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Showing 1991 - 2000 of 4777 results for "July 11"

NZ Super Fund appoints CEO

HARRISON WORLEY  |  WEDNESDAY, 20 JUN 2018
The NZ$38 billion New Zealand Superannuation Fund has confirmed its new chief executive after a global search for its next leader. Matt Whineray has been appointed chief executive of New Zealand's sovereign wealth fund, beginning July 1. Most recently ...

Priestley resigns from ASX, Future Fund boards

KANIKA SOOD  |  TUESDAY, 19 JUN 2018
J.P. Morgan Australia non-executive chairman Robert Priestley has resigned from the boards of the Australian Securities Exchange and the Future Fund following the ACCC pursuing a criminal cartel conduct investigation. Announcing his decision, Priestley ...

ASIC drags Westpac to court

KANIKA SOOD  |  MONDAY, 18 JUN 2018
ASIC has initiated civil penalty proceedings against Westpac in relation to a Perth financial planner whose poor advice has already seen the bank foot a $12 million bill to remediate clients. Sudhir Sinha provided financial advice in the Perth area ...

Class streamlines investment solution

KARREN VERGARA  |  FRIDAY, 15 JUN 2018
Class has made a new functionality available to financial planners to directly access specific information about investments. Under Class' partnership with data and analytics provider Simply Wall St, investors and financial planners can use the functionality ...

Advisers must tread carefully on PLS

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
Financial advisers are being warned to exercise caution and double check licensing requirements when advising on the Federal Government's Pension Loan Scheme as a retirement income supplement. As the Pension Loan Scheme is within credit licensing rules ...

ASIC issues warning over Dover advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
Advice licensees considering onboarding ex-Dover Financial Advisers' authorised representatives have been warned to ramp up due diligence processes by the corporate regulator. As the fallout from Dover's shock closure continues, ASIC has reinforced ...

Best-in-show funds pose pressing issues for advisers

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Productivity Commission's proposed best-in-show list of the top 10 default superannuation products could have pressing implications for financial advisers which shouldn't be overlooked. According to Wealthdigital technical manager Rob Lavery, the ...

Industry responds to Dover shutdown

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
The Association of Financial Advisers will lobby ASIC and the Federal Government to extend the transition period provided to Dover Financial Advisers' authorised representatives in the wake of the dealer group's shock closure. On Friday evening ...

Global $221bn manager hires BlackRock exec for new Australian office

ALEX BURKE  |  TUESDAY, 12 JUN 2018
A global investment manager headquarted in Zurich has appointed the head of wealth for BlackRock's local iShares business to lead an expansion into the Australian market. Alex Zaika will become managing director for Australia at GAM Investments ...

Senior insto sales manager at Schroders retires

ALEX BURKE  |  FRIDAY, 8 JUN 2018
Schroders' senior institutional sales manager is retiring from the industry after more than a decade with the firm. Mark Bourgeois joined Schroders in 2007. Before that, he was vice president of institutional sales and investment services at Merrill ...