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Showing 4291 - 4300 of 8182 results for "Institutional"

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
The FPA has expelled a NAB-aligned member after he was found to have cheated on his CFP exam. A hearing of the association's Conduct Review Commission (CRC) found senior financial planner Shylesh Sriranjan breached the FPA Code of Professional Practice ...

AMP Capital expands US distribution team

ALEX BURKE  |  THURSDAY, 19 JAN 2017
AMP Capital appointed three institutional directors as part of its US expansion. As institutional director - unlisted, Americas, Julia Szlakowski will manage distribution for AMP Capital's infrastructure debt and equity strategies; she joins AMP Capital ...

Decimal secures funding from $72bn consortium

ALEX BURKE  |  WEDNESDAY, 18 JAN 2017
A $72 billion consortium of superannuation fund investors made a major investment in Decimal Software. The ASX-listed digital advice provider announced today that IFM Investors has taken a 6.5% stake in the company following a $2.29 million capital ...

CBA receives top sustainability endorsement

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JAN 2017
The Commonwealth Bank was named Australia's most sustainable business in a list of global companies for the second year in a row. The G100 Sustainability Index also ranked CBA as the sixth most sustainable company in the world, as announced at the World ...

Sydney firm sees AFSL cancelled

EMMA RAPAPORT  |  WEDNESDAY, 18 JAN 2017
ASIC cancelled the Australian Financial Services Licence of Sydney based insurance company Core Insurance for failing to lodge financial statements and auditor reports for two years. Core Insurance, which trades as Ferme, has held its AFSL since October ...

The race is on for offshore investments

ALEX BURKE  |  TUESDAY, 17 JAN 2017
The New Year will be crucial for simplifying regulation around offshore investment vehicles, according to Financial Services Council chief executive Sally Loane. Speaking to Financial Standard, Loane noted that corporate collective investment vehicles ...

Investec snaps up NSW properties

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2017
The Investec Australia Property Fund increased its exposure to New South Wales with the acquisition of three properties. For a combined total of $160 million, the property firm has purchased 2 Richardson Road, North Ryde, and 20 and 24 Rodborough Road ...

Technological advancement puts infrastructure at risk: KPMG

EMMA RAPAPORT  |  TUESDAY, 17 JAN 2017
An industry consultant says the rapid pace of technological change is putting infrastructure assets at risk of being obsolete before the end of anticipated lifecycles. In its Emerging Trends in Infrastructure 2017 report, KPMG says infrastructure planners ...

ASIC imposes $40,000 penalty

EMMA RAPAPORT  |  TUESDAY, 17 JAN 2017
Financial services firm Pershing Securities paid a $40,000 infringement notice issued by ASIC's Markets Disciplinary Panel after a failure of its automated processing system. In a statement released by ASIC, the Markets Disciplinary Panel said they ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
The Commonwealth Bank has responded to reports by Fairfax claiming a CBA bank teller had provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review ...