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Showing 2311 - 2320 of 9279 results for "wealth"

RBA names head of payments policy

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... department, among others. Connolly will now report to assistant governor (financial system) Michele Bullock. "Ellis brings a wealth of experience in regulation, the operation of markets and economics. He is a strong leader with a high level of skill ...

Clearstream wins custody mandate

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
... "Being the largest global custodian in Australia, J.P. Morgan covers a client base ranging from superannuation funds to wealth platforms. Its connection to Vestima will deliver J.P. Morgan and its clients class-leading efficiency and reach." While J.P. ...

Largest asset owners grow: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
... their total assets by 15.7% last year to US$23.5 trillion. About 58% of this is held by pension funds, 34.7% by sovereign wealth funds and 7.2% by Outsourced Chief Investment Officers and Master Trusts. Australian institutional investors account for ...

Adviser jailed for illegal super access

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... illegal early access of clients' superannuation to the tune of $1.5 million. Victoria-based Ahmed Saad operated Saad Wealth Management between 10 April 2012 until 16 October 2017 as a former Apogee Financial Planning authorised representative. Between ...

WealthO2 appoints to newly created role

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
WealthO2 has appointed Ahn Rutty to the newly created role of head of client success as demand for its adviser tech software solution increases. Rutty will play a pivotal role in orchestrating the seamless onboarding of financial advisers to deliver ...

Pella Funds Management adds to advisory board

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
Pella Funds Management has announced the appointment of Debbie Alliston to its advisory board. Alliston brings a wealth of experience to the team, having recently retired from her role as chief investment officer at Multi Asset Group and head of portfolio ...

Future Fund hires chief economist

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
The $199 billion sovereign wealth fund hired from Wellington Management for its inaugural chief economist. Toby Johnston will commence the role on January 27 and will report directly to the Future Fund's chief investment officer Sue Brake. He will lead ...

Equip appoints head of retirement

JAMIE WILLIAMSON  |  TUESDAY, 23 NOV 2021
... that he was SS&C's head of product management for Asia Pacific and has also held roles at Colonial First State, Citadel Wealth Solutions and True North Investments. As head of retirement, Higgie will oversee Equip's retiree offering. Currently those ...

CBA receives regulatory approval for CFS sale

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... firm.The transaction was originally expected to complete in the first half of this year. Earlier this year, former MLC Wealth and current Generation Development Group chair Rob Coombe was named as chair-elect ahead of the acquisition and has since been ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... conference. One problem, as backed by the Retirement Income Review, is that too many Australians die with the bulk of their wealth intact, which is then bequeathed to the next generation often at retirees' expense by living a frugal lifestyle. "If ...