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Showing 1291 - 1300 of 3550 results for "October 2002"

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 ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
Since the end of the Royal Commission, ASIC has been collecting information from platforms on the fees they charge and the financial advisers using them. In a letter obtained by Financial Standard, ASIC requested the names of every retail client who ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
A Sydney small caps boutique has signed an exclusive retail distribution agreement with Zurich Investments and has also won the mandate to manage Zurich's $60 million small companies fund. Zurich Investments will now be the sole distributor of the ...

Financial Wisdom to shut down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 AUG 2019
Commonwealth Bank has confirmed it will close Financial Wisdom. It will also allow Pathways advisers to commence transitioning elsewhere. Releasing its full year results today, the bank has confirmed it will commence the assisted closure of Financial ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
ANZ has taken individual bonuses off the table in favour of an incentive based on group performance. From October 1 most ANZ staff will be rewarded with a group performance dividend based on the bank's performance across four perspectives: risk, financial ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
A former financial adviser in the US will spend the next 20 years behind bars after defrauding retiree investors of $30 million, some of which was used to fund religious ceremonies to ward off federal investigators. Dawn Bennett of Maryland was this ...

Australian equity markets remain clean: ASIC

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
Australia is among the most efficient or "cleanest" equity markets compared with the rest of the world, according to a recent ASIC review. The review by ASIC found Australian equity markets continue to operate with "a high degree of integrity". Measuring ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
A member of Stanford Brown's business development team has landed a national sales role at a firm that specialises in wealth management software for advisers. WealthO2 has appointed Phil Anderson as national business development manager, in a new ...

Boutique fund manager names chief executive

JAMIE WILLIAMSON  |  MONDAY, 29 JUL 2019
A $14 billion boutique investment manager will welcome a new chief executive and managing director. Maple-Brown Abbott has appointed Sophia Rahmani to lead the business, effective October 14. She joins from Janus Henderson where she was most recently ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
IOOF has redefined the role of its chief risk officer and appointed a compliance and governance expert to the position. The group also announced the sale of one of its advice practices. Amanda Noble, who has been IOOF's acting chief risk officer ...