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Showing 1221 - 1230 of 1509 results for Andrew McKean

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
APRA's thematic review on outsourcing arrangements in the superannuation industry found that trustees' efforts since the Royal Commission have resulted in stronger board oversight and monitoring of outsourcing arrangements and service providers. The ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Australian Law Reform Commission's (ALRC) second interim report to reduce complexity in financial services legislation proposes an alternative model that's more coherent and principled, and "embraces minimalism." The ALRC's proposed legislative ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

Equipsuper restructures investment team

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
... senior portfolio manager of real assets; he joins from Insignia Financial. On the new hires, Equip chief investment officer Andrew Howard said: "We are thrilled to be able to attract the calibre of these seasoned investment professionals to the Equip ...

Hejaz launches financial advice service

ANDREW MCKEAN  |  TUESDAY, 4 OCT 2022
Hejaz Financial Services has launched a faith and ethical dealer group to serve Muslim clients and those seeking ultra-ethical products. Hejaz Financial Advisers intends to support financial advisers with an existing Muslim client base and in highly ...

BNY Mellon appoints Australian executive

ANDREW MCKEAN  |  FRIDAY, 30 SEP 2022
BNY Mellon has appointed Geoff Hodge as Australian country executive, focused on adding value in the super and investment management sectors. Upon regulatory notification, his appointment is effective immediately after which both the Australian branch ...

Quinbrook sells unicorn startup to Brookfield

ANDREW MCKEAN  |  FRIDAY, 30 SEP 2022
Quinbrook has sold Scout Clean Energy to Brookfield Renewable for US$1 billion ($1.5 billion). Brookfield also has the potential to invest an additional $350 million to support the business' development activities. Scout will continue to operate as ...

Lumiant partners with Envestnet | Yodlee

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Lumiant will be the first company to leverage Envestnet | Yodlee's Consumer Data Right (CDR) accreditation under the CDR representative model to power its Your Wealth module. The partnership enables Lumiant to access real-time data from financial ...

Members want super funds to adopt crypto: Survey

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Nearly a quarter of Australia's general populous say they'd like their super fund to include crypto, according to the second annual Swyftx Cryptocurrency survey. Among current crypto owners, this figure swells to 66%. Comparatively, last year's ...

Dexus Funds Management chair resigns

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Dexus Funds Management chair and director Richard Sheppard will retire from the board effective October 27, following the Dexus annual general meeting. Upon Sheppard's retirement, Warwick Negus will become chair of the board. Sheppard said: "Since my ...