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Millions of Australian's suffering from financial stress: AMP

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... stigma around financial stress is also important, as many of those surveyed cited embarrassment and guilt as a major reason for not tackling their financial woes," she said. "We need to make sure talking money isn't seen as taboo and implement financial ...

COBA appoints former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... moving into the consulting space. He is currently principal of cameron.ralph.khoury, a consultant to ASX-listed companies and not-for-profits. COBA said Khoury provides the right experience and insight to ensure the code meets consumer expectations. ...

Young Aussies backing world's biggest brands

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... understand that while the Australian sharemarket offers some great opportunities, many critical, fast-growing sectors are not well represented on the local bourse," Dale said. "These investors are generally pursuing two key thematics - technology, and ...

ASIC cracks down on non-compliant AFSL

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... at Erina on the Central Coast and has been self-licensed since 2003. ASIC's investigation concluded that HNW Planning did not have sufficient processes in place to identify non-compliance by authorised representatives or to ensure they were fulfilling ...

No-deal Brexit sparks mixed reaction: Poll

KARREN VERGARA  |  MONDAY, 21 JAN 2019
... a no-deal Brexit. The majority of job losses (148,000) will hit London the hardest. Consulting and accounting firm EY says not only are numerous financial firms leaving the UK, but they are taking their investments with them. About £800 billion ($1.4 ...

BNP Paribas Securities Services names APAC lead

KARREN VERGARA  |  MONDAY, 21 JAN 2019
... with JCP, we are able to provide access to a compelling capacity-constrained Australian equity strategy that has previously not been available to retail investors," BNP AM Australia chief executive David Grybas commented.

BT launches new managed accounts offerings

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... "CoreSeries offers advisers and their retail clients access to a range of high quality investment managers with several strategies not otherwise available in Australia to retail investors," Greenhalgh said. "We have utilised our institutional portfolio ...

Kelly O'Dwyer to leave parliament

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... O'Dwyer will retire before the next election. In an announcement on Saturday, Member for Higgins Kelly O'Dwyer said she would not recontest the next federal election, citing personal reasons. "After much agonising and with a heavy heart, I am announcing ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
"Not happy, Jan!" For the young ones, the quote refers to Telstra's "yellow pages" advertisement back in the days before the internet, when you, I and Irene scoured through pages and pages (two volumes of it) of listings to buy stuff or get our ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
... time difference and we do have ambition to raise some capital from Asian investors [in the global staregy] but that's not until sometime in the future," Coote said. The global strategy runs as a Cayman Island-domiciled vehicle. However, it doesn't ...