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Showing 1221 - 1230 of 2489 results for "SPAC"

New advice firm taps young professional market

EMMA RAPAPORT  |  TUESDAY, 21 NOV 2017
Spend less and save more is a popular New Year's resolutions, but research shows less than 10% of people actually stick to it. Former Zurich risk strategist Jessica Brady and former Macquarie associate director and business development manager Glen ...

AMP introduces facial recognition for mobile clients

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Users of AMP's wealth management apps can now log-in via facial recognition. Facial recognition identification enhances the experience of using the Bett3r and My AMP apps, according to AMP's director of digital and design, Michael Weeding. "The apps ...

Greater tech support needed for goals-based advice strategies

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2017
Despite growing popularity of the goals-based advice model, financial advisers are struggling to integrate existing systems with the goals-based approach. An opportunity exists for financial planning software providers to develop a solution capable ...

Northern Trust grows APAC team with Sydney hire

DARREN SNYDER  |  WEDNESDAY, 8 NOV 2017
A former general manager for the ASX's clearing services is joining Northern Trust as its lead for market advocacy and innovation research across the Asia-Pacific region. Joining Northern Trust's Sydney office as a senior vice president is Danielle ...

Westpac sells $12bn asset manager

ALEX BURKE, DARREN SNYDER  |  MONDAY, 6 NOV 2017
Westpac has entered into an agreement with a UK firm to sell its infrastructure manager subsidiary. Subject to due diligence and regulatory approvals, Northill will acquire Hastings Funds Management. The terms of the agreement are currently confidential. ...

Spaceship appoints new portfolio manager

ALEX BURKE  |  FRIDAY, 3 NOV 2017
Technology-focused super fund Spaceship has appointed a new portfolio manager. Jason Sedawie joins Spaceship from Decisive Asset Management, where he was also a portfolio manager. Prior to that, he was an equities analyst at Platypus Asset Management ...

GROW Super slashes fees

ALEX BURKE  |  FRIDAY, 27 OCT 2017
Millennial-focused superannuation fund GROW Super has made significant cuts to its administration fees. Previously, the admin fee was 1.44%; this has been reduced to 0.54% plus $1.65 per week. Based on a $50,000 balance, this constitutes an overall ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
The financial advice industry shelled out $37 million in FY17 to 2200 clients that suffered financially from bad advice, according to ASIC. The regulator completed 227 "high-intensity surveillances" of financial advisers and banned a total of 35 "bad ...

Australia lax in fighting financial crime

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
Australia's passive response and disparate approach in combatting financial crime, particularly anti-money laundering, requires a more holistic approach, according to a panel of compliance and security experts. ANZ financial crime risk professional ...

Pinnacle boutique launches $250m LIC offer

ALEX BURKE  |  WEDNESDAY, 25 OCT 2017
A Pinnacle affiliate has launched the initial public offering for a new small cap listed investment vehicle. Spheria Asset Management is aiming to raise up to $250 million for Spheria Emerging Companies Limited (SEC), which will invest in a portfolio ...