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Showing 11941 - 11950 of 29100 results for "PRI"

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
The ASIC Supervisory Cost Recovery Levy Bill 2017, which will enable the regulator to recoup costs from the industries it supervises, has been passed into law. Minister for Revenue and Financial Services Kelly O'Dwyer said the passing of the bill reflects ...

UBS cops $280,000 ASIC fine

ALEX BURKE  |  FRIDAY, 16 JUN 2017
UBS Securities paid $280,000 in penalties following two infringement notices issued by ASIC's Markets Disciplinary Panel. The first infringement notice pertained to UBS' PIN crossing system, in which orders are executed based on algorithms reflecting ...

Fintechs must collaborate, not disrupt: Report

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
Fintechs are failing to prove themselves and disrupt the financial services industry, and should instead seek to collaborate with the larger players, a new study shows. The joint report from consulting and technology company Capgemini and the University ...

Mercy Super appoints new chief executive

ALEX BURKE  |  FRIDAY, 16 JUN 2017
Corporate fund Mercy Super has appointed a new chief executive. Wendy Tancred joined Mercy Super in April from Davidson Consulting, where she was also chief executive. Before that, she was Queensland state head of financial planning at BT Financial ...

Old technology costing advice industry

EMMA RAPAPORT  |  THURSDAY, 15 JUN 2017
The majority financial advice firms are still choosing to rely on Microsoft Excel as their primary source of administrative software despite a range of financial software products coming to market, YTML said. According to the financial technology provider's ...

New lead for BNY Mellon APAC custody business

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2017
BNY Mellon will welcome a new Asia Pacific head of asset servicing from Northern Trust. Rohan Singh has been appointed to the role, leaving Northern Trust where he was most recently country head, Singapore and head of South East Asia. To be based in ...

Queensland DB super liabilities tipped to fall 18pct

ALEX DUNNIN  |  THURSDAY, 15 JUN 2017
Queensland's public sector superannuation liability is expected to fall $7 billion over the next five years, and this is despite the state's defined benefit scheme surplus being partially repatriated. The figures were published in the Queensland Government ...

Saxo Capital Markets expands solutions

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Trading and investing platform Saxo Capital Markets partnered with digital stockbroker OpenMarkets to allow easier investor trades in global securities. The firms' clients can now access the major US, UK, European and Asian markets by trading via a ...

Not too late to maximise super

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2017
With legislative changes only a few weeks away, advisers should be on top of boosting clients' super balances, according to a superannuation expert. Perpetual Private head of strategic advice Colin Lewis told Financial Standard one of the most critical ...

Queensland continues venture capital commitment

DARREN SNYDER  |  WEDNESDAY, 14 JUN 2017
The Queensland Government is spending a further $11 million on venture capital investment via its Business Development Fund, as announced in the state's 2017-18 Budget. Working with Queensland Investment Corporation (QIC), the Queensland government ...