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Showing 451 - 460 of 2012 results for "WIS"

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
The regulators issued a firm reminder to trustees and financial advisers to heed the new law that limits the charges on superannuation advice. From July 1, trustees and financial advisers must have the proper processes and systems in place to meet the ...

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Three board members of the industry superannuation fund have been replaced after one director faced mounting pressure to step down due to his links to the coal industry. Independent director Peter Collins, employer directors Mark Robertson and Mark ...

QIC chief executive to retire

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 JUN 2021
QIC chief executive Damien Frawley has announced his intention to retire from the Queensland government owned investment management corporation. Frawley has led QIC for almost a decade. Prior to that, he was chief executive at BlackRock Australia and ...

Fitzpatricks bolsters Victorian presence

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 JUN 2021
Fitzpatricks Private Wealth has appointed a Victorian regional manager to expand its presence in the state. Daniel Proietto will step into the position, after most recently working as an independent business consultant, advising investment managers ...

Schroders head of distribution exits

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
Schroders' local head of distribution Graeme Mather has departed, with the business understood to not be seeking a replacement. Mather spent nearly five years at Schroders and finished up last week, Financial Standard' s sister publication Industry ...

Court orders new group definition in CBA advice class action

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
Clients who claimed Commonwealth Bank financial advisers put them in expensive CMLA life insurance policies instead of cheaper alternatives have been asked to work to a new group definition. The group proceedings were filed by Diana Tyrrell and Edward ...

Another departure at AMP Capital

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
AMP Capital's head of sector multi-manager will leave in July, after nearly 25 years with the company. Lydia Serafim is leaving to take an external opportunity, a spokesperson for the company confirmed. "Lydia made a strong contribution to AMP Capital ...

Industry mixed on YFYS

ANNABELLE DICKSON  |  FRIDAY, 18 JUN 2021
Industry bodies have varied responses to the passing of the Your Future, Your Super reforms with some saying it will lead to worse outcomes for members. The Your Future, Your Super reforms were passed in the Senate yesterday with an amendment that will ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
"It's raining men! Hallelujah! It's raining men!" -The Weather Girls Australian 'men' (and women) at work' that is. According to the Australian Bureau of Statistics' (ABS): "Employment increased by 115,000 people in May, following the 31,000 ...

Directors added to FSC board

JAMIE WILLIAMSON  |  THURSDAY, 17 JUN 2021
The Financial Services Council is welcoming two new additions to its board, appointing executives from Macquarie Group and Zurich Australia. Joining the board's nine other directors are Macquarie executive director, head of wealth management Sean West ...