Annabelle Dickson
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People: Frontier bulks up its consulting team

ANZ New Zealand chief executive David Hisco has left the company after a review of his personal expenses. He had held the position since 2010 and has been with ANZ for over 30 years. He led the bank’s global commercial…

The future of insurance is insurtech

The insurtech sector has grown by 53 per cent in the last year due to internationally founded insurtechs entering the market, accounting for 30 per cent of the ecosystem. according to the recent research from EY. EY’s recent report, “An…

People: SuperConcepts continues to restructure

SuperConcepts’ chief executive Lara Bourguignon is continuing with her leadership renewal as the company has announced two appointments. SuperConcepts’ national sales manager, Annette Sheppard has been promoted to the role of general manager of growth. She has over 13 years’…

Private equity challenges the public markets

Australian private equity and venture capital reached an all-time high last year as more businesses chose to stay private for longer, according to new research. The Australian Investment Council (AIC) 2019 Yearbook reveals that Australian private capital firms reached $30…

People: Bendigo and Adelaide veteran passes the baton

Jacqueline Hey has been appointed as chair of Bendigo and Adelaide Bank. She has been a member of the board since 2011 and was the chief executive of Ericsson in the UK and Australia. Hey is currently a non-executive director…

Independent planner shortage looms

There are not enough independent financial planners to meet the growing demand for independent advice, according to a new survey. The EY 2019 Global Wealth Research reveals that the use of independent advisers in Australia is expected to rise over…

Too many players in sluggish crowdfunding market

After 18 months of operations Australia’s retail crowdfunding market has had mixed fortunes. A few platforms have had good results, while others have done no business at all. There may be a shakeout looming. Licensed crowd sourced funding (CSF) intermediary…

APRA’s relaxation of lending standards welcomed

The Australian Prudential Regulation Authority’s plan to relax the rules for home lending, with the removal of the serviceability interest rate floor, has been welcomed as a “sensible” move that will increase borrowing capacity. APRA announced yesterday the proposed removal…

People: NSX loses its CEO

Ann Bowering has resigned as chief executive of the National Stock Exchange (NSX) after three years. She has been with the NSX for 10 years and oversaw the restructure of the company. NSX has appointed Matthew Loughnan as interim chief…

People: Insurtech founder hands over the reins

Industry association Insurtech Australia has appointed Rita Yates as chief executive. She was previously head of insurtech and corporate partnerships at fintech innovation hub Stone & Chalk. Yates has over 20 years’ experience in insurance and fintech and start-up ecosystems…