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Showing 3071 - 3080 of 6884 results for "Act2"

Former NAB, AMP adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
A former NAB and AMP financial adviser is facing an ASIC ban after the regulator deemed him incompetent to provide advice. Graeme Ashley Cowper was recently served a ban from providing financial services for a period of four years after he was found ...

ASIC takes civil action against AMP

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
The corporate regulator has commenced Federal Court proceedings against AMP Financial Planning (AMPFP), alleging the division of the recently scrutinised mutual failed to ensure its authorised financial planners complied with the best interests duty ...

Software provider wins European asset management mandate

HARRISON WORLEY  |  MONDAY, 25 JUN 2018
A European asset management giant has signed a long-term contract with an ASX-listed wealth management and funds administration software provider. Legal and General Unit Trust Mangers (UTM), has signed a long-term contract with Bravura Solutions, with ...

PC puts spotlight on lifecycle super products

KARREN VERGARA  |  MONDAY, 25 JUN 2018
The Productivity Commission said on its third and final day of hearings in Brisbane it will scrutinise the competitiveness and efficiency of lifecycle and retirement income products in its review of the superannuation system. Productivity Commission ...

Praemium moves Smartfunds into UAE

KANIKA SOOD  |  MONDAY, 25 JUN 2018
Praemium is taking five Smartfund products to the United Arab Emirates, leveraging a local bank's distribution network as it expands its footprint in the Gulf region. The ASX-listed SMA provider has gained regulatory approval from the Securities ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... forgotten their history but from their comments, these top central bankers have not. Case in point, the Smoot-Hawley Tariff Act - enacted on 17 June 1930 - which increased the tariffs on US imports from 25.9% to 50%. Other countries imposed retaliatory ...

QIC continues US expansion

HARRISON WORLEY  |  FRIDAY, 22 JUN 2018
The chief executive of $85 billion investment manager QIC has two new direct reports. QIC appointed Leonie Wilkinson as the new executive director of its global clients and marketing division, shifting her from her current role at the investment giant ...

FASEA names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
The Financial Adviser Standards and Ethics Authority appointed a new chief executive from APRA. Formerly general manager of APRA's specialised institutions division, Stephen Glenfield will take on the role from 1 August 2018. He replaces inaugural ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
Influential superannuation industry stakeholders had the opportunity to respond to the Productivity Commission's draft report at a public hearing held in Sydney this morning. Challenger retirement income chair Jeremy Cooper said he welcomed Draft ...

Quantifeed eyes Australian expansion with $13.5m raising

KANIKA SOOD  |  WEDNESDAY, 20 JUN 2018
The fintech is looking to expand its B2B robo-advice business in Australia as a part of a $13.5 million venture capital raising announced today. The series B funding was led by Taiwanese giant Cathay Financial Holdings, with participation from US-based ...