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Showing 1281 - 1290 of 6512 results for "Jul"

CBA to detect abusive banking behaviour

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
Commonwealth Bank is implementing artificial intelligence (AI) technology along with machine learning to detect abusive behaviour reflected in transaction descriptions within its banking services. Developed in CBA's AI Labs, the technology will be used ...

Industry fund appoints chief investment officer

JAMIE WILLIAMSON  |  TUESDAY, 5 OCT 2021
A $30 billion superannuation fund will welcome a new chief investment officer next month, nabbing another industry fund's deputy investments lead. Hostplus' Andrew Howard is set to take on the top investments job at Equip and Catholic Super, effective ...

AIOFP petitions to delay DDO, annual renewal

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
The Association of Independently Owned Finance Professionals is calling on lawmakers to delay two major financial advice reforms until 2022 by launching an online petition. The AIOFP is seeking to delay the Design and Distribution Obligations and consent ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
The federal government unveiled the long-awaited Retirement Income Covenant exposure draft legislation and is taking industry feedback until October 15. The document sets out the obligations of superannuation trustees in designing a strategy for retirees ...

Financial Standard launches weekly podcast

STAFF WRITER  |  MONDAY, 27 SEP 2021
Financial Standard is expanding its media offering with a new weekly podcast for financial advisers, investment managers and super fund trustees. In addition to discussing the week's biggest news, the podcast will feature interviews with industry ...

More departures at EISS Super

JAMIE WILLIAMSON  |  MONDAY, 20 SEP 2021
Just a week on from the exit of its chief executive, EISS Super has also now bid farewell to its chair and several directors. Fund chair Warren Mundy has departed the fund, alongside directors Mike Roche, Juliet Dunworth and Thomas Costa. Roche had ...

Charter Hall REIT, Hostplus acquire ALE

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
Charter Hall Long WALE REIT (CLW) and a Charter Hall managed trust on behalf of Hostplus is set to acquire ALE Property Group. The $1.68 billion transaction will see CLW and Hostplus each holding a 50% stake in ALE on completion. The Charter Hall consortium ...

Boutique launches active hybrid ETF

ANNABELLE DICKSON  |  MONDAY, 20 SEP 2021
Daintree Capital has launched Australia's first bank hybrid fund in a single unit structure just months after delisting a cash ETF. The Daintree Hybrid Opportunities Fund invests in a diversified global portfolio of between 25 to 125 hybrid bank securities. ...

Economic recap: Week to September 17

BENJAMIN ONG  |  MONDAY, 20 SEP 2021
Remember those Mao Zedong suits? The sartorial fashion that every man, woman and child in China wore (or were required to wear?) during Chinese chairman Mao's "Cultural Revolution" of 1966-1976? Those "uniforms" that comes in grey, navy blue or ...

ASIC provides licensing update

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
ASIC has released its annual report on the number of Australian financial services licences (AFSLs) and Australian credit licences (ACLs) applied for and approved - revealing an increase in applications. The regulator revealed that between July 2020 ...