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Showing 251 - 260 of 463 results for "Subsequently"

ACCC immunity deal questioned by court

ELIZA BAVIN  |  FRIDAY, 6 DEC 2019
... with the ACCC in July 2016 he was shown a "very detailed chronology" about the ANZ transaction and his statement was subsequently drafted on an ACCC computer with the watchdogs help. Then, in December 2016 Galvin said he and the ACCC went through his ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
... years, according to its PDS. The Neuberger Berman Strategic Income Strategy was first launched in the US in 2003, and subsequently in Europe in 2013. Neuberger Berman attributes portfolio diversification and a dynamic approach to duration management ...

Licensee faces hefty remediation bill

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
... clients' financial situation, needs and objectives, and provides the basis for the financial advice. ClearView subsequently undertook a full review and remediation program, overseen by Deloitte.

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... priority. This will be done via consumer tests to find more appropriate labels or versions for general advice. ASIC will subsequently publish a report on the findings. As for the gap in unmet advice needs, ASIC believes it has a role to play by examining ...

Midwinter acquired by Bravura

JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... software to the Australian advice market. The announcement follows attempts by Bravura to buy GBST Holdings which was subsequently acquired by the UK-based FNZ. Bravura said the acquisition is a good strategic fit, with Midwinter's AdviceOS solution ...

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... Tribunal. ASIC intervened with these potentially non-compliant bodies and reported that 50 financial service licensees subsequently obtained AFCA membership, four financial services licensees cancelled their licences voluntarily and four were cancelled ...

Industry fund appoints advice GM

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
... "During Nicole's first year in 2016, we saw an increase of prompted brand awareness of more than 60%. Nicole has subsequently played an integral role in positioning Statewide Super as one of the leading superannuation brands in the country," D'Alessandro ...

Spitfire acquires adviser platform, names chief

ELIZABETH MCARTHUR, KARREN VERGARA  |  MONDAY, 3 JUN 2019
... Wealthtrac Portfolio Service. Matthew Johnson, who has led Wealthtrac as chief executive for more than nine years, has subsequently become Spitfire's new chief executive. Spitfire also appointed former BTFG head of product development and design ...

Credit fund launches to wholesale investors

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... credit licence last year was pivotal in broadening our ability to originate our own range of credit products and subsequently new fund investment opportunities." The firm's credit portfolio is managed on behalf of high-net-worth and institutional investors ...

Life insurers prioritise customer service over tech

KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... the insurance industry, we would have expected to see a higher level of investment in this area," the report said. Subsequently, only a minority of leaders (6%) intend to invest in internal talent and capability. "As the sector faces increased scrutiny ...