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Showing 4451 - 4460 of 29064 results for "PRI"

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
ASIC has clarified that the Centrelink Home Equity Access Scheme isn't a credit product, allowing advisers to include it in retirement plans. Responding to an inquiry by Capital Advisory financial planner Michael Miller, ASIC said the operation of the ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
GQG Partners has reported strong net inflows in 2022; the asset manager expects to be a top-ranking active equity manager in Australia. GQG experienced net inflows of US$0.9 billion for the quarter and net inflows of US$8 billion for the full year ended ...

BlackRock appoints APAC head of wealth

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
BlackRock has named veteran James Raby as its APAC head of wealth, based in Hong Kong. He will report into BlackRock chair and head of APAC Rachel Lord and replaces Guilherme Lima. With more than 15 years of experience at the firm, Raby has held various ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
There may well be a light at the end of the individual disability income insurance (IDII) tunnel, but there's still a way to travel before the end is reached, according to APRA. Analysis of data to September 2022 shows IDII enjoyed a run of favourable ...

HESTA adds US$200m to Stafford Capital private equity fund

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
HESTA is committing a further US$200 million to the HESTA Sustainable Capital Investment Trust, a private equity program managed with Stafford Capital Partners. HESTA's additional US$200 million investment increases the total size of the program to ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
Deficiencies in its target market determination has seen interim stop orders placed on the Pivotal Diversified Fund offered by Vasco. Vasco Responsible Entity Services is prohibited from issuing interests in, providing a product disclosure statement ...

First Sentier hires chief risk officer

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
First Sentier Investors (FSI) has appointed Jane Daniel as its new chief risk officer, based in London. She will report directly to FSI chief executive Mark Steinberg and join the executive leadership team. Daniel commenced the role last week after ...

AMP, Dexus deal delayed

CASSANDRA BALDINI  |  MONDAY, 9 JAN 2023
Dexus could see millions shaved off its purchase of Collimate Capital due to an outstanding matter delaying AMP from sale. Dexus announced the condition precedent for the transaction's completion relates to the transfer of AMP's ownership interest ...

Former fund manager employee permanently banned

CHLOE WALKER  |  MONDAY, 9 JAN 2023
Former Eight Investment Partners fund manager Andrew Jung-Woo Kim has been permanently banned by ASIC after being found to engage in dishonest conduct. Kim worked for Eight Investment Partners (Eight IP) on various dates between August 2018 to August ...

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
The Administrative Appeals Tribunal (AAT) reduced the period and scope of the ban imposed on former financial adviser Ashok Sherwal. Sherwal, who was an authorised representative of six different licensees over the past seven years, was originally banned ...