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Showing 5481 - 5490 of 29070 results for "PRI"

Vision Super adds to board

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
Vision Super welcomed a new member of the board whose experience spans the private and public sectors. The industry super fund appointed Vijaya (VJ) Vaidyanath to its board on January 1. Vaidyanath is the former chief executive of the City of Yarra ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

NAB tops bad advice compensation bill

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
The National Australia Bank's bad advice compensation bill has hit more than $1.2 billion - the highest liability among the major financial institutions. While NAB Financial Planning and NAB Private Wealth have remediated most of this amount with ...

Crestone awards back-office, trade execution mandate

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
Crestone Wealth Management selected FinClear to manage its trade execution and settlements functions. In choosing FinClear, Crestone chief executive Michael Chisholm said he was impressed with its capabilities, technology, and commitment to security. ...

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
Financial advisers' appetite for managed accounts solutions boomed in the December 2021 quarter, according to BT Financial Group. BT Panorama's surge in managed accounts funds under management to $10.4 billion, a 68% jump year on year, is testament ...

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ...

Sequoia makes three appointments

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
Sequoia Financial Group announced the appointment of three executives to bolster its national advice network. Barry Strapps has joined as regional manager for South Australia and Western Australia. He joined InterPrac last year and prior to that worked ...

Zerocap unveils new bitcoin fund

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
Cypto asset investment platform Zerocap has launched a new fund, Zerocap Smart Beta Bitcoin, with the aim of effectively managing and reducing Bitcoin's high volatility and price swings. The objective of Smart Beta Bitcoin is to reduce and balance risk ...

Mason Stevens builds on distribution capabilities

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
Mason Stevens has appointed a new sales director for NSW and ACT, hiring from HUB24. Ben Lemmon has joined the platform provider in the role, based in Sydney. In the new role he is responsible for managing client relationships and sourcing new business ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Corporate regulator ASIC is being urged to take more action with respect to the collapse of the Sterling Income Trust. A senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ...