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Showing 1821 - 1830 of 3939 results for "USI"

AMP Capital awards historic $17bn passive mandate

ALEX BURKE  |  WEDNESDAY, 19 APR 2017
AMP Capital has awarded a passive suite of mandates collectively representing $17 billion, the largest mandate awarded by a fund manager since the $10.8 billion awarded to RARE Infrastructure by Pacific Current Group in 2006. UBS explained to Financial ...

Perennial loses Century LIC mandate

ALEX BURKE  |  WEDNESDAY, 19 APR 2017
Listed investment company Century Australia Investments ended its seven-year arrangement with Perennial Value Management, appointing a new investment manager as part of a major restructure. In Perennial's stead, Wilson Asset Management will now be Century's ...

New portal advances SMSF advice

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2017
Financial advisers can now manage the entire needs of SMSF clients through a new purpose built, cloud-based solution. Queensland-based financial services firm Quill Group has developed a new low-cost portal to enable advisers to establish a new SMSF ...

Open data carries privacy risk: ABA

KARREN VERGARA  |  TUESDAY, 18 APR 2017
Open data used by banks and fintechs to innovate and cross-sell products must be underpinned by robust regulation that protects the consumers, otherwise they risk major privacy breaches, according to the Australian Bankers' Association. Educating customers ...

Lonsec upgrades NovaPort fund

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
Australian small caps manager NovaPort Capital's microcap equity fund received a ratings upgrade in recognition of the funds' ability to deliver robust long-term returns. During its latest review, Lonsec upgraded the microcap fund from 'recommended' ...

Housing crisis takes emotional toll on Gen X

EMMA RAPAPORT  |  TUESDAY, 18 APR 2017
Sixty-eight per cent of Gen Xers worry they will be locked out of the property market and for many the prospect is taking an emotional toll, the latest ME Bank study shows. The findings, which come from a study of 1000 "wannabe home owners", shows many ...

FSC launches draft APL standard for risk advice

ALEX BURKE  |  THURSDAY, 13 APR 2017
The FSC is debuting its draft life insurer approved product list standard, the final version of which will become mandatory for all members. The goal of the FSC's APL standard is to increase competition among life insurers and reduce potential conflicts ...

Fintech apps disrupt advice model

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
Fintechs are deploying the next generation of financial planning applications and disrupting the traditional advice model, a new study has found. In response to advisers' demand for increased process efficiency and compliance automation, the latest ...

BlackRock's Fink commends Aussie infrastructure

JAMIE WILLIAMSON  |  TUESDAY, 11 APR 2017
BlackRock chairman and chief executive Larry Fink has praised Australia's use of private capital in funding infrastructure, and said the US needs to catch up. In his annual letter to shareholders, Fink said the United States trails behind countries ...

CBA spearheads push for quantum computing

ALEX BURKE  |  MONDAY, 10 APR 2017
CBA is rolling out a simulation of a theoretical quantum computer to demonstrate how it could revolutionise banking and other industries. Unlike a traditional computer, where data is encoded into a binary system of zeroes and ones (bits), a quantum ...