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Showing 11751 - 11760 of 29090 results for "PRI"

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
AMP is ramping up its reinsurance strategy in an effort to release $500 million in capital from its life insurance business and curb volatile earnings in a "challenging industry." AMP chief executive Craig Meller today announced the company signed a ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Alongside its annual results which report a slight dip in net profit, Magellan Financial Group officially highlighted its plan to launch an initial public offering for a new ASX-listed investment vehicle. The Magellan Global Trust will target a 4% cash ...

Former investment bankers behind new platform

JAMIE WILLIAMSON  |  THURSDAY, 10 AUG 2017
Two former senior JPMorgan and UBS investment bankers have joined forces to launch an online investment platform. Targeting investors seeking exposure to a wide range of asset classes in Australia, Rob Nankivell and Travis Miller said iPartners aims ...

Aura appoints new head of distribution

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Having recently boosted its financial planning network through an acquisition, Aura Group is also welcoming a new head of distribution. Chris Faddy joined Aura in May from Vantage Point Asset Management, where he was head of distribution and client ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
Commonwealth Bank confirmed in its annual results presentation that third parties are discussing an acquisition of the bank's life insurance business. Describing CommInsure as a "strong business with scale, expertise, competitive products and access ...

Intiger seeks global scale with leadership change

JAMIE WILLIAMSON  |  WEDNESDAY, 9 AUG 2017
A management reshuffle at financial planning software provider Intiger Group will see its managing director renew focus on the global business' expansion plans. Following the successful launch of its BOOM platform, Intiger has announced that founder ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
If anything, the National Australia Bank's July business survey added credence to the Reserve Bank of Australia's optimistic take on the outlook for economic activity in the country, but not inflation which it expects "to pick up gradually as the economy ...

Managed accounts forum unveils new format, adviser focus

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
The Financial Standard Best Practice Forum on Managed Accounts is introducing an entirely new and innovative format in 2017, placing financial advisers front and centre of the one-day conference. Financial Standard launches a new program format called ...