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Last chance to vote: MAX Awards

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
Voting for the 29th annual Financial Standard MAX Awards will close at 5pm today. So far, the nominees have received 2494 votes in total. The MAX Awards look to celebrate the best and brightest in financial services marketing, advertising, and sales ...

MLC Life appoints chief investment officer

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... the dual roles of chief investment officer and deputy chief financial officer. Hiroyuki Endo, who was most recently the general manager of the separate account investment department for Nippon Life Insurance, MLC Life's parent company, moves to the new ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... right explanation, it is not based on the facts," she said. She reminded industry that such institutions already provide "general advice" and said the changes will simply mean the customer's personal circumstances will need to be taken into consideration ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... Piggott to head of risk. Horn will report to Anne Browne as the chief risk officer while Piggott reports to Dianna Orbell, general manager for risk and assurance. Browne said the new roles are part of changes in the risk and compliance team structure. ...

Ord Minnett welcomes head of private wealth

CHLOE WALKER  |  FRIDAY, 28 APR 2023
... experience in the financial services industry, having held senior positions at NAB, Westpac and at Wilsons, where he was general manager of private wealth. Most recently, he served as Ord Minnett's state manager, Victoria and South Australia. In his ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking stability and certainty of ...

Perpetual progresses Pendal integration

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... trust arm now has total funds under administration of $1.16 trillion. "Looking ahead, we expect the macro environment and general market conditions to remain challenging. This will impact each of our asset management boutiques differently, given the ...

MAX Awards 2023: Get voting

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
Votes are flowing for the finalists of the 2023 Financial Standard MAX Awards - be sure to make yours count. Now in its 29th year, the MAX Awards seek to recognise individuals, teams and organisations in the financial services industry excelling in ...

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
... mounting global and regional uncertainties to produce a perfect storm for investors," it said. "As companies struggled, general partners (GPs) retrenched, and Asia Pacific deal value plummeted 44% to US$198 billion. Exits and fund-raising also fell sharply ...

Finalists announced in 2023 MAX Awards

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
The finalists for the 29th annual Financial Standard MAX Awards have been named, with voting now open until May 5. The Financial Standard MAX Awards highlight individuals, teams and organisations in the financial services industry excelling in the fields ...