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Showing 3511 - 3520 of 5855 results for "Profession"

PROFILE: PGI chief executive Grant Forster

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
Principal Global Investors (PGI) chief executive Grant Forster's first job at a Woolworths supermarket was hard work. He remembers long eight-hour shifts packing fridges, stacking shelves and assisting customers. "It taught me it was an area I didn't ...

Don't overlook culture and discipline: MFS

MARK SMITH  |  THURSDAY, 7 MAY 2015
A strong corporate culture and the discipline to soft-close funds before they are hurt by their size are too often overlooked by fund managers, according to MFS Investment management global equity chief investment officer Kevin Beatty. The Boston-based ...

CML launches $25m corporate bond issue

LAURA MILLAN  |  THURSDAY, 7 MAY 2015
Finance and employment services company CML group has launched a $25 million unrated bond issue targeting private investors, self-managed super funds (SMSFs) and advisers. The corporate bond issue is arranged by FIIG Securities and has a minimum initial ...

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
NAB has appointed Ken Henry AC as its new chairman. Henry will succeed Michael Chaney AO, who will retire at the bank's annual general meeting in December. Henry has been on NAB's board since November 2011. Previously he was Secretary of the Commonwealth ...

Robo advice questions still unanswered

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... quite long," he said. "My sense is that this is not an "either or", it's an "and" strategy. I think that the advice profession is very well established here in Australia. "IOSCO - of which the Financial Planning Standards Board [and ASIC] is an affiliate ...

FPA proposes risk commission cap

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
The Financial Planning Association of Australia (FPA) has released its life insurance blueprint paper discussing its aim to drive competitive, professional, and valuable service to Australian consumers. "Remuneration for insurance work should be compensated ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...

Australian advisers court Chinese investors

ALEX BURKE  |  MONDAY, 4 MAY 2015
The Asia Pacific Stock Exchange has partnered with AIMS Financial Group to host 200 Australian financial advisers in China in a series of meetings with Chinese investors, institutions and regulators. The advisers, sourced from the Association of Independently ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Wealthsure Group will request for its Australian Financial Services (AFS) licence to be cancelled, following the acquisition by Sentry Group. Wealthsure (WPL) has already transferred some of its authorised representatives to Wealthsure Financial Services ...

Institutions and independents tackling risk reforms

ALEX BURKE  |  THURSDAY, 30 APR 2015
AMP has announced reductions in upfront commissions for licensed advisers on all life insurance policies, adopting a hybrid commission structure. At the same time, members of Australia's largest independent adviser network, Centrepoint Alliance, have ...