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Showing 1021 - 1030 of 3397 results for "ABS"

Superannuation ripe for blockchain

HARRISON WORLEY  |  MONDAY, 15 OCT 2018
Australia's $2.7 trillion superannuation system has a lot to gain from adopting distributed ledger technologies (DLT), but the industry will want more clarity around blockchain applications before it jumps in. Bravura Solutions global head of wealth ...

NAB combines teams, appoints executive

JAMIE WILLIAMSON  |  THURSDAY, 4 OCT 2018
NAB is merging its customer experience and marketing teams, appointing an executive general manager to steer the integrated function. Suzana Ristevski will step into the role of executive general manager, marketing and customer experience to lead a ...

Insurance shake-up puts clients first

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
Round six of the Royal Commission exposed systemic issues across the life insurance value chain and its fledgling code of practice that's yet been powerless to stop unethical behaviour. But industry experts say all hope is not lost. Counsels assisting ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The Finance Sector Union has welcomed the release of Commissioner Hayne's interim report, labeling it an important first step in reforming the financial services industry. FSU national secretary Julia Angrisano said the union agrees wholeheartedly ...

WDE board pushes for takeover

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Wealth Defender Equities is urging its shareholders to accept WAM Capital's takeover bid. WDE non-executive directors, comprising Paul Clitheroe, Richard Morath and chair Alan Schoenheimer, said they have carefully considered the offer and recommended ...

Part-time work widens super gender gap

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... between 55 to 64 years old will have an average of $196,000, while men retire with a significantly larger amount of $310,000. ABS program manager Dean Bowley said one key influence driving the superannuation balance gap is that a higher proportion of ...

Glut of underperformance in managed funds: Research

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
Nearly eight-in-ten managed funds in Australia failed to hit benchmark returns over a 10-year horizon, according to new analysis by InvestSMART. The researchers modelled Morningstar data for 5297 manager funds that have a track record of 10 years. They ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
A Singapore-based family office is investing $34 million in an absolute return fund run by a fintech that offers a crowdfunding loan platform for small to medium enterprises. CoAssets is headquartered in Singapore and listed on the ASX (CA8) with a ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
Financial Services Council (FSC) chief executive Sally Loane equated removing the carve out of life insurance claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on ...

Zenith introduces shareholder voting advice

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Zenith will start providing formal recommendations to help financial advisers and their clients vote on important shareholder matters. Zenith said the market has reached a tipping point where advisers are increasingly being asked by clients which way ...