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Adviser education renews ethics focus

KARREN VERGARA  |  MONDAY, 4 SEP 2017
Financial advisers will see a raft of new courses around ethics and integrity as these issues come to the fore ahead of the code of ethics to be introduced from the industry's new regulatory body. Ramping up efforts in ethics education is a bold move ...

Beware creative debt packaging: Robeco

KARREN VERGARA  |  FRIDAY, 1 SEP 2017
In this low volatility environment, it's important not to fall into the trap of chasing yields and creatively packaging debt again - reminiscent of the lead up to the Global Financial Crisis, a fixed income expert says. Robeco Singapore fixed income ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...

IRESS announces senior leadership restructure

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
A sweep of global leadership changes at IRESS will see the departure of its Sydney-based global head of financial markets and its chief operating officer. As part of a global strategy to drive continued growth and ensure alignment to its long-term goals ...

Countplus searches for new CFO

KARREN VERGARA  |  THURSDAY, 31 AUG 2017
Countplus' chief financial officer has resigned during a period of transformation and lower reported earnings at the financial services firm. John Collier will depart in November after two years with the firm. Countplus' board said it will commence ...

SuperStream ushers in digital era

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
Ninety-five per cent of all superannuation payments between employers and the Australian Taxation Office are being performed digitally, five years after the roll out of SuperStream. The move to digital, which involved the co-operation of 200 APRA funds ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
The Commonwealth Bank is aiming to grow the climate and green-aligned bond sector in Australia with a new global partnership. The bank, who arranged $1.02 billion of climate bonds into the Australia medium term note market in the 2017 financial year ...

Morgan Stanley appoints Australia research head

ALEX BURKE  |  TUESDAY, 29 AUG 2017
Morgan Stanley has appointed a new head of research for Australia. Richard Wiles takes on the role having previously been a banks and financial institutions group analyst. He replaces Lou Pirenc, who is relocating to New York to take on the position ...

Pre-retirees risk significant shortfalls: MLC

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
An alarming number of pre-retirees are at risk of falling short of what is required for a 'comfortable retirement', according to research from MLC. More than half of those aged between 50 and 70 are on course to fall beneath the ASFA standard ($545,000 ...

Ignition Wealth expands leadership team

EMMA RAPAPORT  |  TUESDAY, 29 AUG 2017
Ignition Wealth, the Sydney-based robo-advice firm backed by industry magnate Barry Lambert, is expanding its leadership team with a key appointment to the investment committee. Simon Conroy, a senior investment and banking professional whose previous ...