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Showing 3311 - 3320 of 21764 results for "Dec"

4D Infrastructure welcomes new investment director

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
Tim Snelgrove has been appointed investment director and will report into chief investment officer Sarah Shaw. Snelgrove will be based in Sydney and brings 14 years of experience in financial services to the role, including 12 years in globally listed ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
Nearly six years since the landmark Royal Commission, former High Court justice Kenneth Hayne stands by his recommendations that upended the banking and financial services sectors. Making a rare appearance at the International Congress of Actuaries ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
PwC acting chief executive Kristin Subbins confirmed the embattled firm will stand down more senior staff while tax breach investigations continue, however their names will not be revealed. In an open letter, Stubbins apologised for the firm sharing ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
Allianz Retire+ bolstered its wealth management operations, with two state managers joining the distribution team in recent times. Stephen Armstrong joined this month in the newly created role of state manager for Western Australia (WA) and South Australia ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
AMP has made the chief executive role of its local wealth management business redundant as it restructures to a new operating model. Australian Wealth Management (AWM) will see chief Scott Hartley exit by the end of the year. "With the recent [AMP Capital] ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

VanEck reduces fees on NUGG

CHLOE WALKER  |  MONDAY, 29 MAY 2023
VanEck has dropped the management fees for its Gold Bullion ETF (NUGG) from 0.39% to 0.25% p.a. The ETF, which launched in December last year, is physically backed by gold bullion sourced from Australian gold producers. VanEck Asia Pacific managing ...

HESTA pushes for gig worker super entitlements

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
HESTA is the latest industry fund calling for an extension of compulsory Superannuation Guarantee (SG) benefits to workers in the gig economy, amid concerns these workers will be "vulnerable to poverty" later in life. HESTA chief executive Debby Blakey ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
Lazard has promoted current chief executive of financial advisory Peter R. Orszag to the role of chief executive, while former chief executive and chair Kenneth M. Jacobs will step into the role of executive chair of the board. Orszag has served as ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
Treasury has proposed a 1.5% increase in the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 ...