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Government passes advice, super reforms
ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... Hume said the changes are an "important step in restoring trust and confidence in the financial system". CHOICE's finance policy adviser Patrick Veyret agreed and welcomed the legislation, saying it should improve consumer outcomes in the financial ...
CFOs gain clout in ESG metrics
KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... responsibility for ESG with their chief financial officers, says a new report from Accenture. Accenture interviewed about 1517 finance leaders including chief financial officers from around the globe for the seventh iteration of its research on their ...
PIMCO names Asia Pacific lead
KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... John Studzinski will continue playing a key role in broadening relationships in Asia Pacific with leaders in business, finance, government and NGOs. Roman commented: "With his deep understanding of the regulatory environment and proven strategic leadership ...
Trilogy appoints head of property, lending
JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
... property market strengthening, we are seeing great support from our investors, allowing us to continue to provide competitive finance for property and construction developers, and, on the other hand, grow our property asset portfolio to provide opportunities ...
Industry fund expands leadership team
KARREN VERGARA  |  MONDAY, 22 FEB 2021
... Management Corporation. Sam Horskins is the new chief financial officer at CareSuper, overlooking the statutory and operational finance function, reporting, commercial and taxation matters, in this newly created role. Horskins was most recently the chief ...
Wealth group makes acquisition
ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... The subsidiary will acquire a 51% stake in the group which includes private wealth management, life insurance broking, finance broking and accounting and tax. The transaction will cost $3 million with a 40% retention payment due in two years and worth ...
BOQ acquires ME Bank
ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... the future with ME Bank on board." The industry fund shareholders of ME Bank are yet to comment on the acquisition. The Finance Sector Union said that ME Bank staff have been anxious about their futures amid reports of an impending sale recently. "ME ...
Goldman Sachs launches robo-adviser
KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... asset allocation, trades, daily monitoring, and periodic rebalancing. The robo-adviser is part of Goldman Sachs' consumer finance offering, Marcus, which launched in 2016 initially providing loans and savings accounts. Marcus was named after the firm's ...
Connectus empowers advisers with Excelerate
JAMIE WILLIAMSON  |  THURSDAY, 18 FEB 2021
... and estate planning, valuation and insurance are also included, along with resources for talent management, compliance, finance, IT, operations and cybersecurity. Local customisation will be available to Australian firms and those in the United Kingdom ...
ASIC to take targeted approach with PIP
ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
... the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk Summit, Hughes said ASIC will only be calling on its new PIP powers to intervene when absolutely necessary. ...
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