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Showing 661 - 670 of 2601 results for "Institutions"

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
The prudential regulator has updated Authorised Deposit-taking Institutions (ADIs) on their requirements to revalue property in the wake of the COVID-19 downturn. APRA said ADIs are currently required to revalue property used as security for residential ...

JBWere appoints advice general manager

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... appointment was made after a global search. "During this time, Andrew worked for leading Australian and international institutions, including Fidelity, Schroder's, Citi Private Bank, Credit Suisse, Templeton Global, UBS and Lippo." On June 5, JBWere ...

Research firm bolsters executive leadership

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... positioned to take advantage of the trends in the advice sector, including by helping advice firms break away from large institutions and their "inherent conflicts". "The Hayne Royal Commission has been a catalyst for change for advisers, investors and ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... until they find something." Yazbeck's paper argued that advisers were made sacrificial lambs by Australia's largest institutions during the Future of Financial Advice (FOFA) reforms, and are still feeling the consequences. "The big end of town, led by ...

Aussie financial firms struggle to manage risk: Study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... place." At the centre of holistic risk management is robust data and analytics, he said. "This means that financial institutions must prioritise risk data management systems, whilst ensuring quality, security and transparency, providing new reports for ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... report also pointed out the next couple of years would see the birth of a new retail wealth environment as the major institutions continue to withdraw their involvement in the sector. The firm's paper also said the tailwinds driving the accelerated mergers ...

Retirement specialist makes board appointment

ALLY SELBY  |  THURSDAY, 4 JUN 2020
... social venture LifeCycle. Previously, Evans has held senior executive roles at some of the country's largest financial institutions, including as head of retirement at AMP, aged care investment director at AMP Capital, and Asia Pacific Healthcare director ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... continuing to support a high level of liquidity in the Australian financial system," Lowe said. "Authorised deposit-taking institutions are making use of the Term Funding Facility, with total drawings to date of around $6 billion. Further use of this ...

Advice group acquires software business

ALLY SELBY  |  TUESDAY, 2 JUN 2020
... and e-learning management solutions to the advice industry. Its clients include Australian banks, mid-tier wealth institutions, financial advisories and dealer groups. Benbow said the COVID-19 crisis had opened advisers' eyes up to the benefits of technology. ...

Banks accused of violating worker ethics

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... said. In some anonymous comments attributed to the eight workers, the report considered the ways in which financial institutions impact workers mental health. "I often cry at work. I've had mild panic attacks. I feel exhausted. I often drink a lot after ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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