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Showing 251 - 260 of 653 results for "Kerri"

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

Combination of fiscal and monetary policy essential for Japan

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
Japan must look to a combination of fiscal and monetary policy if it wishes to achieve the structural reform as set out in the third arrow of Abenomics, according to QIC Shocking global markets with the announcement of negative cash rates in late January ...

Futuro completes restructure

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
Futuro Financial Services has completed a 12 month restructure of its wider business and executive team. The restructure has seen Dennis Bashford step aside as managing director and into the role of executive chair. Bashford has now fully handed over ...

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
ASIC has cancelled the Australian financial services licence of an international financial services firm. Marigold Falconer International had its AFSL cancelled after ASIC was not satisfied that it could obtain insurance cover for the services it was ...

UK IFAs increasingly outsourcing to DFMs

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
United Kingdom independent financial advisers (IFAs) are increasingly outsourcing investment assets to discretionary fund managers (DFMs) as asset managers start to feel the fee pressure pinch, according to Cerulli Associates' 'Asset Management in the ...

Scholarship launched to support female planners

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
Griffith Business School and SunSuper have partnered to introduce a scholarship to assist women in the financial planning industry. Scholarship recipients will receive $5,000 to put towards their studies and will also be offered either work experience ...

Investors must be ready for grey swans

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
Investors should look to cash as global market uncertainty leads to a growing number of 'grey swan' events, according to IOOF portfolio manager, fixed interest and cash, Juanita Escobar Derived from Nassim Nicholas Taleb's black swan theory - an event ...

VicSuper hires distribution executive manager

KERRIE SYDEE  |  TUESDAY, 16 AUG 2016
VicSuper has appointed an executive manager, distribution and has flagged a commitment to future growth through distribution. With more than 15 years' experience in the financial services industry, Joshua Parisotto will step into the newly created role. ...

PSK completes acquisition of Sydney firm

KERRIE SYDEE  |  TUESDAY, 16 AUG 2016
PSK Financial Services has acquired a Chatswood-based financial planning firm, bringing the group's total funds under advice to $2 billion. Founded more than 20 years' ago, Legan Financial Services is currently responsible for $420 million of funds ...

MLC adds 56 new options to investment menus

KERRIE SYDEE  |  MONDAY, 15 AUG 2016
MLC has added 56 new investment options to the MLC Wrap and MLC Navigator investment menus. The new investment options give financial advisers access to additional high quality managed funds when building their client investment portfolios. General ...