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Showing 11451 - 11460 of 21783 results for "Dec"

Westpac to refund unwanted insurance

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Westpac will refund premiums paid for insurance customers did not need following an ASIC review. Over 10,600 Westpac customers will receive notification from Westpac that they are eligible for refunds, the bank having charged them for loan protection ...

IAG appoints COO from Suncorp

ALEX BURKE  |  THURSDAY, 29 OCT 2015
IAG has appointed a new chief operating officer. Mark Milliner joins the IAG executive team from Suncorp, where he was chief executive personal insurance. He has held numerous other roles at the $17 billion insurance group since 1994, including general ...

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
National Australia Bank (NAB) has agreed to sell 80% of MLC's insurance business for $2.4 billion, but it estimates it will lose over $1.5 billion in the transaction. The bank told investors that the transaction would involve an indicative loss of $1.1 ...

Labor questions APRA independence

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
The independence and role of Australia's financial regulator is under the spotlight after one of its senior officials briefed crossbench senators on proposed superannuation trustee legislation. Australian Prudential Regulation Authority (APRA) member ...

90 West founder steps down

MARK SMITH  |  THURSDAY, 29 OCT 2015
The founder of 90 West Asset Management, Clive Landale, has after more than seven years decided to step down from the business to return to his farming and agricultural interests. Landale founded 90 West in 2008, managing an absolute return fund which ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
"and I swear (I swear) by the moon and the stars..." Whoops, sorry folks, I got carried away with "All 4 One's" tune. What I meant to type is, I swear this has happened once before. You know, the time when Wall Street "rejoiced" at the more likely than ...

Administrator buys Asia-Pacific hedge fund business

DARREN SNYDER  |  WEDNESDAY, 28 OCT 2015
The fund branch of an Australian boutique administrator has acquired the Asia-Pacific hedge fund administration business of Alter Domus. MainstreamBPO announced its US$1 million initial purchase price to the Australian Securities Exchange (ASX) and ...

AFA Adviser, Practice of the Year named

MARK SMITH  |  WEDNESDAY, 28 OCT 2015
David Reed from The Retirement Advice Centre was presented with the 2015 AFA Adviser of the Year Award at the close of another successful national conference in Cairns. At the same time, Kearney Group took home the coveted Practice of the Year Award. ...

The social benefits of advice

ALEX BURKE  |  WEDNESDAY, 28 OCT 2015
The true value of financial advice lies in its social and emotional benefits, according to Effortless Engagement owner Dean Lombardo. Speaking at the Association of Financial Advisers National Adviser Conference in Cairns, Lombardo related how he'd ...

Not this year

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2015
With data like these, there's just no way Josie, er... Janet. If Janet were true to her word that the Fed's policy actions are data dependent, then the latest data servings from USA Inc. have locked in the status quo for at least until 2015 turns into ...