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Showing 11921 - 11930 of 29099 results for "PRI"

Executive hires at SCOR Global Life

KARREN VERGARA  |  THURSDAY, 22 JUN 2017
Reinsurance company SCOR Global Life Australia hired two executives to help grow its local operations. New chief underwriter, Debra Pitcher, will be responsible for the company's life underwriting strategy in Australia and New Zealand, focusing on developing ...

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
Custodians and responsible entities of managed investment schemes with asset holding requirements are falling short of ASIC expectations, showing generally poor levels of understanding and compliance with Regulatory Guide 133. These findings form part ...

Macquarie team joins Shaw and Partners

ALEX BURKE  |  THURSDAY, 22 JUN 2017
Shaw and Partners is bringing over a team of seven from Macquarie Private Wealth to manage a new Canberra office. Stephen Johnson will lead the new Canberra team along with fellow Macquarie veterans Rod Sutherland, Tom Kenyon, Penny Ponder, Neil Robertson ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
The US Federal Reserve took another step towards policy normalisation at its June FOMC meeting - announcing another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would ...

Auscap equities fund gets Zenith, Lonsec tick

ALEX BURKE  |  WEDNESDAY, 21 JUN 2017
An Auscap Australian equities fund was given a "Recommended" rating by both Zenith and Lonsec. The Auscap Long Short Australian Equities Fund targets value-driven long and short positions in Australian equities. It has returned 24% per annum net of ...

BlackRock snares share of robo-adviser

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
The world's largest fund manager is now a minority shareholder in a German-British robo-adviser as a means of further addressing the needs of clients and end-customers. Now holding a significant minority holding in online asset management company Scalable ...

US investment giant hires Australian insto head

ALEX BURKE  |  WEDNESDAY, 21 JUN 2017
The asset management business of one of the largest life insurance providers in the world is furthering its Australian distribution footprint with the appointment of a head of institutional relationships. Cameron Sinclair joins PGIM, the Prudential ...

Cooling property market

BENJAMIN ONG  |  WEDNESDAY, 21 JUN 2017
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulations Authority (APRA) would be pleased with the National Statistician's latest update on residential property prices. The Australian Bureau of Statistics (ABS) released figures ...

FSU calls out NAB for lack of standards

JAMIE WILLIAMSON  |  TUESDAY, 20 JUN 2017
Any compliance breaches made by NAB Financial Planning around the incorrect witnessing of Beneficiary Nomination forms prior to 31 May 2017 should not be included in the new conduct background check protocol. That is the view of the Finance Sector Union ...

Wealth firm lists on ASX with $7.3m IPO

ALEX BURKE  |  TUESDAY, 20 JUN 2017
A wealth management and chartered accountancy firm is about to list on the ASX following an initial public offering of 7.3 million shares at $1 per share. Kelly+Partners (ASX: KPG) was established in 2006, currently operates 12 offices in Sydney and ...