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Showing 3651 - 3660 of 28255 results for "NOT"

Dealer group adopts profit-for-purpose model

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... coordinated, structured manner. "Transitioning a business model from for-profit to profit-for-purpose is no easy feat and not a decision the executive has taken lightly, but we're proud to be changing direction in such a way," Coloretti said. "The ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... organisation's original culture and ensuring that investment performance is on par with an external manager. As such, not all funds are adopting the strategy of internalising or setting up offshore bases. HESTA is keen on global investment opportunities ...

AustralianSuper names deputy chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
AustralianSuper has bolstered its leadership team, naming a former chief executive of Frontier Advisors and IFM Investors as its new deputy chief investment officer. Damian Moloney, AustralianSuper's current head of investments (Europe), will assume ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... between February and April. Collectively, 82% of respondents said that the volatility experienced over the past 12-18 months has not led to a significant rethink of their growth plans. Specifically, 21% of APAC respondents said they expect their assets ...

FSCP hands down second order, audits adviser

KARREN VERGARA  |  WEDNESDAY, 28 JUN 2023
... on the same day that the client completed a risk profile questionnaire. This demonstrated that the relevant provider could not have properly enquired about or considered the client's needs and objectives, the FSCP said. Consequently, several sections ...

Family office manager names first chief executive

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
Alvia Asset Partners has welcomed its very first chief executive in Nathan Robertson, as it implements a growth initiative aimed at servicing other areas of the industry. Robertson brings over two decades of experience in financial services, most recently ...

Calastone, Schroders collaborate on tokenised investment vehicle

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... exploring different types of DLT and looking for the use cases where it can add real value," he said. "Tokenising fund units will not provide the transformation that the industry is looking for, however operating collective investments on a native DLT ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... and savings power could mean that their prospects are even more difficult," Salis wrote. "The superannuation industry does not escape this change. A 2017 study by the Financial Services Council also found that even though 70% of Millennials had a superannuation ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... exploited, giving an unauthorised party access to members' data. Similar to CalPERS, CalSTRS uses PBI to ensure payments are not sent after a member has passed away. PBI also locates missing pension plan participants and missing beneficiaries and relatives. ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers that was in place in 2020-21 and 2021-22. The levy is currently set at the 2018-19 ...