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Showing 2521 - 2530 of 5853 results for "Profession"

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
In a workweek cut short by a public holiday, the Royal Commission heard evidence which included an AMP adviser identified only as Mr E, whose clients haven't even been informed of his misconduct yet. It also included a high-profile adviser who "most ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... remains to be seen what the outcome will be, but one thing is certain - there are many advisers willing to fight for the profession they believe in. They have their say below. Matthew Walker, director, WLM Financial We at WLM are shocked and disheartened ...

Saxo Bank moves banking platform to cloud

KANIKA SOOD  |  FRIDAY, 27 APR 2018
Saxo Bank has entered a strategic partnership with tech giant Microsoft, under which it will aim to run the technology stack for all of its banking products on Microsoft cloud. Founder and chief executive Kim Fournai said the move will help the bank ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
The Association of Financial Advisers decided to retain two financial advisers as members despite them receiving official banning orders from ASIC because the association didn't want to tarnish its reputation and engage in a legal battle. AFA chief ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Reserve Bank of Australia has appointed a new chief information officer. Gayan Benedict has been serving as the RBA's deputy head, technology services since 2013. Before that, he was senior manager, department of information technology. Prior to ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Dover Financial Advisers was revealed as the only large scale financial advice licensee to decline the Royal Commission's request for assistance in identifying instances of misconduct. Appearing before the Commission yesterday, Dover owner Terry McMaster ...

IFM partners to launch global property manager

HARRISON WORLEY  |  THURSDAY, 26 APR 2018
An Australian-based global fund manager with more than $105 billion under management has established a joint venture company with an unlisted property fund manager. IFM Investors and Industry Super Property Trust (ISPT) have established International ...

OneVue and managed account provider add scale to advice firm

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
OneVue and a specialist managed account provider have been chosen by a boutique financial advice firm to deliver a customised solution to high-net worth clients. Following a business model review, Victorian advice practice Kuda Wealth now offers a suite ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
The Royal Commission scrutinised the shortcomings of professional associations' ability to protect clients against inappropriate financial advice and the lack of urgency in resolving complaints. The Commission recommenced with Financial Planning Association ...

Robo-adviser partners with private wealth firm

KARREN VERGARA  |  TUESDAY, 24 APR 2018
Robo-adviser Clover has partnered with a Melbourne-based private wealth firm to provide its proprietary online financial advice and wealth management technology. The white-label structure will see Collins House offer a digital advice service to clients ...