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Showing 5491 - 5500 of 18266 results for "Plan"

MGP looks inward for new leaders

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
Managed Accounts Holdings has turned to internal candidates to fill a raft of positions in its executive and distribution teams. Current head of risk management, legal and compliance Craig Giffin has been promoted to chief risk officer. Giffin first ...

AMP, Griffith University support professionalism

ELIZABETH MCARTHUR  |  FRIDAY, 5 APR 2019
AMP is funding a financial advice research fellowship with the aim of raising professional standards in the advice industry. The new research fellowship and scholarship program is in partnership with Griffith University's Business School. As part of ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
AMP has announced five new appointments to its wealth management leadership team. Dedicated to providing better experiences and outcomes for clients, AMP has built out the executive team charged with overseeing its troubled wealth management business. ...

Financial product design and distribution law passes

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... must determine the target market for financial products on offer and make this known to the public. They must also develop a plan to review target market determinations and specify distribution information. "Distributors are prohibited from distributing ...

Kapstream co-founder announces retirement

KANIKA SOOD  |  THURSDAY, 4 APR 2019
Kapstream co-founder Kumar Palghat has announced his intention to retire from the $14.5 billion fixed income investment house. Palghat was one of PIMCO's first global portfolio managers and later headed the fixed income behemoth's APAC portfolio ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... approach to leadership: "Succession planning is a key aspect of the board's remit and the robustness of our succession plan enabled us to appoint Renato Mota to the role of acting chief executive in December." He went on to say that as acting chief ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
The 2019-20 Federal Budget's subdued approach has received a similar welcome from the wealth industry. The big players are neither up in arms nor full of praise for the Budget, which was headlined by personal tax cuts and a $7.1 billion surplus ...

Managed accounts grow, but education remains low

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
Latest research shows managed accounts usage continues to grow in Australia, despite educational deficiencies. Global asset manager State Street Global Advisors released research in conjunction with Investment Trends that reveals almost double the amount ...