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Showing 131 - 140 of 583 results for %22Financial Institutions Group%22

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... reflects on the year that was and how the playbook - and rules - changed for advisers. It's been 12 months since the financial services sector was hit with Commissioner Kenneth Hayne's final report. And while the big banks appeared to be early casualties ...

Wealth manager makes senior appointment

ALLY SELBY  |  MONDAY, 3 FEB 2020
Embattled wealth manager Evans Dixon has appointed a new chief financial officer and company secretary. Paul Ryan has been promoted to the role, formerly serving as Evan & Partners private capital managing director. In a release, the firm said Ryan ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... economic outlook for 2020, aptly named "Fragile, Handle with Care". Trade tensions, slowing growth in major economies, financial stress in emerging markets, escalating geopolitical tensions and extreme weather events all threaten to tip the world's economic ...

$3.3 billion fall in retail managed funds

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... a little boost of 6.2%, Commonwealth Bank and Colonial First State saw a 5.1% increase, Macquarie rose by 4% and BT Financial Group increased 3.4%. Year on year Inflows were little changed increasing only slightly by 1.6% to $183.3 billion. In terms ...

Market Forces takes aim at big banks

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... shareholder resolution in July, Market Forces has ramped up its efforts to influence Australia's largest financial institutions. Ahead of National Australia Bank's annual general meeting, the group released a statement saying NAB will face a shareholder ...

What you read in 2019: Financial advice

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing. We are bidding farewell to the year that is likely to be remembered as one financial advisers would rather forget. ...

AMP welcomes former PwC partner

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... services industry for over 35 years. Chowdry is currently partner and national leader of Minter Ellison Consulting's financial services, risk and regulatory practice in Australia. Prior to that he was a partner at PwC's financial services practice for ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... renewal notice obligations, focused on whether the fee disclosure documents, provided by 30 randomly selected Australian financial services licensees, provided to clients complies with the law. The regulator required the licensees to produce samples ...

New advice groups detrimental to consumers

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... NAB director Peeyush Gupta said it should not be celebrated that well-capitalised institutions were moving away from financial advice. With more and more fringe organisations taking on planners, Gupta said consumers were at risk. "I think where permanent ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... association has picked up members at a rapid pace as it takes up the fight to retain life insurance commissions. The United Financial Advisers Association (UFAA) now has over 4000 members after launching just a few months ago. Alex Vagliviello, principal ...