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Pinnacle appoints chief financial officer

ALLY SELBY  |  MONDAY, 6 JUL 2020
Pinnacle Investment Management has appointed a chief financial officer to support its ongoing growth. Dan Longan has nabbed the role, following about five years at the company. During this time, Logan was extensively involved in managing the finance ...

Vale Ian Perkins

ALLY SELBY  |  MONDAY, 6 JUL 2020
... worked with him said he brought fun and joy to everyone," the tribute said. "Ian's success in banking was because he was not a typical banker. He was creative, courageous, innovative, a rule breaker and most happy when he had a white board and would ...

Chief economist update: Victoria's secret

BENJAMIN ONG  |  MONDAY, 6 JUL 2020
... Fist of Fury, it is a sign stating "No dogs or Chinese" that draws the ire of the legendary Bruce Lee. But Australians are not seeing Victorians punching, kicking and screaming when the nation's five states and two territories put up the "No Victorians ...

Land tax, not stamp duty: Report

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
... the nation's reliance on more harmful taxes, while re-directing a portion of revenue to lower income households so they do not bear the burden of reform. This would include scaling back inefficient taxes' including stamp duty on property transactions. ...

Pension fund in divestment hoax

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
... release we claimed that AP7 was to divest ownership in all companies with operations in fossil fuel. Unfortunately, that is not true. We sent the press release that AP7 should have sent." "We understand that we have caused some confusion and we are very ...

QSuper culls comprehensive advice

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
... current service. But about 55 people will lose their jobs. "There will be job losses as a result of this decision, so it's not a decision that we have made lightly," a spokesperson said. As a result of ceasing the comprehensive advice service, 23 paraplanning-related ...

Mirae drops fees on Asian equities funds

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
... investments. "We consider Asia equities to be an important asset class for investors and fundamentally believe investors should not have to pay a high fee to access it." Mirae has been in Australia for about five years and currently manages about $300 ...

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
"It was the best of times, it was the worst of times... it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way..." -- 'A Tale of Two Cities' ...

LEI registrations double

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
... every few years, which will significantly improve the client experience through reduced administration," Donohoe said. "It's not only a cost saving, but we've also simplified the user experience when clients are applying and renewing an LEI, which is ...

Colonial First State cops licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 2 JUL 2020
... matters referred to it by the Royal Commission in February 2019. The Royal Commission formed the view that CFSIL's decisions not to bring the migration of certain cohorts of its FirstChoice members into MySuper products forward from just prior to ...