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Showing 2021 - 2030 of 19571 results for "Ban"

Adviser who faked signatures sentenced in court

CHLOE WALKER  |  MONDAY, 16 JAN 2023
Former Adelaide-based financial adviser Tai Thanh Nguyen has pleaded guilty to two counts of falsifying company books. Nguyen was convicted on both counts and placed on recognisance in the sum of $1000 to be of good behaviour for two years. The former ...

Talaria appoints chief operating officer

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
Talaria Asset Management has appointed a new chief operating officer to support the growth of the Talaria Global Equity Fund. Liz Ninness joins the business team, based in Melbourne and working on the Talaria Global Equity Fund. Ninness replaced Rhys ...

JPMorgan says fintech was a fraud, closes business

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2023
JPMorgan has shuttered the financial planning fintech it acquired in 2021 and is suing its founder, claiming most of its users were fake accounts created to inflate the business' value. In September 2021, JPMorgan Chase acquired Frank, a platform that ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
The number of financial advisers is now at its lowest in almost two decades, analysis shows. According to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, a net 3250 (17.3%) financial advisers exited the sector last year ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
The differences between the US and Australian defined contribution workplace superannuation system has been explored at an academic forum in New York. At the Global Committee of the Defined Contribution Institutional Investment Association (DCIIA) forum ...

Dexus Fund Management bolsters board

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Dexus has welcomed Paula Dwyer and Rhoda Phillippo to its funds management board as independent non-executive directors, effective 1 February 2023. Dwyer has been a chair and a non-executive director for over 20 years. Her executive career was previously ...

Bennelong picks new global chief executive

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Bennelong Funds Management has named John Burke as its new global chief executive. He will take over from Craig Bingham who has led the business for the past eight years. Burke will join in the first half of 2023 from Fidante Partners where he held ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Australian equities are set to battle the bearish storm ahead and outperform global equities this year, according to the fund manager. Recent analysis by VanEck shows Australian equities, as represented by the S&P/ASX 200, was one of the best-performing ...

Aware Super, Goldman Sachs, Bank of America back Xpansiv

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
Commodities platform Xpansiv has secured new strategic investors in Bank of America and Goldman Sachs, while Aware Super has deepened its investment. Xpansiv also announced the closing of a $125 million capital raise designed to fuel continued growth ...

AAT upholds AFSL cancellation

CHLOE WALKER  |  THURSDAY, 12 JAN 2023
The Administrative Appeals Tribunal (AAT) has supported ASIC's decision to cancel the AFSL of Olive Financial Markets Pty Ltd (Olive). Between 2013 and 2018, Olive operated both a managed discretionary account (MDA) service and a superannuation rollover ...