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Showing 481 - 490 of 3359 results for "Frank"

FASEA chief unaware of dwindling adviser numbers

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
FASEA chief executive Stephen Glenfield refused to acknowledge the impact increased education requirements has had on financial adviser numbers during a recent Senate Estimates hearing. Appearing before the committee, Glenfield was asked by Liberal ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... position to manage product offerings that strike a balance between the three, instead of blanket regulation. "And to be frank, among our membership and in the broader population, there remains the more significant problem of members spending too little ...

Portfolio manager departs LIC

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
One of Australia's oldest global shares LICs is bidding farewell to its portfolio manager who is leaving the manager after 19 years to pursue other opportunities. Franklin Templeton announced Peter Wilmshurst's departure from the company earlier this ...

Volcker Rule tweak gets green light

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
... Comptroller of the Currency, and the Securities and Exchange Commission. The Volcker Rule is the section 619 of the Dodd-Frank Wall Street Reform Act, 2010 named after former Fed chair Paul Volcker who proposed the restrictions on speculative trading ...

Perpetual appoints general manager, distribution

ELIZABETH MCARTHUR  |  MONDAY, 16 SEP 2019
Perpetual has appointed a new general manager, distribution from Franklin Templeton. Adam Quaife will head up distribution for the company. He has spent the last 17 years at Franklin Templeton in a variety of senior distribution roles prior to joining ...

Best and worst performing global shares funds revealed

KANIKA SOOD  |  FRIDAY, 13 SEP 2019
New Morningstar research has revealed the best and worst performing actively-managed global shares funds to June end. The top 10 performers all delivered more than 20% in the first six months of the year, stripping the benchmark by at least 3%. Zurich ...

Merger costs may impact short-term returns: ASI

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Merging superannuation funds may see a one-off dip in their investment performance as they recoup transition costs, according to a panel at the 2019 Australian Superannuation Investment Conference. Appearing on the panel, Tasplan chair Naomi Edwards ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... management and lending businesses. In May, chair Mark Bouris announced the wealth business restructure will result in job cuts; Frank Ganis stepped down as group chief executive to a part-time role. In 2018, the wealth division's products, cost structure ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
A number of financial advisers who flocked to wealth management institutions for Netwealth as a result of the banking Royal Commission have helped boost the platform's funds under administration by 30% to $23.3 billion. Financial results for the ...