Industry hits out at Best InterestBY CLAIRE MCGREAL | FRIDAY, 25 NOV 2011 12:10PMThe Financial Services Council has slammed the government's Best Interest Duty proposal as being "unworkable", warning that in its current form, would give rise to "significant unintended consequences". |
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Qualitas scores $550m mandate
Qualitas won the mandate from a new global institutional investor based in North America.
ASIC alerts licensees to experienced pathway deadlines
ASIC has issued a reminder to the Australian Financial Services (AFS) licensees regarding the upcoming notification obligations related to the new experienced provider pathway.
Coller Capital hires former J.P. MAM executive
A former J.P. Morgan Asset Management executive has been appointed the lead of Coller Capital's private wealth distribution unit for Australia and New Zealand.
Partners Group launches private infra fund
Partners Group will launch a new private markets fund for local high-net-worth investors.
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Phil Usher
CHIEF EXECUTIVE OFFICER
FIRST NATIONS FOUNDATION
FIRST NATIONS FOUNDATION
Taking a gamble to steady the ship as chief executive of First Nations Foundation, Phil Usher has turned it into a more secure, self sustaining entity, far better equipped to empower First Nations people to achieve financial prosperity. Andrew McKean writes.