Australia

People Moves | 2 Aug 16

Old Mutual International has named a managing director for its Isle of Man operations, while Architas has poached Seneca IM’s head of retail for a new role and added Axa Wealth’s head of investing to its roster. The Hong Kong and Australian regulators also announced senior appointments.

Best Practice | 21 Jul 16

The Australian government has reaffirmed plans to set up an industry body aimed at lifting the professional standards of financial advisers, confirming that all new advisers must have a university degree.

People Moves | 19 Jul 16

Aegon UK’s chief financial officer is to depart, while both the UK and Australian governments have announced further political manoeuvring following the Brexit referendum and Australian national elections.

Asia | 5 Jul 16

An investors group for victims of the LM Investment Management collapse is looking at the feasibility of bringing legal action in England & Wales, as well as other jurisdictions.

Best Practice | 1 Jul 16

A revised professional standards framework for financial advisers and planners in Australia has been welcomed by the Association of Financial Advisers (AFA) and Financial Planning Association (FPA), but further improvements could be made.