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Showing 131 - 140 of 600 results for "MCC"

Jarden continues Australian expansion

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
Kiwi investment bank Jarden is continuing to grow its Australian team, with a new appointment from Goldman Sachs. Catherine McCormack will join Jarden Australia as managing director and head of natural resources and utilities. She was previously managing ...

Level premiums to remain

ANNABELLE DICKSON  |  THURSDAY, 15 OCT 2020
Despite the Australian Prudential Regulation Authority's (APRA) intervention to try and salvage individual disability income insurance, level premiums will continue to exist. Speaking on a panel at the Association of Financial Advisers Conference, MLC ...

Cashwerkz fits out bond service

ANNABELLE DICKSON  |  THURSDAY, 8 OCT 2020
Cashwerkz has implemented an execution management solution for its new bond income business. Cashwerkz's Bond Income has adopted Bloomberg's Trade Order Management System (TOMS) to provide trading efficiency to its wholesale investor and financial adviser ...

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
A Watermark-managed LIC is proposing to convert to an unlisted managed fund, as a group of investors seek to replace Geoff Wilson and John Abernethy on its board. The Australian Leaders Fund (ASX: ALF) will seek court and shareholder approval to convert ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 SEP 2020
MLC Life Insurance is combining its group and retail life insurance divisions to better meet client needs, saying the current level of service is not acceptable. The group has also appointed a new executive team to lead the initiative. The life insurer ...

Amnesty unearths $588m unpaid super

KARREN VERGARA  |  MONDAY, 21 SEP 2020
Over half a billion dollars of unpaid superannuation has been reunited with workers, as employers take advantage of the amnesty period to "wipe the slate clean". About 24,000 employers have admitted to underpaying staff approximately $588 million in ...

Local fundie to manage US funds

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
An ASX-listed fund manager will take over the management of two funds with about $130 million in US-based assets, under a revenue share agreement with a joint venture partner. Auctus Investment Group's asset management subsidiary will become the fund ...

Roar Software bolsters team, partners with Milliman

ALLY SELBY  |  TUESDAY, 25 AUG 2020
Roar Software has added two new executives to its leadership team, as it announces a partnership with global actuarial management consultant Milliman. Darren Pettiona has been appointed chair, while Simon Bishop has nabbed a role as a national sales ...

Superannuation critical to economic recovery

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
The superannuation industry and its investments in unlisted assets will be significant in supporting the growth of the Australian economy, according to the Association of Superannuation Funds of Australia (ASFA). ASFA's new report, The role of the superannuation ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...