZABETH MCARTHUR  |  TUESDAY, 14 APR 2020
Vanguard has created a new head of operations role for its burgeoning superannuation offering, hiring from an industry fund. Rachel Reynolds has stepped into the role of head of operations, superannuation at Vanguard. Reynolds spent almost five years ...
Will COVID-19 kill the balanced option?
ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
As consumers saw their superannuation balances nosedive when the COVID-19 pandemic began wreaking havoc on the market, many were surprised to learn their retirement savings weren't quite as safe as they thought, reigniting the debate around 'balanced' ...
Plenty still want in on ETPs: Research
ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Despite the market volatility wrought by COVID-19, money flowed into exchange traded products in March. The ASX's latest ETP data shows that even as the market was losing money, cash was flowing in. Rainmaker analysis shows the Australian ETP market ...
Hostplus responds to PDS controversy
ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Hostplus has responded to a series of reports suggesting the fund does not have ample liquidity to handle the government's plan to allow people to access their super early and claims it updated its PDS in preparation for mass redemptions. As part of ...
Association of Financial Advisers bolsters team
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
The Association of Financial Advisers has appointed a new manager education, policy and professionalism. Caz Garrard will step into the position, replacing Angela Karas. Karas has moved to First State Super as business enablement manager. Karas had ...
Super should shape up on unlisted valuations: WTW
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
Superannuation funds, including AustralianSuper, Hostplus and Rest, have been slashing the value of their unlisted assets - now Willis Towers Watson is interrogating why. In a new paper, Willis Towers Watson senior investment consultant Nick Kelly said ...
Trillion dollar stimulus debt debated
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
The extraordinary COVID-19 stimulus package is in front of Parliament today, with what is expected to be a trillion dollar debt being scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which ...
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