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Showing 10191 - 10200 of 22150 results for "Tim"

Industry fund makes social impact investment

EMMA RAPAPORT  |  WEDNESDAY, 19 JUL 2017
An Australian-first suburban village designed to recreate real life experiences for those living with dementia has been given a $19 million kick-start by an industry superannuation fund. The investment was made through HESTA's $30 million Social Impact ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
APRA has raised the CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry. By 1 January 2020, the big four will need to achieve a CET1 capital ratio of at least 10.5%. APRA ...

New super product for investment savvy

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
A managed accounts provider is entering the realm of superannuation products, providing financial advice clients with an alternative to traditional super vehicles. WealthO2, the fintech behind MA Operator and MDA Operator, has launched a range of software ...

Macquarie leads alternatives pack

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
Global alternative assets under management rose 10% to US$4 trillion in the 12 months to December 2016, with Macquarie Group dominating the local sector. The annual Willis Towers Watson global alternatives survey of 562 investment managers (which included ...

Digital revamp for Citi wealth arm

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2017
Citi Australia's wealth management and advice arm is ramping up its digital offerings in an effort to be a leader in the region. Speaking at a Sydney media roundtable yesterday, Citi Australia head of consumer banking in Asia Pacific, Anand Selva, said ...

VicSuper launches digital advice free from super speak

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
Members of VicSuper now have free access to round-the-clock financial advice via an online coach, providing guidance on superannuation and retirement. Designed to improve member engagement, the Beeline service offers members direction around additional ...

Franklin Templeton searches for new Australia head

ALEX BURKE  |  TUESDAY, 18 JUL 2017
Franklin Templeton is searching for a new head of Australia after the incumbent stepped down from the role after 11 years. A spokesperson said that Maria Wilton, who has been country head since 2006, will remain with the firm. Her exact role has yet ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
It seemed so long ago now that a "bag the Aussie dollar" campaign was what we read in financial media. The Australian dollar was trading at about US$0.75 then, it closed at US$0.7832 on 14 July and is currently trading at US$0.78. It's exactly two months ...

Aurora pushes for Hastings takeover

ALEX BURKE  |  MONDAY, 17 JUL 2017
Aurora Funds Management is extending its takeover bid for all ordinary units in the Hastings High Yield (HHY) Fund. Unitholders will now have until September 29 to consider Aurora's offer. Aurora originally made the bid in November 2016, telling unitholders ...

ANZ Wealth enhances life insurance process

KARREN VERGARA  |  MONDAY, 17 JUL 2017
ANZ Wealth launched a life insurance pre-assessment tool that reduces the application waiting time up to 48 hours. The OneCare Pre-Assessment Wizard aims to assist financial advisers understand the potential underwriting outcomes for certain medical ...