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Showing 5851 - 5860 of 29070 results for "PRI"

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
AMP's wealth management business saw $1.4 billion in outflows last quarter and AMP Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
The Financial Adviser Standards and Ethics Authority said the advice industry is closer to reaching the professional status it is striving to achieve. This is based on new figures FASEA has released to show that advisers are taking educational qualifications ...

Six Park hires operations chief

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
Six Park hired a new operations chief in September who finished up at Westpac after a decade with the bank. Tuula Keto is the robo-adviser's chief operating officer. She most recently worked in the bank's group and change integration unit and ...

Industry funds partner with AMP Capital

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Cbus Property and UniSuper have invested with the AMP Capital Retail Trust, as AMP Capital demerges its private markets business, making a $2.2 billion move in the retail space. The two industry funds have taken majority ownership of Pacific Fair in ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
The corporate regulator handed down a six-year ban from providing financial services to a Melbourne-based financial adviser for failing to provide appropriate advice. Ashok Sherwal advised clients in need of cash to replace their existing insurance ...

Crypto regulation proposed: Bragg

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
A Senate committee is proposing a regulatory framework for digital assets and crypto-asset businesses to protect consumers, promote investment in Australia and deliver competition, but the industry has concerns. The Select Committee on Australia as ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%. The 13.5 million Australians with a MySuper account currently pay less than ...

Octopus Investments bolsters team

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
Octopus Investments, an energy asset manager, has made several appointments after recently surpassing $1 billion in assets under management. On the sales side the firm recently appointed Tim Kok to head of institutional product. Kok was previously an ...

Link names head of insurance

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
Link Group hired a new lead for insurance who recently finished up at TAL Australia. Phil Angelico is now part of Link's retirement and superannuation solutions (RSS) unit, taking on the position of head of insurance in September. He is responsible ...

Scariest themes for investors revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
A new survey from Citi has revealed what fund managers, chief executives and chief financial officers across Australia and New Zealand are most concerned about. Stagflation, China's slowdown and a global energy crunch were top of mind for over 1500 ...