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MAX Awards to showcase innovation in financial services sales and marketing

STAFF WRITER  |  FRIDAY, 29 MAY 2015
From Marketer of the Year to Innovation of the Year and best Digital Marketing Campaign, next week's Financial Standard MAX Forum and Awards promises to be an Oscar night celebrating outstanding work in financial services sales and marketing. Highly-acclaimed ...

Franklin Templeton appoints CFS BDM

ALEX BURKE  |  FRIDAY, 29 MAY 2015
... Melbourne office, was most recently a business development manager at Colonial First State. He has also held positions at Next Financial and AXA. "David has a genuine understanding of advisers' needs and has built a solid track record of strong relationships ...

Uncertainty over JPM job cuts in Australia

LAURA MILLAN  |  FRIDAY, 29 MAY 2015
... move toward internet and mobile banking. It also said that the bank will cut at least 2% of its current workforce in the next year, while JPM chief executive James Dimon said that the average branch would lose one employee over the next two years. According ...

Barrett firm acquires Pride Advice

ALEX BURKE  |  THURSDAY, 28 MAY 2015
AZ Next Generation Advisory, owned by former ANZ managing director of advice and distribution Paul Barrett, has acquired Pride Advice. Speaking to Financial Standard, Barrett said Pride, with $180 million in assets under management, was appealing because ...

FoFA among top 20 global regulatory nightmares

LAURA MILLAN  |  THURSDAY, 28 MAY 2015
... snowballing regulations." As many as 70% of the firms are expecting regulators to publish "more" regulatory information in the next year and 28% expect that the increase will be "significantly more." More than a third of the firms surveyed spend at least ...

Members less likely to switch from workplace funds

ALEX DUNNIN  |  THURSDAY, 28 MAY 2015
... but remarkably stable for workplace products. Super fund members indicating they are very likely to switch funds over the next 12 months showed a similar differential, 5.8% for personal products to 3.9% for workplace products. Overlaid with the same ...

Who's scared of Grexit or lift-off?

BENJAMIN ONG  |  THURSDAY, 28 MAY 2015
It's the Fed one day, Grexit the next. It's a deal! Yes Virginia, this morning's headlines were full of it -- stories that a deal had been struck between Athens and Brussels. Never mind the after-reports that European Commission Vice President Valdis ...

Market to open lower

AAP  |  WEDNESDAY, 27 MAY 2015
... reforming its bailout conditions continue to weigh on the euro, with little sign of a deal in sight despite a repayment deadline next week. Hong Kong added 0.92 per cent, or 257.03 points, to 28,249.86 - its highest since December 2007 - and Shanghai ...

Advice firm ditches platform, adopts MDA

STAFF WRITER  |  TUESDAY, 26 MAY 2015
... transactions. MEDIQ Financial Services will transition the majority of its clients to the managedaccounts.com.au solution within the next 12 to 18 months. "Many of our clients have a self-managed super fund and want to invest directly in broad range ...

ANZ enters fast growing ETF market

LAURA MILLAN  |  TUESDAY, 26 MAY 2015
... company called ANZ ETFS Management Limited. It will list the six funds on the Australian Securities Exchange (ASX) within the next two or three weeks. The suite of funds includes the world's first ETF tracking the ASX100, the ANZ ETFS S&P/ASX100 ETF ...