Zurich appoints Chief Information Officer

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Zurich Financial Services Australia (Zurich) has announced the appointment of Deepak Budhiraja as Chief Information Officer for Australia and New Zealand. Mr Budhiraja currently serves as Chief Information & Technology... Read more continue reading

SQM Research rates Australian Ethical Balanced Fund ‘Superior’

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Australian Ethical Investment Limited (Australia Ethical) has announced that its Balanced Fund has received a ‘Superior’ four-star rating by SQM Research, meaning it is suitable for inclusion on most Approved... Read more continue reading

Private advisory firm eyes opportunity in the West

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Giles Wales, a boutique strategic, investment and tax advisory firm, has opened a Perth-based office and appointed Katie McDonald CFP as Director of Advisory. For eleven years, Giles Wade has... Read more continue reading

FPA rejects proposal from consumer groups to ban life insurance commissions

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A number of consumer advocacy groups have called for the Quality of Advice Review to ban all remaining conflicts of interest in the advice industry, including life insurance commissions. However,... Read more continue reading

Westpac acting on women’s safety

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Westpac has given its backing to a new report by the Centre for Women’s Economic Safety and will take action on key recommendations. The detection and prevention of financial abuse... Read more continue reading

Fortnum launches business optimsation service to aligned and external advisers

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Australian Financial Services Licensee, Fortnum Private Wealth (Fortnum) has launched a Business Optimisation Service (BOS) to help advisers materially improve the quality, profitability and capital value of their businesses. The... Read more continue reading

UBS CBRE launches first Global Property Model on Praemium platform

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UBS Asset Management (UBS) has partnered with CBRE Investment Management, Listed Real Assets LLC, part of CBRE Investment Management (CBRE) to launch a Concentrated Global Property Model on the Praemium... Read more continue reading

ClearView bolsters national underwriting capability

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Experienced senior underwriters, Sheldon Hatzantonis and Daniel Yianakis, have joined listed financial services company, ClearView Wealth Limited, as Principal Underwriters. Based in Sydney, Hatzantonis was previously NSW State Underwriting Manager... Read more continue reading

Oil prices slide: Energy sector loses 1.3% last week       

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Latest economic data The US Nymex oil price fell by 10 per cent last week. The S&P/ASX 200 Energy sector fell 1.3 per cent. According to the Australian Institute of... Read more continue reading

Weekly economic and market update – week ending 18 November, 2022

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Investment markets and key developments US shares pulled back a bit after their post US CPI surge, with various Fed officials noting that there is still more to do on... Read more continue reading