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Showing 10721 - 10730 of 29084 results for "PRI"

Life insurance data improving: Regulators

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
Latest life insurance claim data from APRA and ASIC found group and adviser distributed cover to experience higher claim submission rates. The second round of pilot phase data also found more than 90% of life insurance claims that go to decision are ...

Boutique asset manager expands investment team

JAMIE WILLIAMSON  |  FRIDAY, 25 MAY 2018
An Australian equities boutique is welcoming a new senior investment manager. Gordon Ramsay has joined Copia Investment Partners' boutique Ralton Asset Management. Ralton's head of Australian equities Andrew Stanley said the fund manager is excited ...

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW. While ASIC failed to prove Westpac traders had manipulated the BBSW, the bank ...

Agriculture investment under parliament microscope

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
The practical barriers to superannuation investment in Australia's agricultural sector are now the subject of a Federal Parliament inquiry. The house standing committee on agriculture and water resources will accept submissions to the inquiry as the ...

AMP appoints group general counsel

DARREN SNYDER  |  FRIDAY, 25 MAY 2018
Following the departure of Brian Salter in April, AMP has promoted internally to appoint its new group general counsel. The role is now filled by David Cullen. He has worked at AMP since 2004, most recently as group company secretary and general counsel ...

Bank distribution head goes green

JAMIE WILLIAMSON  |  FRIDAY, 25 MAY 2018
The former head of distribution at Bendigo and Adelaide Bank has taken a new role at an ethical investment manager. David Brennan has joined UCA Funds Management as director - development, adding more than 12 years' experience in financial services. ...

AustralianSuper recruiting new property lead

JAMIE WILLIAMSON  |  FRIDAY, 25 MAY 2018
The head of property at Australia's largest superannuation fund has departed. AustralianSuper confirmed Jack McGougan has left the fund, following a decade in the role. McGougan joined the $130 billion fund in 2008, having previously been head of property ...

Former Janus exec to lead APAC distribution for US hedge fund

ALEX BURKE  |  THURSDAY, 24 MAY 2018
The former head of Australasia at Janus Capital is taking the Asia Pacific distribution reins at a US$58 billion Los Angeles-based hedge fund manager. John Landau will join Causeway Capital Management and build out its Asia Pacific distribution footprint ...

ANZ dealer group chief departs

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
The chief executive of several ANZ-aligned advice dealer groups is joining Australian Unity. Millennium3 and Financial Services Partners chief executive Matt Brown has been appointed to lead Australian Unity's financial advice division. As executive ...

Aussie funds can benefit from FTA with EU: FSC

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
The Financial Services Council supports negotiations between Australia and the Council of the European Union to flesh out a free trade agreement. The FTA will widen the door for Australian funds to access Europe's sophisticated funds management ...