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Showing 1281 - 1290 of 3935 results for "USI"

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
A financial adviser in the US will spend the next 22 years in prison after he defrauded his own family out of millions. Treyton Lee Thomas has been sentenced to 262 months in prison for wire fraud and 60 months for tax evasion to run concurrently, as ...

Suncorp pays $1.4m remediation bill

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
Suncorp Life and Superannuation has remediated more than 4000 Guardian Advice clients for poor financial advice. ASIC today confirmed Suncorp has completed the remediation program for more than 4000 GuardianFP clients, paying out a total of $1.431 million. ...

Chief economist update: US yield curve pictorial

BENJAMIN ONG  |  WEDNESDAY, 28 AUG 2019
Worries over a US recession have waxed and waned over the past few months. Gentle readers would know that I subscribe to the yield curve that studies by the Federal Reserve Bank of Cleveland and New York prove to be the best predictor of a looming US ...

ATO to crack down on SG non-payment

KRISTI CHENG  |  TUESDAY, 27 AUG 2019
The Australian Taxation Office will start using Single Touch Payroll (STP) system data to identify and warn employers on non-payment of super guarantee, according to ATO deputy commissioner James O'Halloran. Speaking at the 2019 ASFA National Policy ...

Finance cheats more likely to cheat: Study

ELIZABETH MCARTHUR  |  FRIDAY, 23 AUG 2019
A University of Texas study has found finance professionals who engage in misconduct at work are more likely to be unfaithful in marriage. The study looked at financial advisers, chief financial officers and chief executives amongst others using the ...

CFA exam results out, record participation

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
More than half of the candidates for the Level III CFA Program exam in June passed, CFA Institute announced. The 21,000-plus (56%) candidates - out of 38,377 - for the exam are now eligible to become CFA charter holders, pending verification of professional ...

Sean Fenton back with Sage Capital

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The well-known fund manager is back with two Aussie equities strategies totaling $3 billion in capacity at his new boutique, after resigning from the Tribeca Alpha Plus fund earlier in the year. Sage Capital, led by former Tribeca portfolio manager ...

Cashwerkz hires distribution lead from Perpetual

ELIZABETH MCARTHUR  |  TUESDAY, 20 AUG 2019
Cashwerkz appointed a senior adviser from Perpetual Private to the role of head of advised distribution. Paul Burbidge steps into the Cashwerkz position after five years at Perpetual. A spokesperson from Cashwerkz said: "In this role Paul will lead ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
The United States will be in recession a year or so from now. There I called it! But at the same time, I'm hoping that I'm wrong. US recession fears - resulting from the negative spread between the yield on 10-year and two-year US Treasuries ...

Industry fund names new CIO

KARREN VERGARA  |  FRIDAY, 16 AUG 2019
A $13 billion superannuation fund has welcomed a new chief investment officer who recently finished up with another industry fund. LGIAsuper named Troy Rieck, most recently the chief investment officer of Equipsuper, to replace David Todd. Todd served ...