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Showing 401 - 410 of 3440 results for "SMI"

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
A $1.5 billion industry superannuation fund has added a dual-account lifecycle strategy to its pension offering. New pension members of REI Super now have a default lifecycle investment option which applies different investment mixes based on age. Existing ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
The Royal Commission found Westpac downplayed the gravity of former financial adviser Andrew Smith's misconduct not only to the regulator but with another licensee he was joining. Smith commenced as a financial adviser with Westpac subsidiary St George ...

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
A super fund with more than $1.5 billion in assets under management has adopted the Insurance in Superannuation Voluntary Code of Practice. REI Super is the latest fund to adopt the voluntary code, with implementation of the code set to begin on 1 July ...

LGIAsuper appoints chief executive

KANIKA SOOD  |  MONDAY, 16 APR 2018
LGIAsuper has ended a five-month search for a chief executive, appointing a former McKinsey & Company implementation leader. Kate Farrar takes on the role at LGIAsuper having been at McKinsey & Company for nearly two years. Before that, she was a managing ...

AIST president and board director switch seats

KANIKA SOOD  |  THURSDAY, 12 APR 2018
Australian Institute of Superannuation Trustees president David Smith is leaving his post after a two-year term and a board director has climbed up to the fill the presidency. Catherine Bolger will be AIST's new president. She has been a board director ...

Link Fund Solutions chief to depart

JAMIE WILLIAMSON  |  TUESDAY, 10 APR 2018
The chief executive of Link Fund Solutions has resigned to take on a new role with a $133 billion fund administrator. Andy Harrison has been appointed as the new chief executive of Mainstream Fund Services, Australia. Taking on the role in October ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
Reserve Bank of Australia (RBA) governor Philip Lowe must be sporting a smile on his lips for just a day after the Board met on the April 3, the Australian Bureau of Statistics (ABS) released its latest report on retail spending and...it was good. The ...

2018 FICAP 'Who Wants to be a Rockstar' raises over $300k

MICHELLE BALTAZAR  |  FRIDAY, 23 MAR 2018
Research analyst by day, Rockstar by night. George Hadja from Montgomery Investment Management took home the coveted 2018 Rockstar of the Year Award at an industry fundraiser organised by the Finance Industry Community Aid Program (FICAP) in Sydney ...

More than half fail CFA exam

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
Only two-in-five people working in the investment industry passed the first stage of the most recent Chartered Financial Analyst (CFA) examination. Of the 68,086 candidates who took the Level I exam in December last year, 57% failed to progress to the ...

AMP head of retail sales departs

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
AMP's head of retail sales is departing following a restructure of the sales team last year. Stephen Craig joined AMP in 2008 as head of retail sales and marketing; he then became acting director, contemporary wealth management, head of goals-based ...