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Showing 721 - 730 of 1978 results for "TAS"

New role for HESTA advice executive

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
HESTA's former executive of advice strategy has taken on a new role at another industry fund. Justin McMinn joined the $6.5 billion LUCRF Super as a manager for business development on October 8. Prior to this, he was a part of HESTA's executive management ...

Platform hires former Netwealth distribution head

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
The former head of distribution for Netwealth has taken on a newly created role with a rival managed accounts and platform provider. Nick Mitchell has been appointed co-head of distribution at Mason Stevens. In the new role, Mitchell will be responsible ...

AFCA delivers $185m in compensation

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
The Australian Financial Complaints Authority has delivered $185 million in compensation to consumers in its first year of operation. AFCA received a 40% uptick in complaints compared to previous complaints schemes. About 77% of complaints lodged have ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
An American manager looking to tap the Australian market has had a change of direction as it sees greater opportunities in superannuation funds' requirement to develop retirement income products. Thornburg Investment Management which was founded ...

Berkshire to chase growth for InvestSMART

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
The ASX-listed financial services business has hired Berkshire Global Advisors to look for growth options as its revenue from grandfathered commissions starts to dry up. Commissions on funds and insurance products accounted for more than 56% of InvestSMART's ...

New open ended fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 OCT 2019
A trans-Tasman asset manager is launching a new fund for Australian investors. Milford Asset Management announced the launch of the Milford Dynamic Fund, saying it will build on the momentum generated by the Milford Australian Absolute Growth Fund. ...

Future Fund chief most influential public investor

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Future Fund chief executive David Neal emerged as the most influential public investor on a global ranking of 100 executives in not-for-profit investing, which also featured nine superannuation fund executives. Public Investor 100, compiled annually ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
An industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. The United Financial Advisers Association (formerly known as the Life ...