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Showing 1771 - 1780 of 4757 results for "July 2011"

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
The Government will allow mortgage brokers to continue to collect trailing commissions on new loans with a review slated for three years down the line, Treasurer Josh Frydenberg said yesterday. The competition regulator and the Council of Financial ...

Super fund chief executive to retire

KANIKA SOOD  |  MONDAY, 11 MAR 2019
The chief executive of one of Australia's largest corporate superannuation funds is retiring and the fund is hunting for a replacement. Doug Carmichael is slated to retire in June end after nine years of leading Commonwealth Bank Group Super. The ...

WTW Australia asset consulting lead joins super fund

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2019
The former head of asset consulting at Willis Towers Watson Australia is now on the executive team of a $27 billion government superannuation fund. Paul Taylor has been appointed general manager of investments at GESB Superannuation, adding more than ...

Perpetual announces Fulbright scholar

KANIKA SOOD  |  MONDAY, 4 MAR 2019
Perpetual has announced the winner of 2019 Fulbright professional scholarship in non-profit leadership, funded through its $51 million public ancillary fund. Adam Davids is the director of learning at a non-profit that creates internship opportunities ...

APRA sets sights on 2019 targets

HARRISON WORLEY  |  FRIDAY, 1 MAR 2019
APRA has outlined its policy focus for the remainder of the year following the Royal Commission. Releasing its annual policy priorities document this week, the prudential regulator said it would build on the work it began last year, while taking into ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
The A$/US$ exchange rate is, according to my Bloomberg screen, currently trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just ...

UniSuper makes two senior hires

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
A $70 billion superannuation fund made two senior appointments to bolster its global investment strategies and ESG capabilities. Penny Heard joins UniSuper as portfolio manager within the global strategies and quantitative team, while Lou Capparelli ...

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Australia's fintech industry is catching the interest of international investors and raked in US$600 million of funding last year, according to KPMG analysis. KPMG's 2018 Pulse of Fintech report showed Australian-based Avoka and its sale to ...

Grandfathered commissions ban splits industry: Poll

KARREN VERGARA  |  MONDAY, 25 FEB 2019
The proposed removal of grandfathered commissions will have opposing effects on revenue, latest poll results show. More than half (53%) surveyed by Financial Standard last week said the removal of grandfathering arrangements will have minimal to no ...

Former Arnhem partners join boutiques

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
Two former partners of Arnhem Investment Management have joined boutiques following news of its closure. Theo Maas finished up at Arnhem last September after serving as a partner and portfolio manager for the Arnhem Global Growth SMA capability for ...