Search ResultsShowing 51 - 60 of 100+ results for Karren Vergara
Boutique manager hires investment banking expert
KARREN VERGARA  |  THURSDAY, 1 AUG 2019
The former managing director of RBC Capital Markets has left to join an alternatives asset manager with $4.6 billion of funds under management. Metrics Credit Partners has hired Hamish Mitchell as investment director to lead its loan origination activities ...
ASIC warns trustees on employer inducements
KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing employers ...
Financial services boom rolls on
KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
The financial services industry continues to be the largest contributor to economic growth and pays employees above-average wages, according to a new report. Data compiled by the Financial Services Council in its 2019 State of the Industry report shows ...
Industry super fund discounts investment fees
KARREN VERGARA  |  TUESDAY, 30 JUL 2019
A $2.6 billion superannuation fund will lower its investment fees for some options as of August 1. Profit-for-member fund AvSuper is reducing fees for all investment choice members. AvSuper chief executive Michelle Wade said while the reductions vary ...
UniSuper advice offering surges
KARREN VERGARA  |  TUESDAY, 30 JUL 2019
Demand for UniSuper's specialist advice offering has nearly quadrupled in the last five years, peaking at $13 billion in funds under advice at the end of June 2019. The $80 billion superannuation fund recently opened a member centre in Adelaide ...
Intiger makes global operations head redundant
KARREN VERGARA  |  MONDAY, 29 JUL 2019
Intiger has made its head of global operations redundant as it ramps up cost cutting initiatives . Sharon Wright was appointed to oversee teams in India and the Philippines in May 2015. Her role was made redundant in light of the ASX-listed financial ...
Ban unsolicited life insurance sales: Poll
KARREN VERGARA  |  MONDAY, 29 JUL 2019
An overwhelming number of Financial Standard readers have backed corporate regulator ASIC's move to ban the unsolicited sales of life insurance. Ninety-four percent of participants, who voted in a spot poll conducted last week, said life insurance ...
IOOF rejigs CRO role, appoints successor
KARREN VERGARA  |  FRIDAY, 26 JUL 2019
IOOF has redefined the role of its chief risk officer and appointed a compliance and governance expert to the position. The group also announced the sale of one of its advice practices. Amanda Noble, who has been IOOF's acting chief risk officer ...
Deeming rate calculations should be independent: Poll
KARREN VERGARA  |  THURSDAY, 25 JUL 2019
The majority of Financial Standard 's readership agrees the calculation of deeming rates should be appointed to an external, independent body. After the Federal Government lowered deeming rates from July 1, we wanted to find out if the Minister ...
Government to close super salary sacrifice loophole
KARREN VERGARA  |  THURSDAY, 25 JUL 2019
New legislation will enforce stronger protections against dodgy employers who short change workers' superannuation savings via salary sacrifice contributions. Assistant Treasurer and Housing Minister Michael Sukkar introduced a raft of tax measures ...
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