Lonsec appoints Chair and CEO steps down

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Lonsec has announced that Charlie Haynes has decided to step down as CEO of Lonsec. During the past 3 years Charlie has worked tirelessly to reshape and strengthen the business lines and expand Lonsec Research, SuperRatings and Lonsec Investment Solutions. This period has seen significant uplift in capabilities across all business units and the Board... Read more continue reading

Pension Boost Negative Equity Guarantee Petition has 600 retirees signed up

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Pension Boost has a petition running to bring the government’s reverse mortgage solution known as the Pension Loans Scheme (PLS) into line with regulations that have applied to commercial reverse mortgage providers since 2012 which were introduced to protect vulnerable seniors. “The numbers may be modest, but the sentiment amongst seniors is strong and government... Read more continue reading

Janus Henderson announces a raft of promotions within Australian institutional team

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Janus Henderson Investors (NYSE: JHG, ASX: JHG) has announced a raft of promotions to support the ongoing growth of its institutional business in Australia. Over the past five years, the Australian institutional business has grown to in excess of A$23 billion and is diversified across alternatives, fixed interest and equities. The three new promotions include: Tom Kelly has been... Read more continue reading

Honan announces acquisition of P.I. and construction insurance specialist, BRIC

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Honan Insurance Group (Honan), one of Australia’s fastest growing international brokers, has announced it has acquired Bovill Risk & Insurance Consultants (BRIC), one of the country’s foremost professional indemnity (PI) and construction insurance specialists. The Acquisition will see BRIC join Honan’s family of brands and continue to operate under its own identity but will be... Read more continue reading

Yarra Capital Management announces partnership with Nikko Asset Management’s Australian business

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Independent Australian fund manager Yarra Capital Management (Yarra) and global funds management group Nikko Asset Management Co., Ltd (Nikko AM) have announced that they have entered into a binding agreement through which Yarra will acquire Nikko AM’s Australian business. Under the terms of the agreement, Yarra will assume ownership of Nikko AM’s Australian subsidiary, Nikko... Read more continue reading

DomaCom completes integration with BGL, Australia’s leading Self-Managed Super Fund administration platform

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DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘the Company’) is pleased to announce that the Company’s platform has been integrated with BGL Corporate Solutions Pty Ltd. (‘BGL’) Simple Fund 360, Australia’s leading  self-managed superannuation fund (SMSF) administration solution. BGL has implemented a seamless data interface with DomaCom which will allow 200,000+ SMSF’s to use the DomaCom Fund.... Read more continue reading

The Banking and Finance Oath joins forces with The Ethics Centre

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The purpose-driven organisation The Banking and Finance Oath (The BFO) has announced a merger with The Ethics Centre, signifying a major step forward in expanding and enriching conversations within the banking and finance industries on ethical issues. The BFO has always enjoyed a close association with The Ethics Centre, with its executive director Simon Longstaff... Read more continue reading

Boutique Prime Value appoints new business development manager from MLC

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Boutique fund manager, Prime Value Asset Management, has appointed Philip Morgan as Director Investor Relations and Capital Raising to boost its presence among financial planners and dealer groups. Mr Morgan has experience as a wealth adviser and was previously an Investment Specialist with MLC Asset Management. He said Prime Value Asset Management offers something unique... Read more continue reading

It’s time to stop calling it advice, when it’s not

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The Advisers Association (TAA) says now that the message seems to be filtering through to the broader community that it is illegal for someone to call themselves a ‘financial adviser’ or ‘financial planner’ when they are not, it is time to address financial product information being called ‘advice’ when it is not. “We believe that... Read more continue reading

Ignition Advice expands European team with UK footprint

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Fintech Ignition Advice continue their growth with a move into the UK market establishing new teams in London and Edinburgh. Terry Donohoe, CEO Europe, Ignition Advice says, “We are delighted to bring our class leading digital advice platform to the UK. By bringing advisers and their clients together on the one advice platform, we enable... Read more continue reading