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Showing 1341 - 1350 of 8321 results for "Retail"

Carnegie launches second crypto fund

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... as a whole," MH Carnegie & Co principal Mark Carnegie said. "In the past year, we've seen the crypto market dominated by retail investors who want to buy Bitcoin and [hold on for dear life] in the hope of enormous returns. With so many new investors ...

SocietyOne launches portal, hires

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... He joins from MyState where he was general manager of banking. Previously, MacRae was national general manager, Westpac retail home ownership distribution. "Joining the passionate and talented broker team at SocietyOne is a great next step in my career ...

Retail funds blitz personal-balanced options

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
Retail superannuation funds delivered the best performance in the personal-balanced category in Rainmaker's latest analysis of MySuper funds. Wholesale personal super product - FirstChoice Wholesale Multi-Index Growth - returned 23.7% per annum ...

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... today. The disclosure of lack of independence sees advisers providing a written statement of their lack of independence to a retail client. The ongoing fee arrangements, requiring advisers to obtain written consent before deducting fees, also kicked ...

Milford lowers fees

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
... from Macquarie. Regan van Berlo, who had been head of distribution, Australia since November 2018, was shuffled to head of retail distribution. The firm also appointed Brad Mackay to the position of regional manager for Queensland, joining from Centrepoint ...

ASIC consults on market integrity rules

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... Integrity Rules which covers accredited derivatives advisers, trades with price improvement, trade confirmations for non-retail clients and regulatory data reporting. In addition, it proposes amendments to the Futures Market Integrity Rules covering ...

ASIC cancels BBY licence

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... access to legal authority for transferring client HINs. The licence's March 2022 end date is also to ensure BBY compensates retail clients for their losses from BBY's representatives. The cancellation comes after three extensions in suspensions since ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... Melbourne's fourth lockdown provides a precedent. It's 14-day lockdown (starting on May 28) weakened both employment and retail spending in Victoria, before recovering as restrictions were gradually eased there. The RBA once again proved prescient ...

New chair of BT Super trustee board

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... Finance Corporation, Genworth and IMB Bank. She has history with Westpac and BT, having previously been general manager of retail banking for Westpac from 2012 to 2015 and general manager of customer service at BT from 2008 to 2010. "Gai is a respected ...

AMP board adds former banking chief

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... challenging and competitive environment with a clear focus on people and clients. "His detailed knowledge of Australia's retail banking and wealth environment, as well as his broad sector experience as a non-executive director, including innovative ...