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Showing 1 - 10 of 84 results for Andrew McKean

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Tesla has been booted from the S&P 500 ESG index due to its low S&P Dow Jones Indices (DJI) ESG score. In an S&P DJI ideology blog, North American head of ESG indices Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...

Record number of adviser graduates: Kaplan

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... confidence as an adviser and further developing client trust and professional recognition." Count Financial chief advice officer Andrew Kennedy added that his licensee was committed to the ongoing professionalism of its adviser network and the finance ...

Foresters appoints chief risk officer

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
Foresters Financial has appointed Greg Hanigan as chief risk officer. Hannigan will be based in Melbourne and report to chief executive Emma Sakellaris. Most recently Hannigan worked in risk compliance at IOOF and NAB as a senior risk partner. Before ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
At first glance, the government's superannuation plan for homebuyers seemed a compelling proposition, but concrete analysis has revealed that at best it's only a marginal measure. The Financial Planning Association of Australia (FPA) has applauded both ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
While Australian investors are overall less trusting of the financial services industry and financial advisers than global peers, a new survey has found levels of trust to be robust. Data from the CFA Institute Enhancing Investors' Trust study revealed ...

Investors seek inflationary refuge in diversification strategies

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
A bfinance quarterly Manager Intelligence and Market Trends report has shown that investors have sought enhanced sources of real return to combat rising inflation. The first quarter of 2022 has created a period of renewed uncertainty as investors grappled ...

GQG Partners expands Australian team

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
GQG Partners has appointed David Jenkins and Muneeza Killen as business development directors to expand the company's footprint in the Queensland, Victorian, South Australian and Tasmanian financial advice markets. Jenkins has over 15 years' experience ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Homeownership rates have plummeted, but unions and industry groups have had a negative response to Scott Morrison's last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's ...

Westpac architects new institutional banking platform

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Westpac has begun work on a new transactional platform for institutional clients, using UK technology provider 10x Banking to provide the core technology. The two companies have signed a letter of understanding that's built on an existing three-year ...
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