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Showing 311 - 320 of 806 results for "Group of 20"

What do future asset managers look like?

DARREN SNYDER  |  WEDNESDAY, 10 OCT 2018
J.P. Morgan Asset Management chief executive Chris Willcox has outlined his vision for the $120 trillion asset management industry, identifying a true north for its future direction. Speaking to a group of international media in London on Tuesday, Willcox ...

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
The corporate regulator has banned a Spectrum Wealth adviser from providing financial services for three years, following an investigation that sprung from reports sent to ASIC by life insurers. Gurumukh Singh Mehra failed to act in his clients' ...

NAB combines teams, appoints executive

JAMIE WILLIAMSON  |  THURSDAY, 4 OCT 2018
NAB is merging its customer experience and marketing teams, appointing an executive general manager to steer the integrated function. Suzana Ristevski will step into the role of executive general manager, marketing and customer experience to lead a ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... financial services giant. The German authorities are investigating Macquarie Bank's alleged role in lending capital to a group of "independent" investment funds. The funds were trading shares around the dividend payment dates, strategy in which investors ...

Pengana merger pays off for WHSP

JAMIE WILLIAMSON  |  THURSDAY, 20 SEP 2018
Washington H. Soul Pattinson grew the value of its financial services investment portfolio by 19.3% in the 12 months to July 2018, contributing $16.4 million in net profit. Releasing full-year results today, the diversified investment house said the ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
An AMP non-smoking superannuation fund member was charged excessive premiums of up to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning. AMP group executive wealth solutions and chief customer officer Paul ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round ...

TAL acquires Suncorp Life

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
Following a strategic review, Suncorp will sell its life insurance business to TAL. TAL Dai-ichi Life and Suncorp have entered into a non-binding Heads of Agreement that will see TAL acquire the business for $725 million. The agreement includes a 20-year ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
Superannuation funds are coming clean about charging members advice fees in return for no services well before the financial services Royal Commission kicks into its latest round of public hearings. In the Royal Commission's fifth round, which kicked ...

Infocus grows executive lineup

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
Two senior Australian Unity executives have joined the leadership team of Infocus Wealth Management. Australian Unity's head of investment research Jeff Mitchell has been appointed to the newly created role of chief investment officer at the dealer ...