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Showing 371 - 380 of 5090 results for "House"

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 basis point rate cut, lowering the benchmark rate to 4.50%-4.75%. Powell ...

Fidelity makes key sales appointments

ELIZABETH FRY  |  WEDNESDAY, 6 NOV 2024
Fidelity International has made two key leadership appointments within its Australian distribution team. Lukasz de Pourbaix has been appointed head of strategic sales and solutions and Lauren Jackson head of wholesale sales. In this newly created role ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... the Queensland government which is examining potential criminal links at the casino. Perpetual is not the only investment house to fall victim to being invested in Star. In September WAM portfolio managers Matthew Haupt and John Ayoub admitted they "got ...

Liberal MP calls for SoA replacement

KARREN VERGARA  |  TUESDAY, 5 NOV 2024
... their existing client base because of the regulatory impost and they are no longer able to take on new clients," he told the House of Representatives. The bill proposes to provide a clear and concise letter of engagement, which will be given to the client ...

FAAA moves to combat adviser shortage with new partnership

ANDREW MCKEAN  |  TUESDAY, 5 NOV 2024
... intervention, the industry may struggle to ever regain its former strength. Even with its most optimistic forecasts, the research house suggested that by 2044, Australia could still have only 12,000 financial advisers. But in a more dire scenario, with ...

Former super fund investment chief in new gig

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
... Partners a longstanding client. Bellmont describes the relationship with the specialist investment consulting and research house as "a long-standing partnership." Block has worked in the investment management industry for over four decades. His career ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... motion to investigate how Dixon Advisory/E&P was able to escape unscathed from providing conflicted advice relating to its in-house product, the US Masters Residential Property Fund (URF). In 2016, financial advice businesses Evans & Partners and Dixon ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
The corporate regulator is suing Oak Capital, alleging it deliberately circumvented the National Credit Code by writing loans to companies it knew were for individuals before repossessing their homes when they couldn't repay. Oak Capital is a private ...

TAL names retirement and wealth lead

MATTHEW WAI  |  THURSDAY, 31 OCT 2024
TAL Australia has announced an in-house promotion to lead its team of product, investment and operational specialists. Shaun Bransdon has stepped into the role of general manager, retirement and wealth, a position that he will further develop and deliver ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... Morningstar said "it's hard to view Cbus positively for its culture" or its ability to "retain key talent." The research house noted that senior team turnover comes as Cbus' board has been caught by its limited independence and strong union ties ...