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Showing 671 - 680 of 1375 results for "Stage 1"

Global Merces launches managed funds regtech

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
Asset manager and funds services provider Global Merces has launched a regtech solution that slashes the managed funds application process to five minutes. FUND.ID, a straight through processing system, on-boards new clients using an electronic signature ...

More than half fail CFA exam

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
Only two-in-five people working in the investment industry passed the first stage of the most recent Chartered Financial Analyst (CFA) examination. Of the 68,086 candidates who took the Level I exam in December last year, 57% failed to progress to the ...

FOS submission points finger at advisers

JAMIE WILLIAMSON  |  MONDAY, 5 MAR 2018
Financial advisers account for more than one-third of all serious misconduct issues identified by the Financial Ombudsman Service since early 2012. In a submission to the Royal Commission, FOS attributed 39% of serious misconduct identified in the last ...

Former wealth group chief joins Macrovue

ALEX BURKE  |  THURSDAY, 22 FEB 2018
AMP-supported fintech Macrovue has appointed a wealth management veteran as its new chief executive. Rod Bristow joins Macrovue in the lead role from Infocus, where he was managing director and chief executive for five years. Before that, he was national ...

IFAs tackling bank-owned competitors head on

KARREN VERGARA  |  FRIDAY, 16 FEB 2018
Research shows independent financial advisers (IFAs) do not feel threatened by their bank-owned counterparts and are willing to take the competition head on. According to GlobalData's 2017 IFA survey, only a handful of IFAs perceive competition from ...

AXA IM names head of Australia for real assets business

ALEX BURKE  |  THURSDAY, 15 FEB 2018
AXA Investment Managers has appointed the head of Australia for its real assets businesses. Kumar Kalyanakumar was one of the founders of Eureka - Real Assets, now owned by AXA IM. He replaces Bob Kelly, who will stay on as a non-executive director ...

ASIC shines spotlight on insurance advice

DARREN SNYDER  |  THURSDAY, 25 JAN 2018
Among the 200 financial planning client files reviewed by ASIC, 10% were considered to have serious concerns over life insurance arrangements. The corporate regulator most concerned about financial advice that led to clients changing life insurance ...

Club Plus creates head of partnerships and growth role

ALEX BURKE  |  MONDAY, 22 JAN 2018
Club Plus Super has appointed the head of its member services team to the newly-created role of head of partnerships and growth. Craig O'Loughlin joined Club Plus in 2008 and has held multiple roles, most recently the above position leading the member ...

ATO toasts the "SMSF class of 2012"

ALEX BURKE  |  FRIDAY, 19 JAN 2018
As part of the release of its annual SMSF statistics, the ATO looked at the performance of the SMSF sector through the lens of funds established five years ago and asked: where are they now? There were 36,160 SMSFs lodged in the 2012 financial year. ...

Industry fund pilots cancer wellness program

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
A $50 billion industry superannuation fund is piloting a program launched by AIA Australia that helps members affected by cancer transition back to health. AIA Australia's RESTORE CaRe Positivum program is currently being trialled by 100 REST Industry ...