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Showing 1771 - 1780 of 3466 results for "Stake"

FASEA yet to determine bridging courses

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
The Financial Adviser Standards and Ethics Authority provided an update on its consultation process and confirmed there is currently no approved AQF 8 bridging courses for existing advisers looking to commence study. In March, FASEA released guidance ...

LGIAsuper adds investment veteran to board

KANIKA SOOD  |  TUESDAY, 26 JUN 2018
... appointing former McKinsey & Company implementation leader Kate Farrar. Earlier this year, the Queensland-based fund amped up its stake in an infrastructure investment.

FASEA names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
The Financial Adviser Standards and Ethics Authority appointed a new chief executive from APRA. Formerly general manager of APRA's specialised institutions division, Stephen Glenfield will take on the role from 1 August 2018. He replaces inaugural ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
Influential superannuation industry stakeholders had the opportunity to respond to the Productivity Commission's draft report at a public hearing held in Sydney this morning. Challenger retirement income chair Jeremy Cooper said he welcomed Draft ...

BT Financial Advice cuts grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
BT Financial Advice is scrapping grandfathered commissions, effective October 2018. Commissions for products sold by financial advisers across the Westpac, St.George, Bank of Melbourne and BankSA network will no longer be paid on BT products or those ...

AFCA appoints chief executive

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
The one-stop shop for financial services complaint has chosen David Locke as its chief ombudsman and chief executive. Locke is currently the Australian Charities and Not-for-Profits Commission (ACNC)'s assistant commissioner, charity services. ACNC ...

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018. In August 2017, the Government called for initial consultation on the CCIV ...

China A-shares to shake up EM funds

KARREN VERGARA AND DARREN SNYDER  |  WEDNESDAY, 13 JUN 2018
... highly valued internet names, Alibaba, Tencent etc." "If you just look at Naspers, more than 100% of its value comes from its stake in Tencent, and they account for a third of the return of the index for the last five years." If you haven't owned those ...

Tribeca to become wholly owned by management

ALEX BURKE  |  TUESDAY, 12 JUN 2018
Tribeca Investment Partners is acquiring the equity stake of its longstanding distribution partner, after which it will be 100% owned by its management executives for the first time in 10 years. This will occur once the buy-back process with Grant Samuel ...

Prospa postpones IPO after consultation with Macquarie, UBS

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
Prospa has postponed its initial public offering on the ASX after consultation with joint IPO lead managers UBS and Macquarie. Initially pausing just prior to its listing, the small business lender has confirmed the further postponement of its IPO. ...