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Showing 1551 - 1560 of 8326 results for "Retail"

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... the insurer wanted to take initiative prior to the new product design obligations, which from October 2021, will affect retail income protection providers. IP CORE aligns with APRA's guidance on product features that will drive sustainability by ...

Aussie, Lendi to merge

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... home loan product. "The merger is another important step in the almost 29-year evolution of Aussie as Australia's leading retail mortgage broker," Aussie chief executive James Symond said. "We are currently posting record lending volumes through our ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
... crisis of a decade earlier. And improve, China indicators continue to do. Latest data show the annual growth in Chinese retail spending accelerated to 5.0% in November from 4.3% in the previous month, for its eight straight month of improvement. Industrial ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... Union Standard International Group and its affiliates. The corporate regulator has taken action against the Sydney-based retail over-the-counter derivatives issuer and its former corporate authorised representatives, Maxi EFX Global (EuropeFX) and BrightAU ...

Magellan launches funds on Chi-X

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
... managed portfolio services," he said. Additionally, Cairns said Magellan has had a considerable amount of interest from retail investors and financial advisers around making the sustainable investment strategy available to the retail market. "The sustainable ...

Retail fund ups premiums

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
A retail superannuation fund will increase premiums on income protection policies from 2021. Living Super, ING's super offering, will up income protection premiums by 23% from 8 January 2021. "Our focus is to provide a great value product with competitive ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... Ridgeway added. A review undertaken by the ACCC found that IOOF will still be competing with other players for the supply of retail platforms and will face significant competition from industry super funds. In terms of financial advice, the regulator ...

COVID-19 lockdown swells financial stress

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... applicants. AMP's latest research on financial stress found the two of industries most impacted by COVID-19, hospitality and retail, have the most financially stressed workers at 86% and 64% higher than the national rate respectively. One in three members ...

JANA appoints NFP head

KANIKA SOOD  |  MONDAY, 14 DEC 2020
... segment. Michael Karagianis has been appointed JANA's head of not-for profit, in addition to retaining his role as head of retail partnerships where he is leading JANA's efforts in managed accounts. "Michael is uniquely qualified to head up our growing ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... response to the proposed reform outlining several issues it believes favour the for-profit sector. These include; never making retail funds prove how taking in profit through party payments is in the best financial interest of members and excluding the ...