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Showing 461 - 470 of 1518 results for "MOT"

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The Finance Sector Union has welcomed the release of Commissioner Hayne's interim report, labeling it an important first step in reforming the financial services industry. FSU national secretary Julia Angrisano said the union agrees wholeheartedly ...

Advice industry in hot water

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
Dishonesty and greed were the key themes that underscored the Royal Commission's hearing into financial advice, Commissioner Kenneth Hayne has said. Releasing his interim report today, Hayne has said of the misconduct within Australia's major ...

AAT overrides adviser ban

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
The Administrative Appeals Tribunal decided a former OnePath financial adviser who was permanently banned by ASIC did not engage in misleading or dishonest conduct. ASIC announced it permanently banned Robert Hutchison on 11 June 2017 for double charging ...

Labor commits $400m to gender super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
If elected, the Labor Party will work to narrow the retirement savings gap by topping up the superannuation accounts of women on parental leave among several other measures. Labor leader Bill Shorten has announced a plan to add $400 million to the super ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...

Pinnacle expands distribution team

KANIKA SOOD  |  MONDAY, 10 SEP 2018
The $46 billion multi-affiliate investment manager has hired Eaton Vance's Australian lead as it expands its business in Australia and offshore. Duncan Hodnett is joining Pinnacle as a director of institutional distribution in a Sydney-based role. ...

Philanthropists must move beyond the hierarchy

DARREN SNYDER  |  WEDNESDAY, 5 SEP 2018
The president at one of the largest US philanthropic institutions believes there is a misnomer that philanthropists must stick to a strict hierarchy when addressing global problems. Speaking at the Philanthropy Australia National Conference this morning ...

AustralianSuper secures WestConnex stake

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
AustralianSuper's infrastructure investment portfolio now exceeds $13 billion following its joint acquisition of WestConnex in New South Wales. AustralianSuper members are now part owners in a $9.26 billion integrated transport project that will ...

Smart beta on the rise: Van Eck

JAMIE WILLIAMSON  |  THURSDAY, 23 AUG 2018
The use of smart beta has increased in recent years with latest research showing 57% of financial professionals are implementing these strategies in client portfolios. According to Van Eck's annual smart beta survey, 68% of financial professionals are ...

IOOF adds advice GM

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
Following its acquisition of ANZ's aligned dealer groups, IOOF will welcome a new general manager for its combined financial advice business. Currently ANZ general manager, aligned licensees and advice standards, Darren Whereat will transition to the ...