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Showing 1301 - 1310 of 3802 results for "HOME"

Industry fund names new CIO

KARREN VERGARA  |  FRIDAY, 16 AUG 2019
... outcomes for members. "I know LGIAsuper's members well. My father was a member, my brother is a member and Queensland is my home. I am keen to get back to my roots and explain our investment strategy to members," he said.

BlackRock backs lifestyle, marketing firm

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2019
... affiliated with BlackRock's Long Term Private Capital (LTPC) fund made a strategic investment in Authentic Brands Group, home to a portfolio of some of the world's most iconic brands, including Sports Illustrated which it acquired in May this ...

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
The Federal Court has dismissed ASIC's case against Westpac, alleging it breached responsible lending practices for home loans. ASIC alleged that between December 2011 and March 2015, the bank failed to properly assess whether borrowers could meet repayment ...

AMP advisers to fight BOLR changes

JAMIE WILLIAMSON  |  MONDAY, 12 AUG 2019
The AMP Financial Planners Association will contest changes to AMP's Buyer of Last Resort terms flagged last week, saying the group has failed to meet contractual obligations to advisers. Last week, AMP signaled it would look to align BOLR business ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... and professionalism of the advisers, De Ferrari said. According to Rainmaker data, AMP and its aligned dealer groups was home to 2358 financial advisers as at June end. While De Ferrari said it is not about the numbers, the group's investor presentation ...

Gender wealth gap down to 11%: Roy Morgan

KRISTI CHENG  |  THURSDAY, 8 AUG 2019
The average net wealth gap between men and women has almost halved in the last 12 years, according to the latest Roy Morgan Wealth Report. Statistics from the report show the average net wealth for women today sits at 89% that of men - $400,000, to ...

Super fund invests in disability housing

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
A $1.6 billion superannuation fund has pledged $40 million to a specialist disability housing provider via its impact investing subsidiary. The superannuation fund's investment management arm Brightlight has made a cornerstone investment in DPN ...

Sequoia acquires dealer group

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2019
Sequoia Financial Group has acquired a national dealer group, home to 68 authorised representatives. Sequoia acquired Sydney-based Libertas Financial Planning, a national licensee with 68 authorized representatives as at August 1, 60 of which are active ...

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
... are taking action to rebalance the way we pay people so that variable remuneration is a smaller part of our people's take home pay with these reduced bonuses to be determined by the overall performance of the bank," Elliot said. "We remain committed ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... compensate some customers Elliot said some customers had to wait 15 years for refunds when the bank's system calculated home loan products incorrectly; he admitted that this was "shameful" and "wrong." The major banks inquiry provide an opportunity ...