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Showing 1391 - 1400 of 2284 results for Alex Burke

Banned SMSF adviser charged for misappropriating $1.8m

ALEX BURKE  |  FRIDAY, 20 MAY 2016
An SMSF property adviser has been charged with 31 counts of deception following an ASIC investigation. George Nowak was the director of EJ Property Developments, formerly Charterhill. According to ASIC's findings, he misappropriated $1.8 million in ...

CYBG appoints two directors

ALEX BURKE  |  FRIDAY, 20 MAY 2016
... said. At the same time as Adamson and Coby's appointments, two current CYBG non-executive directors, Barbara Ridpath and Alex Shapland, have announced they will retire today. Pettigrew thanked Ridpath and Shapland for their contributions, praising their ...

Telstra Super appoints head of $2.5bn infrastructure, property portfolio

ALEX BURKE  |  THURSDAY, 19 MAY 2016
Telstra Super has appointed a new head of property and infrastructure. Miriam Patterson has been head of the division in an acting capacity since December. Prior to that, she was an investment manager on the Telstra Super investment team, and has also ...

CFS launches Millennial-targeted super option

ALEX BURKE  |  THURSDAY, 19 MAY 2016
Colonial First State has introduced a new superannuation investment option targeted at members born from 2000 to 2004. The FirstChoice Lifestage 2000-2004 option has a 90% allocation towards growth assets, which can be tailored as a member advances ...

AMP Capital acquires largest underground parking system in the US

ALEX BURKE  |  THURSDAY, 19 MAY 2016
AMP Capital has announced it has acquired the largest underground parking system in the US in partnership with Northleaf Capital Partners. The Chicago Downtown Public Parking System (Millennium Garages) has 9,176 parking spaces in four underground garages ...

MLC appoints new private equity head

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
MLC has appointed a new head of private equity. Alicia Gregory has worked in MLC's private equity division for 11 years and was most recently MLC head of Europe, private equity. Prior to MLC, she held a research position at ThreeSixty Investment Strategy ...

Life insurance balancing APRA priorities with increased profit

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
Despite the need to increase capital adequacy ratios, the life insurance industry has reported a steady increase in net profit, according to APRA's latest quarterly statistics for the sector. The main driver of profit, which increased overall by 16.9% ...

FSC releases policy priorities for next parliament

ALEX BURKE  |  WEDNESDAY, 18 MAY 2016
The Financial Services Council has outlined its key policy priorities for the next parliament. Primarily, the FSC's statement concerns itself with outstanding issues highlighted in the Financial System Inquiry. Specifically, it emphasises the need for ...

ASIC orders HSBC remediation plan for "deficient" advice

ALEX BURKE  |  TUESDAY, 17 MAY 2016
ASIC has accepted an enforceable undertaking (EU) from HSBC Bank Australia concerning "potentially deficient advice" provided on retail structured products. The advice in question was provided between January 2009 and March 2013, affected 464 out of ...

Wilson Group acquires $19bn fund manager and restructures board

ALEX BURKE  |  TUESDAY, 17 MAY 2016
Wilson Group has announced it will acquire the remaining 25% of a major investment manager with over $19 billion in funds under management. The remaining 25% stake in Pinnacle Investment Management is owned by Pinnacle chair and managing director Ian ...