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| | | Financial Standard will welcome a new editor in the New Year, the first of several changes at the wealth management publication. Deputy editor Darren Snyder will step into the top role on 3 January, succeeding Mark Smith who departed in October. Coinciding ... |
| | | | A former co-president at Franklin Templeton will join TIAA Global Asset Management in January as chief operating officer. Vijay Advani, who will also be appointed president, was an instrumental figure at Franklin Templeton for 21 years. He oversaw long-term ... |
| | | | Perpetual's deputy head of equities Nathan Parkin will step down effective immediately, with his replacement already named. Vince Pezzullo will take on the role, while Parkin's portfolio management responsibilities will be shared between Pezzullo and ... |
| | | | Australia employment There's good news and bad news in the Australian Bureau of Statistics' (ABS) latest update on the country's labour market. The unemployment rate increased to 5.7% in November, the highest rate since August this year and was more ... |
| | | | ASIC is delivering specific licensing exemptions for eligible fintech businesses, in a move the regulator described as a world-first. Under ASIC's new class waivers, fintech businesses will be able to test certain services without having to hold an ... |
| | | | The Financial Services Council is welcoming a new director of policy. Replacing Andrew Bragg is Allan Hansell. He spent the last six years as senior manager, government and regulatory affairs with ANZ Wealth in Sydney. Prior to that he held a similar ... |
| | | | The Federal Court granted ANZ and Macquarie's wishes to pay fines totaling $15 million for attempted cartel conduct in 2011. As suggested to the court, ANZ will pay $9 million - admitting it engaged in 10 instances of attempted cartel conduct in contravention ... |
| | | | A Commonwealth Ombudsman is entering a newly created role at ANZ in the New Year. Joining as customer fairness advisor, Colin Neave will be charged with improving fairness of the bank's products and services for retail, small business and wealth customers ... |
| | | | Speaking at a Financial Services Council breakfast in Sydney, Prime Minister Malcolm Turnbull said he would use 2017 to address inconsistencies in super fund governance. He suggested that at present, super fund governance standards are not applied equally ... |
| | | | Fiducian boosted its funds under advice by $44 million after agreeing to acquire two Victorian practices. The total consideration for the practices, which are based in northeast Melbourne and Gippsland, is $720,000. Following the dual acquisition, Fiducian's ... |
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