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Showing 2091 - 2100 of 19571 results for "Ban"

JANA names new principal consultants

ELIZABETH FRY  |  FRIDAY, 18 NOV 2022
JANA Investment Advisers has promoted four staff members to principal consultants, including Jo Leaper, its high-profile head of operational consulting. Leaper has aspired to this role since joining the asset consultant 12 years ago. "I am incredibly ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
The big four bank has confirmed it will close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... on the report, SMSF Association chief executive John Maroney said: "In 2019, our response to the CFR was that an outright ban on LRBAs could be avoided by 'mitigating' risks to this SMSF asset class." "What has occurred in the intervening three years ...

Mercer recruits from Hostplus

CASSANDRA BALDINI  |  THURSDAY, 17 NOV 2022
Mercer appointed its new chief risk and compliance officer in the Pacific region, Norlena Brouwer, who joins from Hostplus' executive team. She will commence the role in February next year and be responsible for delivering the firm's strategic priorities ...

Altis Property Partners secures $600m

CASSANDRA BALDINI  |  THURSDAY, 17 NOV 2022
The Australian real estate investment manager secured equity commitments of $600 million from global investors for its real estate strategies. The capital secured across two Altis funds, AREEP4 and AIF1, will go toward developing local core real estate ...

Former van Eyk Research chief sentenced

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2022
Mark Thomas, the former chief executive of failed research house van Eyk, was sentenced this week after pleading guilty to breaching directors' duties earlier this year. Thomas has been sentenced to 15 months, to be served by way of an intensive correction ...

Advisers, non-relevant providers will not compete: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
Financial advisers won't be competing with non-relevant providers to provide advice as they're occupying different worlds and serving different needs, Quality of Advice Review chair Michelle Levy says. Speaking to Financial Standard for an upcoming ...

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ...

Financial services sector reports highest rates of burnout

CASSANDRA BALDINI  |  WEDNESDAY, 16 NOV 2022
New data reveals 64% of banking and financial services employees have felt burnt out or emotionally overloaded from work in the last 12 months. Slack APAC research titled Leadership and the war for talent surveyed 1000 knowledge workers in Australia. ...

Collimate deal nearly over the line

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
Dexus and AMP have confirmed that 'significant progress' has been made towards satisfying all conditions precedent for the transaction of Collimate Capital. The regulatory approval processes associated with both sales are ongoing, with the result that ...