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Showing 361 - 370 of 3276 results for "RIC"

Pendal appoints portfolio manager

JAMIE WILLIAMSON  |  TUESDAY, 1 MAR 2022
Pendal has appointed a new portfolio manager to its Australian midcap fund as Andrew Waddington prepares to retire. Currently co-managing the $512 million fund, Brenton Saunders will take on full responsibility for the fund on April 1, at which time ...

FSC board adds Challenger chief

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
The Financial Services Council added the recently appointed chief executive of Challenger to its board. Nick Hamilton joins colleague Michelle Taylor, Challenger chief executive for people, corporate affairs and strategy, who was nominated to the board ...

Prime Value hires Rest portfolio manager

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
Boutique fund manager Prime Value appointed a new portfolio manager from Rest who was most recently in charge of its small-caps strategy. Melbourne-based Mike Younger was Rest's director and small-cap portfolio manager for more than five years. ...

Advisers optimistic about revenue growth

KARREN VERGARA  |  THURSDAY, 17 FEB 2022
Financial advisers are expecting a bumper year ahead, optimistic that revenue and operations will improve as lockdowns lift and pandemic worries ease. The majority of advisers canvassed by CoreData and Colonial First State expressed this sentiment ...

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
Thirty-one part-time members of the Financial Services and Credit Panel (FSCP) have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
The Commonwealth Director of Public Prosecutions has dropped all charges against the criminal cartel case involving the issue of ANZ shares. Last week, the CDPP withdrew charges against the remaining defendants, Citigroup Global Markets Australia, Deutsche ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
This Valentine's Day, Westpac and the ACCC's Scamwatch is urging people to be aware of love scams. Scamwatch found Australians had lost $56 million to love scams last year. This particular breed of scams appears to be on the rise, with 44% more lost ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... Superannuation funds will have to provide a retirement income strategy for members to assist them in their later years under the new RIC legislation, embedded in the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021. Under ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
MetLife and the Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard ...