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Showing 1401 - 1410 of 10526 results for "SET"

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... to improving earnings stability, freeing capital, and enhancing growth potential. "In wealth protection, we've completed a set of comprehensive reinsurance agreements, which will release capital from AMP Life and reduce earnings volatility," he said. ...

ASIC cracks down on former adviser, comedian

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... failed to meet the annual CPD requirements of 40 hours. ASIC's investigation is ongoing and the next hearing in the case is set for September 29. The regulator is asking that anyone who had super invested with Valvo or his business and who have concerns ...

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
SuitabilityHub, a new fintech that allows financial advisers to compare platform providers' features and takes the focus off fees, has launched to financial advisers. SuitabilityHub is a one-stop shop that drills down on platform providers' ...

JPMAM launches two active ETFs

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... New Zealand Mark Carlile. The second ETF, the JPMorgan Emerging Markets Research Enhanced Index Equity Active ETF (JREM), is set to launch shortly. Carlile said JREM leverages the firm's underlying Research Enhanced Index (REI) strategy, which seeks ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
AMP has put to bed a class action relating to fee for no service scandals and misleading regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders ...

State Super equities lead exits

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
After five and a half years at State Super, Andrew Huang has departed to set up his own shop in the sustainability space. As reported last week, Jonathan Chung has stepped into Huang's role of senior investment manager - equities. Huang has left ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
The ASX reported a 37.6% plunge in statutory net profit to $317.3 million, largely weighed down by hefty CHESS replacement costs. The securities exchange finished the financial year with an underlying net profit after tax (NPAT) of $491.1 million, marking ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
Despite a decline in aggregate global wealth last year, UBS and Credit Suisse predict an upward trend over the next five years, reaching close to $979 trillion by 2027. The 14th edition of Credit Suisse's Global Wealth Report, now jointly launched with ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... similar models with other parties, which is effectively a co-op type arrangement that delivers scale and synergies. The deal is set to finalise before 30 March 2024.

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel firms ...