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Showing 121 - 130 of 346 results for "Echo"

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
Australia's largest financial services institutions all agree - the use of vertically integrated business models in the wealth management arms of banks was not the reason for the industry misconduct exposed in the Royal Commission. In their responses ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...

Life insurers cautious about My Health Record

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
As My Health Record draws criticism and scrutiny, life insurers are cautious as to the merits of the initiative and its potential implications for the industry. The e-health policy has hogged much media attention in the last fortnight as Federal members ...

Queensland industry funds merge

HARRISON WORLEY AND JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
Sunsuper is set to merge with a $2.5 billion industry fund in early 2019. In a joint statement, Sunsuper and AustSafe Super have signed a Successor Fund Transfer Deed. Both established 30 years ago, AustSafe is the super fund for rural and regional ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...

VOFF asks Medcraft to "face the music"

ALEX BURKE  |  WEDNESDAY, 23 MAY 2018
Victims of Financial Fraud (VOFF) are calling on former ASIC chair Greg Medcraft and deputy chair Peter Kell to answer for alleged mishandling of financial services regulation. VOFF wants Medcraft and Kell to be recalled to the Royal Commission so they ...

Tech is all upside for insurance: HSBC

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... could lead to lower customer acquisition costs and better claims experiences in the Chinese market. These claims seem to echo statements of recent years about the uptake of fintech in China. In 2015, KPMG partnered with H2 ventures to release the Fintech ...

Robo-advice on the rise but no replacement

JAMIE WILLIAMSON, KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
Robo-advice presents opportunities for increasing consumer accessibility to financial advice, but Investment Trends data and adviser insight suggests it will never be a panacea. Latest Investment Trends research shows adoption of robo-advice in Australia ...

Hastings rebrands following sale

HARRISON WORLEY  |  WEDNESDAY, 11 APR 2018
An infrastructure asset management firm formerly owned by Westpac has rebranded after its recent sale. Hastings Funds Management will now be known as Vantage Infrastructure, after new owner Northill Capital repositioned the brand to reflect its new ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
"You may have noticed that at yesterday's meeting, the Reserve Bank Board left the cash rate unchanged at 1.5%, where it has been since August 2016." This is what RBA Governor Philip Lowe told his audience at the Australian Financial Review Business ...