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Showing 9831 - 9840 of 29084 results for "PRI"

Legalsuper renews admin contract

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
Legalsuper reappointed Link Group as its fund administrator, extending the 15-year partnership. Link will service legalsuper's 44,000 members for five years with the potential for a subsequent two-year term. Legalsuper's chief executive Andrew ...

Fund manager expands distribution

DARREN SNYDER  |  TUESDAY, 12 FEB 2019
A $2.5 trillion global fund manager is stepping up its distribution efforts in Australia. Joining Capital Group Australia is Eliza Weaving. She has commenced as director, distribution and will be based in Melbourne. It is a newly-created role and Weaving ...

Former Macquarie advisers have bans reduced

JAMIE WILLIAMSON  |  TUESDAY, 12 FEB 2019
Two former Macquarie financial advisers that were banned for 10 years for falsifying client records have had their penalties substantially reduced by the Administrative Appeals Tribunal. Mark Alexander Landau and Marcus Roderick Campbell were banned ...

Mercer names head of investment consulting

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
Mercer has appointed a head of investment consulting in a newly created role. Michael Armitage will lead investment consulting activities in Australia within the institutional wealth team. Melbourne-based Armitage was most recently director of investment ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
When the Bank of England (BOE) decided to keep monetary policy settings unchanged following its February 7 monetary policy committee meeting, it acknowledged in its statement that: "UK economic growth slowed in late 2018 and appears to have weakened ...

Mainstream board loses former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
A former ASIC senior executive resigned from the board of Mainstream Group. The firm has also released its half-year financial results. Financial services veteran Lucienne Layton will step down from her role as non-executive director on 15 March to ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
The sovereign wealth fund returned 5.8% in the year ending 31 December 2018, beating the median balanced superannuation fund return by a wide margin. The median balanced superannuation fund returned 0.6% in the year to 31 December and even the top quarter ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
Citing Sean Taylor - DWS chief investment officer for Asia Pacific and head of emerging market equities - Financial Standard editor, Darren Snyder, penned a report titled, "Asia, emerging markets to lead in 2019" last week. "Speaking at the Financial ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers could face the same rigid license registration requirements as doctors and lawyers if the Royal Commission's recommendations on compliance and further education in the industry become law. Commissioner Kenneth Hayne is calling ...

Sunsuper merges with corporate super fund

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
IAG & NRMA Superannuation Plan will merge with Sunsuper. IAG & NRMA Superannuation Plan chair David McClatchy told members in a letter that following a review, the trustee concluded the fund could no longer operate as a standalone corporate superannuation ...