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Showing 631 - 640 of 3177 results for "ACTU"

Mercer bolsters alternatives team

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
Mercer has appointed an alternatives investment director for the Pacific region after seeing increased client interest for alternative assets in the region. Marcus De Kock joins from Mercer UK where he was a senior investment strategist in the Institutional ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
ASIC will drop its September 4 Federal Court case against Evans & Dixon's financial advice arm for $8.2 million and declaration of 53 contraventions. Dixon Advisory and Superannuation Services (DASS) will pay $7.2 million in penalty and $1 million ...

Morningstar launches fee comparison tool

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
Morningstar is launching a new tool that provides increased transparency and disclosure on fees across its investments and superannuation products, well above what RG97 requires. The Morningstar Total Cost Ratio (TCR), which will be rolled out on August ...

KPMG promotes two super experts

KARREN VERGARA  |  MONDAY, 28 JUN 2021
KPMG Australia has promoted superannuation and self-managed super fund experts respectively to partners. Cecilia Storniolo, the director of superannuation advisory, actuarial and financial risk, will become a partner on July 1. She joined the consulting ...

Schroders head of distribution exits

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
Schroders' local head of distribution Graeme Mather has departed, with the business understood to not be seeking a replacement. Mather spent nearly five years at Schroders and finished up last week, Financial Standard' s sister publication Industry ...

Industry split on paid vaccine leave

JAMIE WILLIAMSON  |  FRIDAY, 25 JUN 2021
... Australian Council for Trade Unions, with the peak body asking for a nationwide scheme similar to that proposed by the FSU. The ACTU argues that mandated paid vaccination leave would incentivise Australians to get the jab. Away from home, the city of ...

ASIC releases ongoing fee obligations guidance

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
The corporate regulator is providing more guidance to financial advisers to help them prepare for their upcoming ongoing fee obligations, due to take effect in less than two weeks. ASIC's Information Sheet (INFO 256) outlines the burning questions advisers ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
An ASX-listed financial services firm will acquire Sentry Group for $7 million and add 155 authorised representatives to its books. WT Financial Group (WTL) announced today that upon completing the takeover, it will have some 275 financial advisers ...

Advisers win annual renew law relief

KARREN VERGARA  |  FRIDAY, 11 JUN 2021
The federal government will introduce a carve out to help financial advisers to meet their ongoing fee disclosure obligations. Senator Jane Hume announced this evening that advisers will have 60 days to provide clients an estimate of fees they will ...

AIA executive joins MLC Life

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
AIA Australia's former head of deal completion has joined MLC Insurance as head of profitability and performance reporting. Piri Kularajah was at AIA for nearly two years and in his role was responsible for the completion of AIA's purchase of CommInsure ...