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Showing 12551 - 12560 of 29106 results for "PRI"

Financial Standard appoints editor, unveils new website

STAFF WRITER  |  FRIDAY, 16 DEC 2016
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 ...

TIAA appoints Franklin Templeton co-president

ALEX BURKE  |  FRIDAY, 16 DEC 2016
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 Parkin resigns, successor named

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
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 ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 DEC 2016
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 approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
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 ...

FSC names new director

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
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 ...

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
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 ...

Ombudsman takes on ANZ fairness role

JAMIE WILLIAMSON  |  THURSDAY, 15 DEC 2016
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 ...

Turnbull putting industry fund governance back on the table

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
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 boosts FUA by $44m

ALEX BURKE  |  WEDNESDAY, 14 DEC 2016
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 ...