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Showing 9271 - 9280 of 22150 results for "Tim"

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. Speaking to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
The latest Australian employment growth stat misses market expectations. The Australian Bureau of Statistics' (ABS) update shows that while the unemployment rate remained at 5.5% in March - in line with expectations and unchanged from the January and ...

Global manager sells distribution platform

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
An investment management firm with €830.8billion ($1.3 trillion) in assets under management has entered negotiations to sell its fund distribution platform. Natixis Investment Managers have started exclusive negotiations with global fund distribution ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
Federal Treasurer Scott Morrison has great confidence in ASIC's ability to deal with matters raised during the financial services Royal Commission this week. At a doorstop interview in Sydney, Morrison advised that ASIC has been investigating and continues ...

MFS executives create advisory council

KANIKA SOOD  |  THURSDAY, 19 APR 2018
MFS Investment Management has pooled five of its top executives and a retired portfolio manager to form an advisory council that will consult and collaborate with the firm's investment team. The MFS Investment Advisory Council (IAC) will counsel current ...

Abacus confirms new MD

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
Abacus Property has confirmed its new managing director after the passing of incumbent managing director Frank Wolf. Wolf was due to retire in July after his 65th birthday. Abacus announced in January that current chief investment officer Steven Sewell ...

Suncorp names new chair

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
Suncorp will welcome a new chairman in September following the retirement of Ziggy Switkowski from its board. Current board member Christine McLoughlin is moving into the chairmanship on 20 September as Switkowski retires at the annual general meeting. ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
After three days of the financial services Royal Commission tackling financial advice, Financial Standard summarises the top stories and key points you need to know. Australia's top financial institutions are lining up before Commissioner Kenneth Hayne ...

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
It took Commonwealth Bank two years to notify ASIC its financial advisers were failing to meet ongoing service obligations - all during a time when it slashed adviser numbers and doubled its client base. This is according to CBA executive general manager ...

AI comes to SMSF administration

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
An artificial intelligence assistant has been integrated into the SMSF software solution used to administer more than 70% of the 600,000 self-managed super funds in Australia. In a reported first for SMSF administration software, BGL has integrated ...