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Showing 1241 - 1250 of 2953 results for "August 4"

FASEA bumps adviser CPD to 50 hours

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Financial advisers will need to complete 50 hours of continuing professional development under new proposals from the Financial Adviser Standards and Ethics Authority. Releasing its draft guidance on CPD, FASEA is proposing the number of hours advisers ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Pinnacle Investment Management is acquiring a 40% equity stake in a Melbourne boutique founded by former Vanguard executives and is powering towards another acquisition. The multi-boutique manager is paying $4 million for a 40% equity stake in Omega ...

FASEA releases professional year guidance

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
The Financial Adviser Standards and Ethics Authority released its guidance on the professional year that all new advisers will be required to complete from 1 January 2019. FASEA proposes the professional year be designed to ensure the practical learning ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
Among its latest witness list, the financial services Royal Commission managed to capture about 50% of both the retail and industry superannuation fund segments in terms of funds under management. Rainmaker analysis shows superannuation funds called ...

SuperStream changes consultation opens

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
Consultation is now open for the Federal Government's draft regulations extending SuperStream to self-managed superannuation fund rollovers. Announced earlier this year, the Government's changes will allow SMSF members to initiate and receive rollovers ...

Alternative trading platform appoints insto sales head

HARRISON WORLEY  |  WEDNESDAY, 18 JUL 2018
An alternative exchange appointed Liquidnet's former head of Australia to run its institutional sales division. Murrough O'Brien links with Chi-X Australia as director of institutional sales, leaving a hole to fill at the institutional trading network. ...

MLC announces new chief executive

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
National Australia Bank announced the new chief executive of MLC, who will take the reins on 1 September 2018. Geoff Lloyd will lead MLC after six years as chief executive and managing director of Perpetual. He will report directly to NAB chief executive ...

Commercial property manager hires sales executive

KARREN VERGARA  |  THURSDAY, 12 JUL 2018
Australian commercial real estate debt and investment manager MaxCap Group has appointed a distribution director based in Singapore. Chris van Beek joins from UBS Asset Management where he was executive director of real estate and private markets for ...

Contango hires K2 distribution heads

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
Contango Asset Management has hired K2 Asset Management's heads of wholesale and retail distribution as part of its new team following a restructure in April. Damian Craven is taking on the role of Contango Asset Management's (ASX:CGA) head of retail ...

Government cuts SMSF red tape

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
The move by the Turnbull Government to release a discussion paper to change the annual audit cycle for some self-managed superannuation funds to three years has been welcomed by the SMSF Association. Minister for Revenue and Financial Services Kelly ...