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Showing 3751 - 3760 of 29058 results for "PRI"

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
Federated Hermes has appointed an international sales head, responsible for all sales activities across Asia Pacific, Europe, and the Middle East. The investment manager selected Clive Selman for the role of international head of sales. Selman was formerly ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
Challenger Life reaped the benefits of regulatory reforms in the 2023 financial year and a greying population as retail and institutional investors alike increasingly turn to retirement income products. Annuity sales stemming from the domestic retail ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
ASIC permanently banned a financial adviser who has been advising for 34 years after an investigation found, among other violations, that he misappropriated funds and dealt in derivatives without the proper authorisations. Donald James Cuthbertson ...

Super funds prime distributor of death, TPD cover

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
Australians paid an estimated $13 billion in death and TPD premiums last year, more than half of which through superannuation funds, Rainmaker Information says. While the amount paid was up 5.5% per annum over the last decade, this rate of growth has ...

MFS appoints new country head

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
MFS Investment Management has appointed Josh Barton as managing director and head of Australia and New Zealand, replacing Marian Poirier. Barton is currently responsible for leading the firm's sales efforts involving institutional investors in Australia ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
Franklin Templeton has launched its first alternatives fund in Australia, expanding access to the asset class for retail investors. The Franklin K2 Athena Fund primarily invests in uncorrelated risk premia strategies spanning various asset classes ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
Equity Trustees is merging its superannuation and corporate trustee services divisions, creating a $150 billion business. The group said the two divisions share many similarities, meaning "it makes good commercial sense to bring them together." All ...

Investors recoup $3m in first Caddick payout

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
Investors duped by fake financial adviser Melissa Caddick were paid $3 million, as distributed by liquidators Jones Partners. The distribution emanated from realised share portfolios and the sale of Caddick's Dover Heights property that she resided ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
While adding a new head of portfolio management and chief operating officer for investments, Aware Super has lost one of its key portfolio managers to an asset consultant. Evidentia Group has appointed Jo Cornwell as head of manager research and a member ...