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Showing 841 - 850 of 2974 results for "Phil"

Advice group research head departs

HARRISON WORLEY  |  FRIDAY, 1 MAY 2020
The head of research at a major financial advice group has jumped ship, and is set to head up investments in AMP's superannuation trustee office. Miriam Herold is leaving Centrepoint Alliance, as the advice group's research leadership is re-shuffled ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... of Madison Group in early February from Sargon Capital, as the ASX-listed companies tries to recoup the $31 million that Phil Kingston's fast-growing company owed it before defaulting on its debt. Madison, which includes about 100 advisers, is currently ...

BNY Mellon IM country head departs

KANIKA SOOD  |  MONDAY, 27 APR 2020
BNY Mellon Investment Management's local country head has left after about five years with the company. Phil Filippelis headed distribution and client services for the business in Australia. Denis Gambi, who joined the company three years ago from ...

Former State Super investments chief returns

HARRISON WORLEY  |  MONDAY, 27 APR 2020
A former State Super chief investment officer is returning to the fund as a director. Lisbeth Rasmussen has joined the board of State Super, three years after departing the fund and the role of chief investment officer. Rasmussen left the fund in late ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
The big bank has entered a trading halt as it looks to raise $3.5 billion to sustain the business throughout the COVID-19 downturn which has so far seen the interim dividend more than halved and the NAB leadership team take pay cuts. Releasing its 1H ...

Compliance worse than COVID-19

ALLY SELBY  |  THURSDAY, 23 APR 2020
... losing $550 on the upfront relationship." Association of Financial Advisers general manager of policy and professionalism Phil Anderson said regulatory requirements had increased the cost of advice. "There is a strong view that the cumulative impact ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
They were loathed, yelled at, vilified and even arrested - but the hordes of panic-buyers and toilet paper hoarders that invaded supermarkets, hardware stores, bottle shops, and businesses selling "work from home" wares may have collectively limited ...

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
Reserve Bank governor Philip Lowe said while some super funds may shrink as a result of the governments early release scheme, they are well placed to manage the withdrawals. Lowe said the industry as a whole should be able to cope with the number of ...

Ethical fund manager wears $520m hit

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
The market impact of COVID-19 hit Australian Ethical to the tune of half a billion dollars in the first quarter, but strong inflows have helped limit the damage. The ethical wealth manager closed the first quarter on March 31 with $3.59 billion in funds ...