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Insto investors looking for company transparency: Research

ALEX BURKE  |  FRIDAY, 2 FEB 2018
Institutional investors are looking for detailed disclosure from portfolio companies about their strategy and goals, board composition and ESG commitments, according to research from global consultancy Morrow Sodali. The research was based on a survey ...

Future Fund manager joins Fidante

ALEX BURKE  |  TUESDAY, 30 JAN 2018
The Future Fund's former debt and alternatives manager has taken on a new role with Fidante Partners. John O'Keeffe joins Fidante as head of boutique strategy and business management. In a statement, Fidante said O'Keeffe will help determine the "strategic ...

HUB24 responds to adviser demand

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
... and sell investments in foreign currency and hold foreign currencies; enable a multi-account opening facility online; and link clients' third-party accounts to their HUB24 account. HUB24 managing director Andrew Alcock said all the developments are in ...

TAL forms medical advisory board

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
Life insurer TAL has formed a specialist board to strengthen its in-house health and medical capabilities. The Specialist Advisory Board comprises medical experts who advise on cardiology, respiratory conditions, neurology, oncology, endocrinology ...

Industry association targets super gaps

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
The Federal Government must use its 2018-19 Budget to guarantee the further inclusion of hundreds of thousands of Australians in the superannuation system. This is the key vision of the Australians Institute of Superannuation Trustees, who used their ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
... accounts, according to ASIC. Customer complaints prompted NAB to conduct an internal review, which found the bank failed to link offset accounts to broker originated loans between April 2010 and August 2017, resulting in customers overpaying interest ...

Career progression positive for women advisers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
... millennials particularly are looking for career opportunities that align with their values, and there is an opportunity to link the strong social purpose that advice offers with the value-driven career millennials seek. The majority (82%) of women said ...

APRA unveils proposed RSE reform package

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
APRA has announced a raft of proposed changes that will ensure registrable superannuation entities are ultimately delivering the best outcomes for members. The regulator said it is ramping up its scrutiny of the performance and efficiency of RSE's business ...

Boutique wealth manager hires banking executive

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2017
A Bank of Melbourne executive has joined a boutique wealth manager to oversee its Victorian business. Koda Capital will welcome Jonathan Ayers as managing partner of Victoria, commencing in the role in 2018. Ayers joined Bank of Melbourne in 2011, leading ...

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
... this month, coinciding with reports from some firms that wage costs are impacting confidence". Yes, wages -- that missing link between consumer spending and inflation - is stirring. The survey reports that "labour costs" increased at a quarterly rate ...