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National Achievement Awards to recognise top executives

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
Nominations for the 2015 National Achievement Awards A close on November 6 and hype is already building around who will collect this year's top prizes. The National Achievement Awards are a joint initiative by La Trobe Financial and Financial Standard ...

CFAs told ASIC is for the consumer

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said the regulator has a significant number of individual surveillances underway at the big four banks, Macquarie and AMP. Speaking at the Chartered Financial Analyst (CFA) ...

Martin Currie hires from AB, Perennial

DARREN SNYDER  |  TUESDAY, 13 OCT 2015
Active equity manager Martin Currie has made two key hires in its Australian sales, marketing and client services team. Joining Martin Currie as marketing manager is Carly Bode, who will focus on the development and implementation of the marketing strategy. ...

Inflation expectations says no

BENJAMIN ONG  |  TUESDAY, 13 OCT 2015
Another day, another Fed speaks Fed speak. Federal Reserve Vice Chairman Stanley Fischer reportedly "told a group on the sidelines of the International Monetary Fund meeting in Peru" that the Fed will raise interest rates this year. But (of course there's ...

Australian custody market grows to $2.8 trillion

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
The Australian custodial market is nearing $2.8 trillion and grew by more than 7% in the first half of 2015 according to the latest industry data. The Australian Custodial Services Association (ACSA) said as at 30 June 2015, about $1.93 trillion in ...

BOQ appoints former Wallaby as specialist chief

ALEX BURKE  |  FRIDAY, 9 OCT 2015
BOQ has appointed the chief executive of its specialist business. Dr Brett Robinson joins the bank from Icon Cancer Care, where he was managing director and chief executive. He has also held roles at Mondial Assistance and IAG and played for the Wallabies ...

QIC consortium buys $1.78bn gas facility

STAFF WRITER  |  THURSDAY, 8 OCT 2015
... Infrastructure Fund (QGIF) and QIC clients, will acquire Iona for a purchase price of $1.78 billion. The deal is expected to close in the December-quarter of this year. Iona was the first underground natural gas storage facility in Australia. It has ...

Aussies in top five for cashless transactions

DARREN SNYDER  |  WEDNESDAY, 7 OCT 2015
Australians have recorded the fourth highest number of cashless transactions per capita worldwide according to the latest report from Capgemini. The consulting and outsourcing firm's annual World Payments Report suggests cashless payments are forecasted ...

Lonsec launches investment solutions division

MARK SMITH  |  TUESDAY, 6 OCT 2015
... investment consulting. Klaus has been a senior member of Lonsec's Investment Consulting team for over four years and has close to 20 years' research and investment consulting experience. Lonsec has also strengthened its internal investment committees ...

Seniors weigh in on national tax discussion

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
National Seniors chief executive Michael O'Neill believes that under new Prime Minister Malcolm Turnbull the debate over older Australians should shift from cost to contribution. Alongside 11 representatives from organisations across Australia, O'Neill ...