Search ResultsShowing 61 - 70 of 100+ results for Elizabeth McArthur
Zurich chief to depart, successor named
ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
Zurich announced a new chief executive for its life and investments business as Tim Bailey exits for a new role. TAL Life chief operating officer Justin Delaney will join Zurich from December this year. Prior to that, Delaney held a series of senior ...
New distribution head for listed platform
ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
Xplore Wealth announced the appointment of a new head of distribution and marketing. Anne Hamieh steps into the role, which has been empty since Tony Nejasmic departed for Lonsec in June. Hamieh was most recently intermediary sales manager at Vanguard ...
Short-seller knife twist for YouTube fundie
ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
Activist short-seller Muddy Waters is shorting Burford Capital, YouTube fundie Neil Woodford's second largest holding in his embattled fund. Burford Capital is a lawsuit financier; Muddy Waters says it is taking a short position on Burford because ...
FASEA exam results spark debate
ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
Financial advisers have taken to social media to vent about the Financial Adviser Standards and Ethics Authority exam results. While many posted screenshots of the FASEA certificate saying that they passed the exam, some advisers had questions. Financial ...
Westpac fined over reporting failure
ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
APRA has handed Westpac the maximum financial penalty it can for failing to meet reporting obligations. Westpac and its subsidiaries St George Finance Holdings and Capital Finance Australia will pay more than $1.5 million after breaching requirements ...
AMP profits dive, chief pay restructured
ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ...
IPIF names investment lead, launches capital raise
ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
Specialist unlisted infrastructure fund manager Infrastructure Partners Investment Fund (IPIF) has appointed a new chief investment officer and announced a capital raising. IPIF appointed Jonathan van Rooyen to the role of chief investment officer. ...
Adviser stole $200k from SMSFs
ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
The Australian Securities and Investments Commission (ASIC) permanently banned a former financial adviser who stole more than $200,000 from client self-managed superannuation funds. Robert Michael of Bentleigh, Victoria has been permanently banned from ...
Woodford suspension extended again
ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
Woodford Equity Income Fund investors are unlikely to have access to their money in time to do their Christmas shopping. Link Asset Services confirmed last week that the Woodford Equity Income Fund is likely to remain suspended another four months ...
AMP MDA constraints frustrate advisers
ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
The additional conditions imposed on AMP Financial Planning's managed discretionary account (MDA) licence has resulted in so many constraints on financial advisers that the offering is reportedly "unusable". A source told Financial Standard that AMP ...
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