Natixis CIB adds to global markets leadership team
Capital market company Natixis CIB has appointed Thomas Moffat and Oscar Austin as head of global markets sales in Australia and New Zealand, and head of GSCS Syndicate in the Asia Pacific, respectively.
May 04, 2023
Trust the process: The $30k gap between future and current retiree expectations
Current retirees are content with living on an income that matches the ASFA retirement standard, but younger Australians feel they will need a larger annual income to maintain a dignified retirement, according to research conducted by Vanguard. However, expectations moderate over time as people move closer to their post-work life.
May 04, 2023
GBST acquires CRM WealthConnect
Cloud-based wealth management software-as-a-service provider GBST has acquired Salesforce-integrated customer relationship management service WealthConnect.
May 03, 2023
VBP hires paraplanning technical lead
Virtual Business Partners has appointed Chris Miller as technical lead to oversee its paraplanning capabilities.
May 03, 2023
MLC AM appoints institutional director
MLC Asset Management has appointed Dan Greyling as institutional director, responsible for managing all institutional relationships and business development across the APAC region.
May 03, 2023
NZ Super Fund CEO resigns
After fifteen years with the Guardians of New Zealand Superannuation, the manager of the $60b NZ Super Fund, CEO Matt Whineray has advised the board that he has decided to resign and will leave at the end of the year.
May 03, 2023
AMP Advice partners with fintech Frollo
AMP Advice has partnered with fintech Frollo to provide financial advisers, mortgage brokers and their clients with access to Frollo’s Open Banking technology and money management app.
May 03, 2023
Ord Minnett pays $888k fine for share buy-back scheme
Ord Minnett has paid a penalty of $888,000 to comply with an infringement notice given by the Markets Disciplinary Panel, over a share buy-back scheme.
May 03, 2023
HUB24 expands holistic offering with myprosperity acquisition
Aiming to further broaden its service offering HUB24, has acquired tech integration service myprosperity. Offering client/adviser connectivity via portals, the move further solidifies the platform provider’s ambition to create “a single view of wealth”.
May 03, 2023
Fraud victim pleads for financial firms to bolster checks and balances
The daughter of a victim of financial fraud has pleaded with the industry to do more due diligence after an adviser gambled away millions of client money. Despite compliance protocols in place, Sharon Williams has been left perplexed why those checks and balances failed to catch any malfeasance.
May 02, 2023
Are you experienced?
The draft legislation for the experience pathway requires advisers to declare to licensees they are eligible and meet all criteria. According to FAAA head of policy Phil Anderson, this sounds straight forward in theory but may be more complicated in practice.
May 02, 2023
Govt announces super payday changes
Super will be required to be paid on payday under reforms announced by the government which it claims will benefit both employers and employees.
May 02, 2023
