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Performance fees drive Janus Henderson post-merger revenues

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
... clients globally and remain encouraged by developing relationships. In 2017, we delivered substantial growth in profitability, top-line results and cash flow generation, and we are pleased that we are on track to deliver cost savings greater than originally ...

Financial services pay top dollar for compliance, IT skills

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
... regarded in 2018 to meet regulatory and customer expectations. Startups and fintechs meanwhile are increasingly attracting top talent as the pace of growth increases, and at the same time offering attractive career opportunities. In financial planning ...

Wells Fargo opens up on pay gaps

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
... Fargo's on-going commitment to equitable pay for our team members and our commitment to attracting, developing, and retaining top talent." "We will continue to evaluate team member compensation and make changes when warranted to pay our team members ...

CBA chair says culture needs improvement

ALEX BURKE  |  THURSDAY, 1 FEB 2018
... 60 have been completed. Eleven focus groups were also held, which included more than 100 CBA staff at management level. On top of this, APRA made an online staff survey, which addresses culture and risk management, available to nearly 10,000 CBA staff ...

Consistent growth fuels Future Fund cyber fears

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2018
The constant risk of a cyberattack on the Future Fund's investment portfolio is among its top concerns. Future Fund chairman Peter Costello said in a portfolio update this morning that the sovereign wealth fund considers cybersecurity risk to be a major ...

CMC Markets hires head of sales trading

KARREN VERGARA  |  THURSDAY, 1 FEB 2018
CMC Markets announced its new Sydney-based sales trading head for the Asia Pacific and Canada division. Ashley Glover will lead the CMC Markets APAC team to build its high-net-worth and frequent trader client base, as well as focus on delivering customer ...

Acorns Australia restructures after $150m milestone

ALEX BURKE  |  WEDNESDAY, 31 JAN 2018
... fees. Eligible app users were also able to take advantage of the government's co-contribution payment when making additional top-ups. In June last year, Acorns then introduced the Emerald Portfolio: a diversified portfolio of equities, bonds and cash ...

TAL enhances adviser learning hub

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... been more important for advisers to have access to continuous learning and education resources that can help them stay at the top of the industry, grow their businesses, and provide the best possible outcomes for their clients," he said. Riley added ...

2017 AGMs less tumultuous: ASIC

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
The number of top 200 ASX-listed companies that received a strike against pay resolutions in 2017 has dropped, as shareholders increasingly become more engaged during proxy season, ASIC says. The corporate regulator, which closely monitors the outcomes ...

Aberdeen LIC internalises management

ALEX BURKE  |  THURSDAY, 25 JAN 2018
... dividend." He added: "While still focusing on company fundamentals, I do intend to manage the portfolio with a larger emphasis on top-down macro trends to identify companies that will benefit from strong investment 'tailwinds.' "I will also be focusing ...