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Showing 2421 - 2430 of 8182 results for "Institutional"

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... at Insurance Australia Group. Before that, held multiple roles at Westpac including as chief information officer Institutional Banking Group and chief executive of Westpac-owned software incubator Qvalent. McPhee said of the new appointment: "ME has ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
ASIC banned two joint chief executives from providing financial services for six years following an investigation. Jeffrey Worboys and Matthew Barnett were joint chief executives of Australian Mutual Holdings - an AFSL holder and responsible entity ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
The sovereign wealth fund has crossed $150 billion in assets after a strong quarter, as it readies to pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% ...

Pension fund acquires telco

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
The Universities Superannuation Scheme, a UK pension scheme with over £50 billion under management, is acquiring a large telecommunications company. KCOM has agreed to a £504 million cash takeover that would see the Universities Superannuation Scheme ...

IOOF breaches APRA licence conditions

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
IOOF has breached one of APRA's licence conditions by failing to establish a dedicated superannuation trustee function by the 31 March 2019 deadline. IOOF was due to meet and comply with licence conditions imposed by APRA on the embattled wealth ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... authorised representatives to meet FASEA's 31 December 2018 deadline. Eighty percent of the new licences went to non-institutional financial advisers, bringing the total number of registered advisers to 27,211, Rainmaker's Advantage report read. ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
The Australian Shareholders Association is set to take a swing against AMP at the wealth manager's AGM next week. ASA will vote against AMP's remuneration report at its annual general meeting next Thursday, as it harbours ongoing concerns about culture ...

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... the table for an ongoing, informed and constructive conversation about appropriate controls - as a coalition of institutional investors, we have commissioned an expert report to guide that conversation with an open brief that could include technology ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The Australian Prudential Regulation Authority has granted Judo Bank, formerly Judo Capital, a licence to operate as an authorised deposit-taking institution without restrictions in what is being welcomed as a win for banking competition and fintechs. ...

Financial software firm strengthens leadership

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... Paribas Securities Services head of sales. SS&C Technology has appointed Steve Tremelling as managing director for institutional and investment management. In his new role, Tremelling will be responsible for sales and client relationships within the ...