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Showing 1641 - 1650 of 6679 results for "Sale"

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
The hits keep coming for Australia's life insurance industry, with new data showing total risk premiums inflows dropped by more than $790 million in the 12 months to September 2019, as major players endured another tough year. Australia's life insurance ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... 2020. CBA acknowledged the filing of the class action in an ASX announcement. CommInsure was sold to AIA Australia, with the sale finalised in November 2019. "CBA and CFSIL are reviewing the claim and will provide any update as required," CBA said.

Preqin opens Australian office

KANIKA SOOD  |  WEDNESDAY, 22 JAN 2020
The alternatives assets data juggernaut is opening an office in Sydney, as it looks to expand its local client base and build its research coverage. Preqin Pro is a software subscription platform that tracks data (such as fundraising, deals and exits) ...

Zenith bolsters team, hints at expansion

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
A former ARCO Investment Management executive director has been appointed Zenith Investment Partners' first chief operating officer as the firm readies for growth. Jason Huddy will be Zenith's first chief operating officer - overseeing operational ...

DIY SMSF platform launched

ELIZA BAVIN  |  TUESDAY, 21 JAN 2020
A new software application that enables trustees of SMSFs to manage their own fund has been launched. DIY Super Online (DIYSOL) was developed by accountant and SMSF trustee Jeff Bain who said the application was designed to save trustees money on accounting ...

Job boom expected in 2020

JAMIE WILLIAMSON  |  MONDAY, 20 JAN 2020
Close to a third of wealth management organisations are looking to boost staff numbers this year, with sales roles expected to be most in demand. According to new figures from Super Recruiters, 32% of wealth management organisations expect to hire more ...

Spaceship goes on executive hiring spree

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
Spaceship has boosted its executive team through the appointment of three executives, including a former leader of Macquarie and Bennelong Asset Management. In a move designed to shore up its systems and drive growth, Spaceship has made three c-suite ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
"Gong xi fa cai"! China celebrates its lunar new year on January 25 this year, bidding farewell to the "pig" and welcoming the 'Year of the Rat'. Beijing has every reason to be optimistic. Derogatory as it may seem to be called "a rat", this ...

Cbus head of advice launches firm

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
The former head of advice of the $57 billion superannuation fund has launched a new consultancy firm aimed at working with super funds and dealer groups to develop better models of delivering advice. Greg Harper led Cbus's head of advice and retirement ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... administer over time, resulting in poor consumer outcomes and increased operational risk for insurers." The inappropriate sale of life insurance and poor claims handling practices were also highlighted as issues. However, despite the issues APRA noted ...