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Showing 1291 - 1300 of 2945 results for "L1 Group"

Disability income insurance an ongoing concern: APRA

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
Disability income insurance (DII) continues to be a loss-making venture for life insurers as the prudential regulator undertakes a comprehensive review of its sustainability, pricing and the actual benefits delivered to policyholders. Otherwise known ...

IMAP to recognise managed accounts excellence

JAMIE WILLIAMSON  |  TUESDAY, 10 JUL 2018
The Institute of Managed Account Professionals has named the finalists for its 2018 Managed Account Awards. The awards recognise operators in the managed accounts space covering both single-sector asset classes and multi-asset class offerings, comprising ...

Wealth manager appoints private wealth lead

JAMIE WILLIAMSON  |  MONDAY, 9 JUL 2018
A diversified financial services and legal firm appointed a former HSBC head of wealth management to lead its private wealth business. Sydney-based Aura Group is welcoming Andrew Coloretti to the role of executive director, private wealth. Bringing ...

Specialist investment manager appoints former AMP senior leader

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
A former head of group insurance at AMP has joined an ASX-listed investment manager. Anna Kovarik has been appointed Centuria Capital's new general counsel, joining from Mirvac where she held the role of group risk manager. Kovarik served as AMP's ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
Macquarie will axe the payment of grandfathered commissions to financial advisers working within its wealth management division. Following BT Financial Group's lead, Macquarie has said it will discontinue the practice of advisers within its private ...

ASIC takes financial planner to court

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
ASIC is taking a Queensland-based financial planner to the Supreme Court, after his licensee reported him to the corporate regulator. Brett Andrew Gordon operated a financial planning business, Refocus Financial Group on the Sunshine Coast. He held ...

Prime Financial boosts wealth focus

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
Prime Financial Group is ramping up its wealth management focus and stepping away from minority interests in accounting firms. The ASX-listed firm said this is part of a strategy to increase its exposure in wealth management by concentrating on its ...

Pendal Group appoints director

KANIKA SOOD  |  MONDAY, 2 JUL 2018
The $99 billion investment manager has appointed an independent non-executive director to its board. Sally Collier is joining the board as well as its remuneration and nominations committee, and its audit and risk management committees. She replaces ...

CBA restructures executive leadership

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
Commonwealth Bank made a raft of changes to its executive lineup following the announcement of plans to demerge its wealth management business. Current chief risk officer David Cohen has been promoted to deputy chief executive, charged with leading ...

Sequoia sells direct equities business

ALEX BURKE  |  FRIDAY, 22 JUN 2018
Sequoia Financial Group noted the sale of its direct equities business in a market update. Sequoia said it was selling Sequoia Direct as part of a "simplication of its overall operation by reducing the number of AFSLs operated within the Sequoia group." ...