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Showing 7141 - 7150 of 22140 results for "Tim"

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
The UK's financial conduct regulator has been hit with a fine for failing to comply with requirements to include sufficient information in a chair's statement to members of its staff pension plan. The Financial Conduct Authority (FCA) has been ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
With the death toll surpassing 132 and a further 6000 people suspected of being infected, the outbreak of the Wuhan coronavirus has left markets tumbling as fears of an epidemic are stoked by news of the virus spreading around the world. It's caused ...

GQG Partners hires insto director

ELIZA BAVIN  |  TUESDAY, 28 JAN 2020
Jeremy Crowley will leave his position at Bennelong Funds Management, where he served as an institutional distribution executive to step into his new role. During his time in that role Crowley helped establish a number of boutiques across a wide range ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
It's gone viral! The coronavirus that is, and it is sending shivers in equity markets around the world, from New York to Rio and ol' London town. The financial markets' fear is palpable. The VIX index - the "fear gauge" - jumped to reading ...

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
A financial adviser from the NSW town of Valentine has been permanently banned for making false statements to clients and misappropriating funds. Nicholas Ellis was sentenced to three years in prison in October last year but has only now been permanently ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
Netwealth is looking to take advantage of growing demand among high net-worth and private wealth investors for sophisticated platform offerings, with plans afoot for the launch of a premium product within months. The $28 billion platform is set to launch ...

Aussie IPOs outperform benchmark

ALLY SELBY  |  FRIDAY, 24 JAN 2020
Despite a handful of infamous failed Aussie floats in 2019, the IPO market outperformed the benchmark ASX 200 Index by 16.8%. New research from equity raising platform OnMarket revealed that IPOs returned an average 35.2%, marking the fourth time in ...

Boutique shuts doors

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
A small caps boutique founded by former UBS investors has decided to close after two institutional investors pulled back their money. Avoca Investment Management was set up by J eremy Bendeich and John Campbell in 2011, with the backing of multi-millionaire ...

Beware the retirement trap

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
New analysis from BetaShares superannuation and the age pension can have undesirable outcomes for some retirees, forcing them to ensure they have at least $600,000 squirrelled away ahead of retirement. BetaShares senior investment specialist Roger Cohen's ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
Former Wells Fargo chief executive John Stumpf has been banned from the banking industry and will cough up US$17.5 million for his role in the fake accounts scandal that has continued to rock the world's fourth largest bank since 2016. The Office of ...