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Showing 61 - 70 of 76 results for Andrew McKean

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... net proceeds from the sale of mortgages would be distributed to shareholders. In a release today, Iress chief executive Andrew Walsh said: "As part of a board-led strategy review in 2021, it was decided that Iress would explore potential opportunities ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Calastone insights have found that Australians' investment appetite has cooled markedly in the first quarter of 2022. The quarterly fund flow index from Calastone found that after record inflows to managed equity funds in 2021, the value of new cash ...

VFMC,CFA Societies combine to attract more women into investing

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
Victorian Funds Management Corporation (VFMC) and CFA Societies Australia have joined Future IM/Pact - an industry campaign building a pipeline of future female investors. The new partners join as Future IM/Pact expands into the early career segment ...

Salter Brothers appoints new investment director

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
Global fund manager Salter Brothers has appointed Gregg Taylor as investment director, private equity. Taylor will lead the Sydney-based investment team responsible for managing Salter Brothers Emerging Companies Limited. Taylor brings with him 25 years ...

Parliamentary committee hears KPMG assumed 'conflicting engagements knowingly'

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
A public accountability committee that inquired and reported on the Transport Asset Holding Entity (TAHE) has uncovered several damaging findings, including that KPMG engagements were 'rife with conflict'. The TAHE has been the subject of serious accounting ...

COVID-19 financial advice relief to be repealed

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
ASIC will allow the COVID-19 advice-related relief instrument to automatically repeal on 15 April 2022. The COVID-19 instrument commenced on 15 April 2021. This was an extension of a raft of relief measures that were initially introduced in April 2020. ...

Cryptocurrency lender Helio charged for false credit licence claims

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Melbourne-based cryptocurrency lender Helio Lending has been charged with falsely claiming that it held an Australian credit licence (ACL) when it did not. Helio Lending offered cryptocurrency-backed loans to consumers, using the digital currency as ...

T. Rowe Price appoints new chief operating officer

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
Global asset management company T. Rowe Price Group has announced Kimberly Johnson as chief operating officer, effective 29 April 2022. Johnson will serve on the management committee and will report to chief executive and president Rob Sharps. As chief ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
APRA chair Wayne Byres has espoused the importance of getting the Australian regulatory balance right with a clear plan, flexible approach and coordinated response. In a speech to the American Chamber of Commerce in Australia, Byres said that global ...

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...