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Showing 1511 - 1520 of 2468 results for "Progress"

CBA, Westpac put spotlight on financial exclusion

KERRIE SYDEE  |  MONDAY, 28 NOV 2016
... Westpac can make the greatest contribution to financial inclusion in Australia. It brings together the work already in progress across Westpac Group, as well as setting out the specific priorities that will guide our initiatives over the next twelve ...

Blackstone acquires US$748m portfolio

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
Blackstone has purchased a portfolio of 16 US multifamily apartment assets for US$748 million. Purchased from SPIRE CAPITAL, the sale is part of SPIRE's progressive exit of the underlying US ROC II fund managed by SPIRE's US private equity real estate ...

Professional Standards legislation hits parliament

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
... advice as a profession and providing advisers with greater certainty. AFA chief executive Brad Fox said the Government's progress is good news as, "the future uptake of financial advice will be supported by this important industry reform." Chief executive ...

NAB FP cuts junior advisers

KERRIE SYDEE  |  TUESDAY, 22 NOV 2016
NAB Financial Planning has announced it will be cutting 55 entry level adviser roles as it looks to "deliver better customer outcomes" and "position the business for future growth". NAB Financial Planning (NAB FP) revealed it will "realign its business" ...

Super funds becoming retirement ready

ALEX DUNNIN  |  MONDAY, 14 NOV 2016
... Similarly the Retirement Readiness Index (RRI), launched by Mercer in 2014, aims to benchmark an individual member's progress towards achieving their target retirement income. Mercer senior partner, David Knox, told the ASFA conference that the RRI should ...

Link launches online super advice tool

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2016
... The tool offers a personalised to-do list, goal setting and education, four topics of advice and real time tracking of progress to empower members with personal advice to set a retirement goal. Chief executive of fund administration at Link, Suzanne ...

CommInsure update champions progress

KERRIE SYDEE  |  WEDNESDAY, 9 NOV 2016
In its latest update to the industry CommInsure is assuring good progress has been made on the independent reviews of declined retail advice and group life insurance claims. Citing concerns raised by media coverage in early 2016, the Commonwealth Bank ...

AZ NGA snaps up eighteenth firm

KERRIE SYDEE  |  FRIDAY, 4 NOV 2016
AZ Next Generation Advisory has acquired a Perth based financial planning firm and revealed plans to establish a 'Next-Generation Eco-system.' AZ Next Generation Advisory (AZ NGA) has signed a binding sale and purchase agreement to acquire On-Track ...

New life insurance standards for super

KERRIE SYDEE  |  THURSDAY, 3 NOV 2016
Superannuation trustees and life insurers will be bound by new life insurance standards emerging from an industry leadership group aiming to benchmark best practice. The Superannuation Industry Working Group is a new collaboration between the Australian ...

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... Craig Meller said: "We've seen consistent deterioration in the insurance sector over the course of 2016 and, despite the progress on claims transformation to date, it has significantly impacted the performance of our wealth protection business. "Today's ...