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Showing 1111 - 1120 of 3278 results for "RIC"

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
More Australian banks will follow NAB's exit from manufacturing life insurance, according to Rice Warner chief executive Michael Rice. Rice's comments follow Assistant Treasurer Kelly O'Dwyer's issuing of the Government's response to the Life Insurance ...

XTB floaters listed on ASX

LAURA MILLAN  |  THURSDAY, 12 NOV 2015
Australian investors can now access senior floating rate notes (floaters) through ASX-listed exchange traded bonds (XTB) for the first time. The Australian Corporate Bond Company (ACBC) has listed bonds issued by banks AMP, BoQ (two XTBs), NAB (two ...

Catholic Super reappoints NAS as custodian

DARREN SNYDER  |  WEDNESDAY, 11 NOV 2015
Catholic Super has reappointed National Australia Bank's Asset Servicing (NAS) business to provide custody and investment administration services for a further three years. NAS has been providing custody services to Catholic Super since 2005. The reappointment ...

NAB Asset Servicing appoints Citi as global custodian

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
After months of speculation National Australia Bank Asset Servicing (NAS) has announced the appointment of Citi as its global custodian. NAB executive general manager asset servicing, Matt Brown, said the firm's focus on sourcing the "best global capability ...

Exchange traded bond range increases

DARREN SNYDER  |  WEDNESDAY, 4 NOV 2015
Investors can expect more exchange traded bond units to be available on the Australian Securities Exchange (ASX) over the coming weeks after another six XTBs were released to market today. Australian Corporate Bond Company (ACBC) said the release has ...

AFA gives Education, Michael Murphy awards

MARK SMITH  |  TUESDAY, 27 OCT 2015
The Association of Financial Advisers (AFA) has given out the 2015 AFA Excellence in Education Award and the Michael Murphy Award. Charles Badenach of Main Street Financial Services has been awarded the 2015 AFA Excellence in Education Award. The award ...

Klipin inks New Zealand insurance job

LAURA MILLAN  |  MONDAY, 26 OCT 2015
Senior industry executive Richard Klipin will relocate to New Zealand and will become the chief distribution officer of the country's largest life insurer. Klipin's role as chief distribution officer at Sovereign Assurance will be effective on 9 November ...

FEATURE: Reshaping insurance

ALEX BURKE  |  THURSDAY, 22 OCT 2015
In a highly competitive market, group insurers are looking beyond lowering prices to attract large fund clients. In May, APRA issued a letter to Australian life insurers outlining the regulator's concerns about the group risk sector. If group insurers ...

Super funds eye impact investing structures

LAURA MILLAN  |  WEDNESDAY, 21 OCT 2015
Impact investing is nowhere to be seen in institutional investor land, but superannuation funds are starting to look at investment structures to invest in profitable ventures that have a positive impact in society. "Impact investing doesn't exist as ...

XTBs added to Praemium, HUB24 super platforms

ALEX BURKE  |  WEDNESDAY, 21 OCT 2015
Exchange-traded bond (XTB) units have been added to HUB24 and Praemium's superannuation platforms. XTBs provide retail investors access to units of individual corporate bonds issued by the top 50 ASX-listed companies. As of today, they are available ...