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Showing 8261 - 8270 of 22146 results for "Tim"

Fintech expands team for ongoing growth

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
A wealth management technology and service provider has made a raft of appointments to support significant growth seen in 2018. FinClear said it experienced headcount growth of 120% over the last 12 months and expects the trend to continue, adding four ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
The widely-anticipated market moving event this week - US Federal Reserve Chairman Jerome Powell's semi-annual testimony before the Committee on Banking, Housing, and Urban Affairs of the US Senate - turned out to be a bummer. We've seen this ...

KPMG expands advice remediation team

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
KPMG recently launched a hiring spree to support clients with financial advice remediation efforts. As wealth managers further move to remediate customers for various fees for no service and financial advice misconduct, KPMG is bolstering its managed ...

New reforms to smash major super funds

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
AMP, Hostplus and ANZ OnePath will be hit hardest by the Protecting Your Super package, according to latest Rainmaker insight. More than five million superannuation accounts are set to benefit from the new legislation passed through the Senate last ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Equity Trustees announced it will acquire a superannuation trustee for $6.2 million. Equity Trustees' parent company EQT Holdings has signed an agreement to purchase Zurich Australian Superannuation (ZAS), a subsidiary of Zurich Australia. ZAS has ...

Industry fund welcomes new chair

JAMIE WILLIAMSON  |  TUESDAY, 26 FEB 2019
... billion industry superannuation fund recently appointed a new chair. Joseph Di Leo is the new chair of LUCRF Super. Former chair Tim Kennedy has stepped into the role of deputy chair. Di Leo joined the fund's board of directors in March 2018 as an employer ...

ASX to sell IRESS investment

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
The ASX is offloading its entire stake in financial software company IRESS for $358 million with UBS managing the sale. ASX Limited invested in IRESS's initial public offering in 2000 when both were predominantly focused on servicing the Australian ...

Grandfathered commissions ban splits industry: Poll

KARREN VERGARA  |  MONDAY, 25 FEB 2019
The proposed removal of grandfathered commissions will have opposing effects on revenue, latest poll results show. More than half (53%) surveyed by Financial Standard last week said the removal of grandfathering arrangements will have minimal to no ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

ASIC finalises EU with HSBC

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
ASIC has completed an enforceable undertaking with HSBC Bank Australia and is satisfied the bank met all requirements. HSBC entered the court enforceable undertaking with ASIC on 13 May 2016. The regulator was concerned HSBC provided "potentially deficient ...