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| | | NASDAQ listed Focus Financial Partners has added a Queensland advice firm to its advice multi-boutique network Connectus. Aspiri Financial Services Group will join Connectus, which in December 2020 acquired S ydney's Brady & Associates Group, Melbourne's ... |
| | | | Westpac has settled a class action relating to life insurance sold through its financial advice network. The class action was brought against Westpac Group by Shine Lawyers in 2017. It claimed that between 2011 and 2017, customers who received financial ... |
| | | | AMP Capital's managing director for Asia Pacific who left the firm late last year has joined Ignition Advice as its chief executive for Asia. The digital advice firm has tasked Craig Keary with growth in Asia, including China, Japan, Singapore and South ... |
| | | | BetaShares has launched a new ETF that invests in ASX-listed preference shares issued by the big four Australian banks. The BetaShares Major Bank Hybrids Index ETF (ASX: BHYB) will invest in ASX-listed, AUD denominated preference share issues with a ... |
| | | | The bank has announced a $282 million hit to its statutory profit after an increase in customer refunds, software write-downs and accounting losses, ahead of its interim results. Westpac recorded $220 million in customer refunds, payments, associated ... |
| | | | AustralianSuper has appointed a senior manager of portfolio strategy - mid risk, hiring a long-serving Willis Towers Watson to the post. Jessica Melville has joined the $210 billion super fund, based in Sydney. Melville left WTW after 12 years; her ... |
| | | | AMP has confirmed Boe Pahari will leave the business as it pursues a demerger of its Private Markets business, after plans to sell to Ares Management fell through. AMP will demerge its $50 billion Private Markets business from AMP Limited and list it ... |
| | | | The $9 billion LIC has added a former KPMG executive to its board. Australian Foundation Investment Company has appointed Julie Fahey as a non-executive director effective April 22. Fahey spent 10 years at KPMG as a partner, during which her roles included ... |
| | | | Value fund managers made a highly anticipated comeback in the first quarter of 2021, Mercer's latest analysis of Australian equities performance shows. In the year to March 2021, the Australian Shares Investment Manager Performance Survey revealed ... |
| | | | Global fund manager Nuveen Real Estate has shuffled its local executive lineup, which includes bidding farewell to its division head for Australia. After one year of heading the Australia and Asia Pacific real estate business, managing director Nick ... |
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