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Showing 1311 - 1320 of 3032 results for "EIG"

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
ASIC has banned two former Macquarie advisers from providing financial services. Anthony Jason Sourris and Sarah Kate Gardner have been banned for two and a half years and one year respectively after ASIC found they were both involved in, and lied to ...

Industry fund appoints new CEO

DARREN SNYDER  |  MONDAY, 8 AUG 2016
The South Australian based Electricity Industry Superannuation Scheme recently appointed a new chief executive following the departure of Jon Holbrook in July. Joining EISS as its new leader is Nic Szuster, a former chief executive at Local Super before ...

Prime Financial increases stake in MPR

DARREN SNYDER  |  MONDAY, 8 AUG 2016
ASX-listed Prime Financial Group is purchasing its largest stake in any one company, entering arrangements to increase holdings in Melbourne accounting and advisory firm MPR Group. Prime is increasing its stake in MPR from 40% to 93% through the issue ...

ABA denies precedent for matching RBA cash rates

ALEX BURKE  |  FRIDAY, 5 AUG 2016
The Australian Bankers' Association has rejected calls from Parliament to justify its interest rate pricing based on the Reserve Bank's cash rate. Following the RBA cutting the cash rate to 1.75%, Prime Minister Malcolm Turnbull told media that "the ...

Netwealth adds eighth private label managed account

MARK SMITH  |  MONDAY, 1 AUG 2016
Platform provider Netwealth has launched a new private label managed account service with privately owned wealth management firm Principal Partners. The new private label will only be available to clients of Principle Partners and will provide access ...

Greater financial literacy key to improved adviser reputation

KERRIE SYDEE  |  MONDAY, 1 AUG 2016
A higher level of financial literacy among consumers is key to improving the reputation of financial advisers, according to new research from Zurich Financial Services Australia. A survey of 227 advisers active in the life advice industry conducted ...

PROFILE: Standard Life Investments head of Australasian business Simone Bouch

MARK SMITH  |  MONDAY, 1 AUG 2016
As the country head of global fund manager, Standard Life Investments' Simone Bouch knows a thing or two about the importance of investment performance. But if she'd followed through on her childhood ambition the focus would be performance of a somewhat ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 26 JUL 2016
Brexit concerns push hedge funds to A$4tr Global hedge fund capital increased to A$4 trillion in the second quarter of this year, according to Hedge Funds Research. The surge, sparked by Brexit concerns, was the third highest hedge fund FUM tally on ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...

Suncorp appoints new investment head

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
Suncorp is welcoming its new head of investments this week, appointing a former BT Financial Group chief investment officer and head of Advance Asset Management. Leaving BTFG in June after about eight years, Patrick Farrell joined Suncorp on 18 July. ...