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Showing 1471 - 1480 of 3938 results for "USI"

Aussie fund managers face machine learning challenges

KARREN VERGARA  |  TUESDAY, 25 SEP 2018
Australia's investment management firms lag behind Japan when it comes to using machine learning in investment strategies, a new Bloomberg survey shows. The poll of 450 participants comprising traders, portfolio managers, analysts and market data practitioners ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
Financial Services Council (FSC) chief executive Sally Loane equated removing the carve out of life insurance claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...

WTW launches ESG index strategy

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
Willis Towers Watson has developed a new strategy which integrates ESG factors in the investment process with the help of a major index provider. WTW teamed up with MSCI to establish the Adaptive Capped ESG Universal Index. The strategy offers equity ...

Open APIs old news: Midwinter

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
Fintechs not supporting open APIs won't be around in five years' time, according to a Midwinter executive. Midwinter chief technology officer and executive director Andrew McClelland believes open application programming interfaces (APIs) are now a ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
ASIC's banning of a former Westpac financial adviser has been upheld by the Administrative Appeals Tribunal. Last July, the corporate regulator banned Jason Atkins from providing financial services for three years. Perth-based Atkins provided advice ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
Institutional investors are increasingly turning to exchange-traded funds in times of volatility, using them as a price discovery tool and to trade risk. Speaking at the Financial Standard Best Practice ETF Forum in Sydney yesterday, BlackRock Investment ...

SMSFA questions three-year audits

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
The SMSF Association has cast doubts over the proposed three-year audit cycle for some self-managed super funds, stating the change may "undermine" the integrity of the sector. SMSFA chief executive John Maroney said the shift to three-year audits would ...

ACDC to power new battery ETF

HARRISON WORLEY  |  MONDAY, 3 SEP 2018
A new ETF from ETF Securities will provide investors with exposure to companies directly involved in battery technologies and lithium. The Battery Technology and Lithium ETF is the latest addition to ETF Securities' Future Present range. It tracks the ...