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| | | The proportion of candidates who passed the latest Financial Advisers Exam remains relatively steady at 63%. Of the 195 candidates who sat the May exam, 122 or 63% passed. This is in line with the February exam, which had similar results of 195 candidates ... |
| | | | ... AUM rising 31% since the end of December 2021. China is also now home to the largest SWF, with the China Investment Corporation now at US$1.4 trillion, largely due to its investment in alternatives over the years. It has grown 44% in the last two years ... |
| | | | ... Media Super in April 2022. Arter, who joined the fund in July 2020 from BlackRock and the Victorian Funds Management Corporation, announced his intentions to leave Cbus after the merger with EISS Super. |
| | | | Zurich Financial Services has appointed Matt Paterson as chief claims officer, Australia and New Zealand. Paterson will have enterprise-wide responsibilities for all claims teams and functions across Zurich's Retail Life, Group Life, and General Insurance ... |
| | | | The former head of operations of collapsed stockbroker BBY was sentenced on three charges of dishonestly obtaining a financial advantage. Between June 2013 and May 2015, while BBY's head of operations, Fiona Mae Bilton deceived St George Bank in related ... |
| | | | ... duties as a director by deferring all matters of the business to his wife. He has been disqualified from managing a corporation for 15 years, while her ban is for life. She is also permanently restrained from carrying on a financial services business. ... |
| | | | ... its new APAC Wholesale Airports Fund. The fund, dubbed WAF, also provides exposure to the Australia Pacific Airports Corporation (APAC), the unlisted holding company of Melbourne Airport and Launceston Airport. The initial raise, via Partners Private ... |
| | | | ... of unlisted property. McMillan arrives from the $60 billion quasi-sovereign wealth fund Victorian Funds Management Corporation. McMillan worked at VFMC for more than 12 years, most recently as a senior property portfolio manager. This role involved the ... |
| | | | There are concerns that the proposed experience pathway legislation could create two tiers of financial advisers and confuse consumers about who is and isn't qualified to provide advice. As Treasury mulls over finalising education standards for ... |
| | | | The Australian Financial Complaints Authority (AFCA) has shed light on what it considers systemic shortcomings in the superannuation, investment, and financial advice industries. The AFCA Systemic Issues Insights report identified multiple instances ... |
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