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Showing 1651 - 1660 of 8326 results for "Retail"

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
... publish holdings data; about one quarter of all funds. Of those that do disclose, most are not-for-profit funds, though some retail funds such as Australian Ethical and Future Super are in the mix. However, the extent to which super funds disclose their ...

ANZ fined $10m

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... from its external lawyers, it knew there was a risk it was not contractually entitled to charge same-name fees to non-loan retail and commercial customers (affected customers). ASIC said ANZ did not determine whether it was entitled to charge the same-name ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
... people are feeling mentally unhealthy one of the reasons is because they are feeling financially insecure," MetLife chief retail insurance officer Meray El-Khoury said. "We're potentially already in a recession and we may experience a severe economic ...

Vanguard to cull institutional mandates

KANIKA SOOD  |  FRIDAY, 2 OCT 2020
... giant will wind up mandates with 12 local institutional investors, as it pivots away from the lower-fee business line to retail, adviser and its in-house super offering. Vanguard will discontinue special mandates but still allow them in its pooled funds. ...

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... latest super performance tables show. MySuper products offered by not-for-profit superannuation funds outperformed their retail counterparts in the year to August by 0.6 percentage points. In the month of August however, default retail funds edged out ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... by Chris Powell, who has now retired. The life insurer protects more than 60,000 customers across both their group and retail books. In 2019, Integrity Life won the Australian Good Design Award for its adviser portal.

New chair of CPA Australia

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... 10 years as a partner at BDO. Her industry experience includes financial and professional services, insurance, health, retail, education, contract management and major infrastructure projects." Chin Aik Wong retired from the CPA Australia board at the ...

Real estate manager launches fresh fund

ALLY SELBY  |  TUESDAY, 29 SEP 2020
... demand for the fund. "The acquisition of Riverside Plaza exemplifies our strategy of acquiring well located town centre retail real estate where we identify opportunities to unlock value through repurposing the real estate to deliver strong returns for ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
An Actuaries Institute Taskforce has made sweeping recommendations for broad changes to Australia's retail disability income insurance market, including providing examples of Best Interest Duty in life insurance. The report said ASIC included in ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... which he engaged in a political debate with Labor member Daniel Mulino, Bragg criticised the level of self-interest both retail and industry funds have exhibited over the last 28 years or so under a system that has operated as "one big silo". The Hayne ...