The Fair Work Act might now include the right to request flexible working arrangements but the Utopian ideal of working at home has remained out of reach for many people, particularly in financial services. Penny Pryor discovers the real state of affairs.
Frances Magill was Statewide Super's first CEO and retired from the fund in 2009. After a short-lived retirement, she set up Frances Magill Financial Strategists, which is now a family run business with son Brian Magill.
Appointment activity over the past six months reveals the establishment of at least one new firm, forewarns the eventual sale of NAB custody, and highlights the expansion in the alternative investment space. With, on average, less than 50 reported changes a month, Penny Pryor takes a closer look at an industry that could probably be regarded as relatively stable.
In order to create more flexibility in their lives, many people in the industry are becoming successful consultants. Penny Pryor talks to Chris Condon, Angela Ashton and Jon Glass about the difficulties and benefits of going your own way.
Mike Crivelli has had a long and distinguished career in financial services, including a 20 year stint at BT before co-founding Perennial Investment Partners in 1996. Now as the chair of Perennial Value, he looks back on a career that has been defined by disruption.
The industry is understandably obsessed with longevity risk. After all, who isn’t worried about running out of money before you die, particularly if you’re over 50? It turns out that professionals’ personal retirement strategies can provide revealing insights and this week Penny Pryor speaks to two super gurus – Jeremy Cooper and Nick Sherry – to discover what they are doing with their personal funds.
Russell Kennett was the executive vice president of State Street when he left the financial services industry in 2009. In the years since he has built an alpine resort in Japan, joined a venture capital firm and sat on two boards. He has also attained what is elusive to many - a healthy work-life balance.
Working and hiring friends can be fraught with both personal and professional challenges, but it can also bring great rewards if it works. Penny Pryor speaks with three executives - Ben Griffiths & Brian Eley from Eley Griffiths (pictured) and SuperRatings founder and chair, Jeff Bresnahan - about their lessons learnt when crossing the friend/colleague line.
Tim Hughes was the CIO of Catholic Super from 2002-2010 and spent 17 years as an economics columnist with Brisbane's Courier Mail. He now describes himself as an investment professional, company director, writer and conservationist, and thrives on the diverse challenges that these roles bring.
The investment management and superannuation industry has changed markedly over the last decade. Not only has it grown in size, but it has also had to deal with a wealth of new regulation, a rapidly evolving technology space and a tightening of margins.
In 2006 Old Mutual bought Intech, the asset consultancy co-founded by Ron Liling. Liling was a major Intech shareholder but he and Old Mutual parted ways. He tells us what he's doing now and how not being "answerable to anything and everything" yields far better results.
Carly Loder was chief marketing officer at BT Financial Group from 2007 to 2012. Following her 'passion for all things sport', she is now on the board of Surfing Australia and heads up marketing and communications at Fox Sports.
Life as a professional athlete or sports star obviously has a use-by date. And finding employment after a high-profile career in the spotlight can be difficult, as recent press around famous swimmers has highlighted.
Penny Pryor talks to two professionals who have made the switch to the ‘other side’ of the industry, whether that be not-for-profit or retail, and discovers that maybe the differences aren’t that great after all.
Chris Corneil arrived in Australia as a fresh-faced backpacker some 25 years ago. He never left. After a distinguished career in financial services - the last four years of which spent as CEO, Australasia of Russell Investments - his professional life has taken a different turn.
Alan Beasley was managing director and country head of BNP Paribas Investment Partners from 1996 to 2002. In the first of our regular Q&As that ask 'Where are they Now?', he speaks with Penny Pryor about his views on financial services and what he's been up to since.
The SLICE survey is conducted nationally in March, July and November to canvass the opinions of independent financial planners on a broad range of industry and business issues. Conducted by Peter Dawson of The Dawson Partnership and Susan Rochester of Balance at Work, the inaugural survey – SLICE 1 - in November 2013 uncovered some interesting stats, including: