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Showing 9901 - 9910 of 29084 results for "PRI"

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
The corporate regulator permanently banned a former NAB financial adviser, while a former Commonwealth Bank and Synchron adviser was handed a five-year ban. Tai Thanh Nguyen of Adelaide was permanently banned by ASIC for dishonest conduct while licensed ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
Industry Super Australia's chief economist said the RBA's next move on the cash rate could be downwards. ISA chief economist Stephen Anthony said it is likely the Reserve Bank of Australia could shave 25 basis points off the 1.5% cash rate in the fourth ...

State Super appoints CIO

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
State Super appointed Gary Gabriel as its new chief investment officer, and promoted Charles Wu to deputy chief investment officer and general manager of defined contribution. Gabriel replaced Richard Hedley, who exited after more than two years in ...

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
Challenger shares dropped by 17% overnight after recently appointed chief executive Richard Howes flagged a profit downgrade. Challenger's share price plunged from $9.23 to about $7.65 on the back of lower-than-expected December 2018 half-year results. ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
"Capital Economics sees the local currency falling to US60c this year and hovering there through 2020; it previously forecast it at US65c for 2019 and US70c for 2020." (Australian Financial Review) That's a whopping 15%-16% drop from A$/US$ exchange ...

Australian Ethical adds operations lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 JAN 2019
The former head of IT at an $11 billion industry super fund is the new chief operating officer at Australian Ethical. Replacing Rob Plow, Kim Heng will be responsible for managing all product and operational activities at the ethical investment and ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
Nearly two weeks after the Productivity Commission unveiled its final report, has its push to overhaul the superannuation system fallen on deaf ears? Two legal experts discuss what could happen next. Following a three-year review that produced 31 recommendations ...

NEOS Life expands to the west coast

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
Retail life insurance provider NEOS Life is expanding in Western Australia with the help of three former AIA Australia staff. Reon Botha will lead the Western Australian sales team as state manager. He joined from AIA Australia where he was a senior ...

Fund manager expands distribution team

KANIKA SOOD  |  WEDNESDAY, 23 JAN 2019
A listed equities boutique fund manager has hired from BlackRock, as it expands adviser distribution ahead of its foray into private equity. Pengana Capital Group (ASX: PCG) appointed Ryan Crewe as a business development manager in a newly-created role. ...

Copia hires from Zenith

KANIKA SOOD  |  WEDNESDAY, 23 JAN 2019
A Melbourne multi-boutique has snapped up Zenith Investment Partners' former marketing and communications manager as it builds its team. Anthony Pesutto has joined Copia Investment Partners as general manager for marketing, in a full-time role. Pesutto ...