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Showing 91 - 100 of 454 results for "AST"

State Street fund purges tobacco, weapons

KANIKA SOOD | FRIDAY, 15 MAY 2020

... make the changes from July 1, for both the hedged and unhedged versions of the State Street International Equities Trust. Ast at April end, the trusts had six6 tobacco securities and five5 controversial weapons securities, accounting for 0.88% and 0.69% ...

Investors pile into companies on life support

ALLY SELBY | TUESDAY, 12 MAY 2020

News that the Australian economy may be opening sooner than previously thought saw the S&P/ASX 200 surge on Monday, with investors buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases ...

Industry fund redeploys executives

JAMIE WILLIAMSON | THURSDAY, 23 APR 2020

An industry superannuation fund has shuffled the roles of two of its senior management, elevating one to its executive line-up. Christian Super has moved its chief member officer Nathan Buttigieg into the role of chief - operations and product. As of ...

How PYS changes caused 34% premium hikes

ELIZABETH MCARTHUR | THURSDAY, 2 APR 2020

... 26% across the industry. At the high end of the spectrum, insurance premiums for WA Super members rose by as much as 60% l ast year, following a review by group insurer TAL, in another premium increase put down to the PYS changes.

Count Financial adds tech integrations

ALLY SELBY | THURSDAY, 2 APR 2020

Count Financial has launched a series of back-end tech integrations to improve adviser efficiencies and deliver better experiences for clients. The new integrations have helped save the licensee thousands of man-hours. Countplus chief executive and ...

TAL reviews life distribution team

JAMIE WILLIAMSON | WEDNESDAY, 25 MAR 2020

The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure. A spokesperson for TAL has confirmed to Financial Standard that a recent review of its business units ...

Academics protest UniSuper investments

HARRISON WORLEY | WEDNESDAY, 26 FEB 2020

UniSuper is again facing criticism over its continued investment in fossil fuels, this time directly from its members. Led by advocacy group Market Forces, university academics are today protesting against what they describe as UniSuper's "continued ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG | WEDNESDAY, 29 JAN 2020

It could have been because it happened at the same time that the coronavirus was making the headlines, or because financial markets widely expected it, or a bit of both, but the European Central Bank's (ECB) first Governing Council meeting for 2020 ...

Radio host adviser revealed as alleged fraudster

ELIZABETH MCARTHUR | FRIDAY, 20 DEC 2019

The US Securities and Exchange Commission has charged a radio host and investment adviser with defrauding hundreds of retail clients out of millions. Keith Springer hosted a radio show called Smart Money with Keith Springer, which is how many of his ...

ASIC eyes claims handling

ELIZABETH MCARTHUR | TUESDAY, 19 NOV 2019

Total and permanent disability insurance and the claims handling processes of insurers are well within ASIC's sights. Following the release of an ASIC review into TPD which found significant, industry wide problems with product design and claims handling ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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