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Showing 4491 - 4500 of 22133 results for "Tim"

AFA chief steps down after six months

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 JAN 2022
After six months in the top job, Helen Morgan-Banda has departed the Association of Financial Advisers (AFA). Morgan-Banda plans to return to her home country of New Zealand, explaining that she wishes to be closer to family amid ongoing uncertainty ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
The demand for client books with a Baby Boomer demographic is increasing among those looking to acquire a financial advice practice. The December Radar Results reveal that near-retirees or retirees are highly sought after by financial advisers. Valuations ...

Morningstar to buy Praemium for $65m

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
Praemium has agreed to sell its international business to Morningstar for £35 million (A$65.1 million). The international business includes Praemium's operations in the United Kingdom, Jersey, Hong Kong, and Dubai. The sale of its business will allow ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
Financial advisers who failed the mandatory examination multiple times are slamming FASEA's feedback process, claiming it is inconsistent and fails to help them stay in the industry. As the failure rate continues to balloon, advisers making genuine ...

New trading platform to enter Australia

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
Moomoo has announced it will launch in Australia, its third market after the US and Singapore. The company will position itself locally as a premium online trading platform. It has been granted an Australian Financial Services Licence by ASIC. Moomoo ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
A UK pension scheme and UBS Asset Management have called time on investments in five energy companies that are not working towards a low carbon economy. Nest and UBS AM have sold shares in Exxon Mobil, Imperial Oil, Kepco, Marathon Oil and Power Assets ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
ISPT has acquired a stake in a subsidiary run by ASX-listed E&P Financial Group, paying $12 million for its share. ISPT is to become part owner of E&P's Fort Street Real Estate Capital (FSREC), a real estate investor and asset manager which also ...

BNP Paribas Securities Services chief executive to depart

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
The chief executive of BNP Paribas Securities Services David Braga will depart the firm at the end of 2021. A spokesperson for BNP Paribas confirmed Braga's exit. "David Braga will be finishing his time as BNP Paribas Securities Services Australia ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
The annual MySuper heatmap shows 45% of products delivered returns below benchmark this year but there are few surprises, with most being the same products that failed the performance test. The regulator has also shared which funds came close to failing ...