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Showing 1341 - 1350 of 3232 results for "April 2016"

IFM Investors to open new Europe office

KANIKA SOOD  |  TUESDAY, 26 MAR 2019
The $120 billion fund manager is gearing up to open a new European office in the next six months, no matter which way the Brexit deal goes. IFM Investors already has offices in the UK, Berlin and Switzerland. Chief executive Brett Himbury told Financial ...

Managed accounts provider hires executive

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
A former general manager of MLC's platform business is joining an ASX-listed managed accounts provider. Bruce Hawkins joins Managed Accounts Holdings (managedaccounts.com.au or MGP) as chief financial officer. Melbourne-based Hawkins was most recently ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Macquarie Bank revealed in a note to brokers it has made significant changes to its product offerings. The bank confirmed it is no longer offering SMSF residential home loans, with the change effective from April 30. Macquarie will continue to service ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...

Westpac exits personal advice, restructures leadership

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2019
Westpac is realigning its wealth strategy and BT Financial Group will cease as a standalone division. The group has also agreed to sell a number of advisers to Viridian Advisory. BT Financial Group will cease to be a standalone division of Westpac Group. ...

Codes of conduct to be made enforceable

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The Federal Government has responded to the recommendation from the Royal Commission that financial service industry codes of conduct should be enforceable by ASIC. The Treasury released a consultation paper addressing this point from Hayne's report ...

Former adviser cops 10-year prison sentence

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2019
A former financial adviser has been jailed for 10 years for using more than $6 million in client funds for his own purposes. Gabriel Nakhl was found guilty of engaging in dishonest conduct and sentenced to 10 years' imprisonment by the District ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
APRA's first capability review should consider benchmarking it against comparable prudential regulators around the globe, says its terms of reference which are now open for response. Last month, the Government agreed to undertake regular capability ...

Nikko AM chief executive steps down

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
The president and chief executive of Nikko Asset Management, Takumi Shibata, is stepping down. His resignation comes after he was named in a US lawsuit alleging he deliberately made lucrative stock options that were part of an incentive scheme for employees ...

Blue Sky appoints new chief executive

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
Blue Sky Alternative Investments has tapped the leader of a property investment manager for its next chief executive. Former Aspen Group boss Joel Cann has been appointed chief executive at Blue Sky, as the investment manager looks to rebuild following ...