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Showing 1441 - 1450 of 4374 results for "Press"

ASIC terminates managed accounts provider AFSL

KARREN VERGARA  |  FRIDAY, 1 FEB 2019
... existing client arrangements. The firm and Clinnick have the right to appeal ASIC's decision. ASIC commissioner Danielle Press warned all consumers considering MDAs to evaluate the risks and benefits of an MDA. "Consumers should ensure they have ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
Three became two, two became one (maybe) or none (more likely). That's the genealogy of the number of interest rate hikes expected of the US Federal Reserve this year - a quick downshift from two 25 basis point increases in the fed funds rate the ...

Aussie equities trading volume jumps at Liquidnet

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
Global and Aussie asset managers traded about $12 billion in Australian equities on Liquidnet's network in 2018, swelling 20% over the previous year. The increased volumes were a result of Australian members of the network using more algo trading ...

Wells Fargo AM chief moves to BMO

OSKAH DUNNIN  |  THURSDAY, 24 JAN 2019
BMO Global Asset Management has appointed a new chief executive following the retirement of its current leader. Joining BMO Global Asset Management in March is Kristi Mitchem. She will replace Richard Wilson on March 18. Mitchem is the current chief ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... to play in helping consumers make confident and informed decisions about financial products," ASIC commissioner Danielle Press said. "They have an obligation to act in the best interests of their clients when providing advice and must adhere to ethical ...

Royal Commissions puts pressure on finance sector job market: Sunsuper

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
Latest research from Sunsuper shows that despite the permanent job market actually rising over the last 12 months, the finance sector still took a significant hit in job demand. With the Royal Commission placing unprecedented scrutiny on the industry ...

Global multi-boutique eyes Australia

KANIKA SOOD  |  MONDAY, 21 JAN 2019
A $45 billion multi-boutique founded by a former Natixis deputy chief executive is heading down under to win super fund mandates and to potentially buy Australian boutiques. iM Global Partner takes minority, non-controlling stakes in small asset managers ...

Advice jobs are coming: Recruiter

KANIKA SOOD  |  MONDAY, 21 JAN 2019
Advisers and paraplanners face a year of booming job prospects, as the industry switches into hiring mode after a tough year of regulation, a large recruiting agency reports. According to the latest Hays Jobs Report, advice businesses sat on recruiting ...

Millions of Australian's suffering from financial stress: AMP

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
Financial stress is burdening close to 2.5 million Australians, according to AMP. Releasing its Financial Wellness report this week, AMP said it found two in every five Australian workers faced financial stress during their careers, costing businesses ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines ( dis-United Kingdom prime minister Theresa May survived the vote of no confidence immediately called after the crushing defeat of her proposed Brexit deal in the House of Commons); so is the US government ...