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Showing 12521 - 12530 of 29106 results for "PRI"

AIA revamps income protection suite

ALEX BURKE  |  WEDNESDAY, 4 JAN 2017
AIA made multiple changes to its flagship income protection product series, Priority Protection. If AIA's health and wellness program, AIA Vitality, is attached, new customers will receive an initial 7.5% discount for all income protection and business ...

Innovate to beat innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JAN 2017
As technological change rapidly accelerates, asset managers are being warned to adapt before they get left behind. Global research firm Cerulli Associates says managers cannot ignore the growing trend of robo-advice and emergence of blockchain technology. ...

Guest of honour

ALEX BURKE  |  TUESDAY, 3 JAN 2017
The Commonwealth Bank asked Barry Lambert to stay on as chair of Count Financial for two years following the bank's acquisition - he asked them for two years and two months. Confused, the bank asked him why. He told them, "If I stay on until January ...

Hunter Hall ethical mantle in doubt as CIO resigns

ALEX BURKE  |  TUESDAY, 3 JAN 2017
The majority shareholder in one of Australia's largest coal companies has taken stewardship of Hunter Hall's ethical Global Value fund following the resignation of Hunter Hall's chief investment officer. Washington H. Soul Pattinson and Company (WHSP) ...

MYOB appoints new director

ALEX BURKE  |  TUESDAY, 3 JAN 2017
An independent non-executive director joined MYOB's board on January 1. Fiona Pak-Poy is currently a member of Innovation and Science Australia's Biomedical Translation Fund Committee as well as a director at SIRCA and iSentia. She has previously held ...

Federal Court dismisses ASIC allegations

ALEX BURKE  |  TUESDAY, 3 JAN 2017
The Federal Court dismissed ASIC's allegations in regards to a breach of directorial duties at an investment management company which collapsed in 2013. ASIC originally said that Peter Charles Drake, Francene Maree Mulder and Eghard van der Hoven, directors ...

ANZ selling stake in Chinese bank

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
Continuing its strategy to focus on institutional banking operations in Asia, ANZ has agreed to sell its 20% stake in Shanghai Rural Commercial Bank. ANZ is selling its stake to China COSCO Shipping Corporation and Shanghai Sino-Poland Enterprise Management ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Goldman Sachs will pay a $120 million penalty for attempting to rig global benchmarks for interest rate products. The US Commodity Futures Trading Commission found that, between January 2007 and March 2012, traders in New York - including the head of ...

Top 10 executive appointments in 2016

STAFF WRITER  |  FRIDAY, 23 DEC 2016
1. Wealth division overhauled in latest NAB restructure Three members of NAB's executive leadership team left the company in July following an extensive organisational restructure which saw wealth management and personal banking brought under the same ...

mFund to expand product offering

JAMIE WILLIAMSON  |  THURSDAY, 22 DEC 2016
ASIC is in the final stages of making a greater range of managed investment products available via the mFund Settlement Service. Until now retail investors could only apply for and redeem interests in simple managed investment schemes with a shorter ...