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Showing 31 - 40 of 2765 results for "EIG"

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
A former financial adviser who was jailed for stealing more than $1 million from his clients' superannuation to feed a gambling problem is now permanently banned from the industry. In September 2023, Mark Raymond Sebo was found guilty of misappropriating ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
ASIC has had its first court win in relation to cryptocurrency, with fintech Block Earner found to have offered a financial product to retail investors without a licence. However, it was a mixed outcome for the regulator, with another allegation quashed. ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
The SMSF Association is urging the wealth management sector to embrace learning opportunities at this year's National Conference, particularly as major reforms such as the $3 million superannuation tax changes loom. The SMSFA will host its flagship ...

UniSuper appoints chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The $124 billion super fund will welcome a new chief risk officer this month, making the jump from Cbus. Wade Martin will join UniSuper in the role on February 21. He is currently chief risk officer at Cbus, a role he's held since August 2019. Martin ...

GCI welcomes investment director

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Robert Grajczyk will join the private credit funds specialist as investment director of its real estate capital solutions team. Global Credit Investments' (GCI) real estate offering, which launched in October, specialises in delivering credit solutions ...

Perennial Partners names institutional sales director

ELIZABETH FRY  |  TUESDAY, 30 JAN 2024
Perennial Partners has appointed Abdul Elhage as an institutional sales director, hiring from BNP Paribas Asset Management where he had a similar role. Elhage has worked in the financial services industry for more than 20 years. Before joining Perennial ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
The market was caught by surprise when two of Australia's top customer service executives changed jobs. Australian Retirement Trust head of member services Jessica Rix has landed at Aware Super in a similar role. Rix has spent two years at the country's ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
Cromwell Property Group saw the value of its assets dive $192.1 million in the six months to December 2023. The amount represents a 7.5% reduction following an independent valuation. This is across eight out of nine properties. The real estate fund ...

SG Hiscock plucks new investment chief from UniSuper

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
SG Hiscock has appointed a new chief investment officer and head of SGH individual portfolios, who leaves UniSuper after a seven-year stretch. Robert Hogg, who was UniSuper's head of fixed interest and macro research, brings more than 30 years of ...