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Showing 31 - 40 of 2071 results for "Deputy"

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... portfolios rose an average of 3.7%; some 21% of asset owners have recovered their losses from 2022. OMFIF managing editor and deputy chief executive Clive Horwood said many funds had a difficult 2022, but "it should not be forgotten that the mission ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... accompanied by a 5.9% rise in transport expenses and a 5.3% increase in the prices of food and non-alcoholic beverages. AMP deputy chief economist Diana Mousina said the data doesn't provide any new information that would force the Reserve Bank of ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... and issuing letters of apology. OnePath was also ordered to publish a notice on its website regarding the breaches. ASIC deputy chair Sarah Court recently announced that member service failures and misconduct leading to the erosion of superannuation ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
... improve performance or whether they should advise their members to move to better performing products," APRA said. APRA deputy chair Margaret Cole said the regulator is committed to increasing transparency around superannuation performance as a tool ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
The Reserve Bank of Australia (RBA) has selected Bank of England (BoE) executive Andrew Hauser as its new deputy governor and as a member of the Reserve Bank board. Hauser is set to begin his five-year term in January, bringing with him over three decades ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... investigation was initiated and carried out is "suspicious." It came on the back of a "spidey-sense" email exchange between ASIC deputy chair Karen Chester and Bronte Capital founder John Hempton. Mawhinney has previously called on the Senate Economics ...

Frontier restructures, promotes

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
... Advisors has redesigned its research structure and promoted internal talent into a number of new roles including a new deputy research director. Responding to a shift in focus by its institutional investor client base, the asset consultant has modified ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... to 2.1 years of normalised profits. The court met them somewhat in the middle, handing over a fine for $12 million. ASIC deputy chair Sarah Court described the penalty as significant for a financial advice provider. "Mercer failed in its obligation to ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... retention option. It also appointed a head of alliance, advice industry veteran Mark Stubbings. Commenting on the matter, ASIC deputy chair Sarah Court said firms dealing in financial products have a legal obligation to be licensed. "The licencing regime ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... - as chief member solutions officer. The retirement specialist has been involved with the fund for 11 years, serving as deputy chair and head of the audit committee. In the new role, he will lead a team of about 60 staff across product, sales and partnerships ...