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Showing 1931 - 1940 of 4838 results for "EAC"

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
Financial advisers in the UK are facing similar challenges to their Australian counterparts, with the Financial Conduct Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
Forces within Australia's philanthropy sector are shifting the distribution of more than $1 billion in annual grants and funding to non-traditional sectors. Speaking at the Philanthropy Australia National Conference yesterday, JBWere Philanthropic Services ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
Two former superannuation industry executives have been nominated as members of ASIC to serve a period of five years each. Among his first duties as Federal Treasurer, Josh Frydenberg announced Danielle Press and Sean Hughes will join the corporate ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
If there's one thing Australia's "weekus horribilis" proved, it's that financial markets hate uncertainty. The week of 20-24 August began with a challenge to sitting Australian Prime Minister Malcolm Turnbull's leadership of the Liberal Party and ended ...

Aberdeen Standard launches AI-powered global equity fund

KARREN VERGARA  |  WEDNESDAY, 22 AUG 2018
Aberdeen Standard Investments launched a new fund that uses active quantitative strategies powered by machine learning to identify sources of potential returns. Launched in Luxembourg, the Aberdeen Global (AG) Artificial Intelligence Global Equity SICAV ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
Want a massive pay rise? An immediate 3464% (no typos there, it's a three thousand four hundred and sixty four percent) bump up in your wages? Pack your bags and move to Venezuela! You'll have to thank Venezuelan President Nicolas Maduro for ...

GAM to liquidate bond funds

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
GAM Investments will liquidate its suite of absolute return bond funds following the suspension of its head of absolute return strategies. Last week GAM announced it had suspended investment director Tim Haywood for risk management and record keeping ...

Financial crime taskforce puts two behind bars

KARREN VERGARA  |  MONDAY, 13 AUG 2018
The Serious and Financial Crimes Taskforce has helped put two men behind bars for laundering money and evading tax. Anthony Castagna and Robert Agius, both from New South Wales, were sentenced to seven years' imprisonment each. The pair used an ...

Zurich names executive lineup for new business

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
Zurich has named the executive team that will run its combined Australian life and investments business when its OnePath acquisition completes in early 2019. Long-time Zurich executive Tim Bailey will be the combined business' chief executive officer. ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
IOOF is celebrating record financial results, driven largely by its financial advice and platforms businesses and the execution of multiple acquisitions as recent as June. IOOF reported a record underlying profit after tax of $191.4 million for FY18 ...