Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 931 - 940 of 4246 results for "LIC"

ASX chief steps down

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
The chief executive of the ASX has resigned from the post as the company grapples with a long-delayed transformation project. Dominic Stevens is stepping down from the dual roles of managing director and chief executive after nearly six years at the ...

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
The Association of Financial Advisers hopes that the upcoming industry review will listen to the voices of clients and overhaul the advice process. In its submission to the draft terms of reference for the Quality of Advice Review, the AFA is calling ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
RI Advice was slapped with a $6 million penalty for failing to keep tabs on a representative who invested clients' money in risky and complex financial products. The Federal Court found that RI Advice failed to take the appropriate steps to ensure ...

Synchron appoints compliance lead

ELIZABETH MCARTHUR  |  FRIDAY, 4 FEB 2022
Financial advice dealer group Synchron has appointed a general manager, compliance. Phil Osborne took on the position from February 1. He has been working with Synchron as a compliance consultant since July 2021. He reports directly to the Synchron ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
The prudential regulator has outlined its policy and supervision priorities for 2022, saying its prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue ...

SimCorp reappointed by BNP Paribas

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
SimCorp has been reappointed by BNP Paribas Securities Services to provide investment accounting technology solutions to the custodian. The BNP Paribas group has been a SimCorp client since 2013 and uses SimCorp Dimension across its front-to-back investment ...

VGI chief executive resigns amid takeover

KARREN VERGARA  |  MONDAY, 31 JAN 2022
The chief executive of VGI Partners will step down as Regal Funds Management prepares to take over the $2.5 billion asset manager. Jonathan Howie resigned less than a year after he was appointed chief executive. This morning, VGI announced that it entered ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
Australians have forked out $50.9 million on cryptocurrency trading fees as more intend to invest in this asset class. According to Finder, Bitcoin charges a fee of 0.6% based on the purchase price for parcels less than $10,000, while some exchanges ...

Insignia loses self-employed advisers

KARREN VERGARA  |  THURSDAY, 27 JAN 2022
Insignia Financial reported an exodus of self-employed advisers in the December 2021 quarter amid an overhaul of its advice fee model. The company, which recently shed the name IOOF, lost 118 advisers during the period. Most advisers (94) who left were ...

Fin365 to launch hybrid advice platform

JAMIE WILLIAMSON  |  THURSDAY, 27 JAN 2022
Fin365 is planning to launch a robo-advice platform, having acquired miPlan as part of its strategy. miPlan is a privately-owned, self-licensed robo-advice platform for individuals, retirees and small businesses. The acquisition aligns with Fin365's ...