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Showing 1761 - 1770 of 2284 results for Alex Burke

Swiss Re to use artificial intelligence in underwriting

ALEX BURKE  |  TUESDAY, 3 NOV 2015
Swiss Re has announced it will partner with IBM to make use of its Watson artificial intelligence technology. The first Swiss Re business line to use this "cognitive computing" service will be life and health reinsurance, and according to Swiss Re's ...

BGL and CoreLogic release desktop SMSF property tool

ALEX BURKE  |  TUESDAY, 3 NOV 2015
BGL Corporate Solutions and CoreLogic RP Data have released a new self-managed super fund commercial property tool. The Commercial Property Desktop Assessment was designed for SMSF administrators to process property assessments through BGL's Simple ...

Sunsuper renews AIA mandate

ALEX BURKE  |  TUESDAY, 3 NOV 2015
Sunsuper has announced it will extend its partnership with AIA Australia to 2020. As a result, AIA will continue to provide death, total permanent disablement and income protection insurance to Sunsuper members beyond the original July 2016 deadline. ...

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
MLC will introduce an insurance rollover offer to external superannuation funds. The rollover provides multiple benefits to super funds, including a 15% upfront tax credit, 7% annual premium discount, enduring authority, automated annual premium payments ...

Westpac profit boosted by BTIM sale

ALEX BURKE  |  MONDAY, 2 NOV 2015
Westpac increased net profit by 6% to $8 billion over FY2015, driven largely by its partial sale of BT Investment Management. In its full-year results, the bank reported "a number of significant infrequent items that in aggregate increased net profit" ...

ASIC revenue and investigations decrease in 2015

ALEX BURKE  |  MONDAY, 2 NOV 2015
ASIC reduced its total operating expenses by 10% to $312 million in 2014-15. According to the regulator's annual report, this is due to a proportional decrease in government revenue as well as "a general reduction in staff and supplier expenditure." ...

Tim Steele departs AMP

ALEX BURKE  |  FRIDAY, 30 OCT 2015
After announcing his departure in May, Genesys and ipac managing director Tim Steele has left the AMP-aligned practices today. Based on the May announcement, Steele was expected to leave his role in June, but stayed on until late October. He is now ...

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
ASIC has published changes to its market integrity rules for exchange-traded funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted ...

Embrace change to stay relevant

ALEX BURKE  |  FRIDAY, 30 OCT 2015
No advice business is too big to fail if it doesn't adapt to changes in consumer behaviour, according to author and social researcher Michael McQueen. Speaking at the Association of Financial Advisers National Adviser Conference in Cairns this week ...

Westpac to refund unwanted insurance

ALEX BURKE  |  THURSDAY, 29 OCT 2015
Westpac will refund premiums paid for insurance customers did not need following an ASIC review. Over 10,600 Westpac customers will receive notification from Westpac that they are eligible for refunds, the bank having charged them for loan protection ...