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Showing 121 - 130 of 706 results for "Automatic"

Vanguard launches automated investing solution

KARREN VERGARA  |  MONDAY, 15 NOV 2021
Vanguard's Personal Investor platform has launched a feature that automatically invests clients' money into managed funds. Auto Invest regularly debits accounts starting from $200 either fortnightly, monthly, or quarterly, and invests the funds ...

TelstraSuper releases retirement income solution

KARREN VERGARA  |  TUESDAY, 9 NOV 2021
TelstraSuper has launched its version of a retirement income product that has a flexible cash allocation feature. The new Lifestyle investment options aim to generate consistent income and tax efficiencies, grow and preserve capital, and manage retirement-specific ...

BNP Paribas scores new FX mandate

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
BNP Paribas has been appointed by a boutique manager to manage its FX execution in a range of developed market currencies. Northcape Capital tapped BNP Paribas for its portfolio of middle office clients, BNP Paribas has an existing portfolio administration ...

Capstone drops jailed adviser

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... longer an authorised representative of Capstone," Capstone told Financial Standard. While his actions do not lead to automatic disqualifications, corporate regulator ASIC confirmed that it is aware of and considering the issues in relation to Babbage's ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... arise from occupational exclusions in MySuper products. Occupational exclusions in default insurance policies affect the automatic acceptance of default cover for some new MySuper members and may also have significant consequences where a member changes ...

CBA to detect abusive banking behaviour

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
... 31, CBA said it blocked over 100,000 transactions with offensive language in the transaction descriptions through its automatic filter. The new AI model detected 229 unique senders of potentially serious abuse which were then manually reviewed and acted ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
The Better Advice Bill is proposing several changes to the mandatory financial advice exam, including substantially increasing the cost of each sitting. The Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 exposure draft ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
... occupations that an insurer has classified as higher risk. Occupational exclusions in default insurance policies affect the automatic acceptance of default cover for some new MySuper members and may also have significant consequences where a member changes ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer. Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ...