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Showing 1131 - 1140 of 10357 results for "Close"

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
Platinum Asset Management appointed a new chief executive to replace Andrew Clifford and unveiled a new-look board in the hope of stemming outflows and revitalising the business. The $15.5 billion fund manager named Jeff Peters as its chief executive ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
The Financial Services and Credit Panel (FSCP) has slapped a financial adviser with a "registration prohibition order" for being insolvent under administration. Timothy Leslie Anderson's registration as a relevant provider has been revoked from ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ...

Bravura Solutions executes restructure

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... Spencer, who joined Bravura in November last year, will take up the position of Bravura chief executive, EMEA. Spencer boasts close to 35 years in financial services, serving at a variety of firms including Fidelity, Fund Partners Limited, Brunel Pension ...

Ultra-low fees define basic ETPs

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
Exchange-traded products (ETPs) present investors with an opportunity to construct a diversified balanced portfolio at a remarkably low total cost of ownership. According to Rainmaker Information, investors can get a diversified balanced portfolio with ...

Rest welcomes chief financial officer

CHLOE WALKER  |  TUESDAY, 5 DEC 2023
After five years of working closely with the super fund as a consultant, John O'Sullivan joins Rest as its new chief financial officer. O'Sullivan brings over 20 years of experience to the role, having served in various roles across banking ...

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
Across the globe, billionaires of all generations are watching and are likely to continue following the opportunities and risks of generative artificial intelligence (AI). The latest UBS Billionaire Ambitions Report, now in its ninth edition, surveyed ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... clients; and charged 761 clients a combined total of more than $4.7 million in fees for services not delivered. In total, close to $14.5 million in inappropriate ongoing fees were charged and have since been remediated. The court determined the failures ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... at ensuring Verve's future sustainability. It's also the next logical step for the two, which have long shared a close relationship. Verve was launched in 2018 by former Future Super board director and advisor Christina Hobbs and former head ...

AMP selects new chief technology officer

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... expertise include superannuation, investments, digital, data, lending, and corporate applications. Prior to AMP, Mistry spent close to four years at AustralianSuper where she served as its head of enterprise technology and co-acting chief technology ...