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Showing 2021 - 2030 of 4930 results for "MIS"

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
Several superannuation funds could get caught in the crosshairs after a short report on WiseTech by J Capital has seen shares in the key Australian tech stock plummet. AustralianSuper, for example, has a $4.2 million holding in WiseTech. Australian ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
In its world economic update for October, the International Monetary Fund said that the global economy is in a synchronised slowdown. Growth for 2019 was downgraded again to 3%, its slowest pace since the global financial crisis. "This is a serious ...

Rainmaker Group announces acquisition of Industry Moves

HARRISON WORLEY  |  FRIDAY, 18 OCT 2019
The Rainmaker Group, publisher of Financial Standard and Money magazine, has added to its growing media portfolio with its acquisition of Industry Moves ( industrymoves.com ), Australia's leading publication on executive recruitment, leadership ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes. The regulator said disclosures have been assumed to inform consumers to make ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
As APRA raises the bar for the superannuation sector, trustees are readying themselves for discomfort. But the prudential regulator believes the pain is necessary for improving member outcomes. Addressing the Australian Institute of Superannuation Trustees ...

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
The Financial Conduct Authority in the UK has fined Tullett Prebon £15.4 million, citing "lavish entertainment" and lack of effective controls. The FCA said Tullett Prebon, an inter-dealer broker which acts for institutional clients transacting in ...

BT Financial Group enlists research provider

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
BT Financial Group has appointed an investment research house to provide managed accounts research advisory services. Morningstar Australasia will now support BTFG's six Multi-Sector Series Portfolios available to advisers through BT Managed Portfolios ...

Code monitoring move disappoints industry

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
Treasurer Josh Frydenberg and Assistant Minister Jane Hume announced the government will accelerate its implementation of the Royal Commission's recommendation to establish a single disciplinary body for financial advisers. The move has disappointed ...

Regal appoints global distribution lead

ELIZA BAVIN  |  FRIDAY, 11 OCT 2019
Regal Funds Management has appointed a new global head of distribution, recruiting from Pendal Group. Rebecca Fesq will join the investment manager after five years at Pendal Group after where she is head of client experience and direct. She takes on ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
Phil Gallagher and Bruce Bastian said the average worker will receive around $50,000 more than the Grattan Institute's "flawed and misleading analysis." ISA said modelling done by Grattan is based on dubious assumptions that "don't stack up" and there ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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