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Showing 381 - 390 of 575 results for "PIV"

YBR exits wealth, sells for $2.5 million

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
Mark Bouris' Yellow Brick Road is shuttering its wealth business to focus on mortgages, entering into a sale agreement for a sum of approximately $2.5 million. YBR Wealth's share of rights to the recurring revenue streams derived from its wealth advice ...

Time-poor advisers to embrace model portfolios

HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
New research from global asset manager State Street Global Advisors reveals financial advisers may shun traditional investment management tasks in a bid to spend more time on clients as mounting regulatory and compliance responsibilities take their ...

Culture index launched

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
In response to current concerns around Australian corporate culture exposed by the Hayne Royal Commission, a Melbourne-based startup has launched a standardised index creating culture transparency. The Workability Index (TWI) aims to provide companies ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
"Give me a one-handed economist. All my economists say 'on one hand...', then 'but on the other..." - Harry Truman The AFR recently published an opinion piece from Kate Samranvedhya - a Bachelor of Science in Economics graduate from Massachusetts ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...

Grow Super hires Qantas Super executive

KANIKA SOOD  |  MONDAY, 2 DEC 2019
Grow Super has hired Qantas Super's chief operating officer, as it looks to divest its superannuation business and pivot towards administration services. Grow Super is currently looking for a buyer for its $39 million (as at June end) of superannuation ...

Local Government Super welcomes new chief

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2019
Local Government Super has appointed a new chief executive. Phil Stockwell has been named chief executive of the fund, following an extensive search. Effective November 26, Stockwell will replace Donna Heffernan who has acted in the role since earlier ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
The current climate is pushing the importance of asset allocation to the forefront of building robust portfolios, prompting investment experts to think outside the box of traditional assets. Karren Vergara writes. The importance of making the right ...

AFCA appoints chief operating officer

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
The Australian Financial Complaints Authority (AFCA) has appointed a chief operating officer from the Australian Tax Office. Justin Untersteiner will join AFCA from the start of December. AFCA chief executive and chief ombudsman David Locke said Untersteiner's ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
Macquarie bank's income from wealth management fees fell 14% in the six months to September end compared to the same period last year, while the bank pivots its advice business to focus on high-net-worth clients. Macquarie collected $144 million ...