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Showing 1831 - 1840 of 3228 results for "April 2012"

Narev apologetic in face of CommInsure allegations

MARK SMITH  |  MONDAY, 7 MAR 2016
Commonwealth Bank chief executive Ian Narev has issued a statement of apology in the face of fresh allegations of unethical conduct within the financial services giant, this time within its insurance arm. A joint Four Corners and Fairfax investigation ...

IOOF boosts interim profit

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
IOOF has announced its interim results for 2016, demonstrating an underlying net profit boost of 18% to $95.4 million. IOOF's statement cited some of the drivers of this as being the successful integration of Shadforth, which resulted in $11 million ...

Returns gap fuels 'dashboard' debate

ALEX BURKE  |  MONDAY, 22 FEB 2016
A revival of industry fund outperformance could play a major role in ongoing policy debate that is splitting the superannuation industry into two distinct factions. New research from Rainmaker Information, released in the latest edition of the Rainmaker ...

Combined Insurance to cease new Australian business

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
Combined Insurance has announced it will cease writing new Australian business on April 22. The insurer said that the decision will not impact existing policies and followed a "detailed review of the company's business operations and growth prospects." ...

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
The Japanese economy shrinks, the Japanese sharemarket sings hallelujah! If this still doesn't capture the "bad news is good news" meme, we might never, never know what will. The Nikkei-225 index soared by 7.2% at the end of yesterday's trade. It even ...

Midwinter expands with new distribution head

MARK SMITH  |  WEDNESDAY, 27 JAN 2016
Sydney-based financial planning technology provider Midwinter has appointed a new head of distribution. Helen Thom, who was initially hired as a Senior Business Development Manager back in April 2015, has been appointed internally to lead the distribution ...

ING DIRECT announces new CEO

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
ING DIRECT Australia will have a new chief executive from June as Vaughn Richtor announced his retirement from the country's sixth largest retail bank today. Richtor will also retire as chief executive of ING Retail Banking Asia. He will continue to ...

ASIC hits ex-ANZ adviser with ban

ALEX BURKE  |  THURSDAY, 14 JAN 2016
ASIC has banned a former ANZ bank adviser for 10 years. According to ASIC's investigation, Ben Cheung engaged in misconduct between April 2013 and March 2014, during which he was an authorised ANZ representative. ASIC alleged that Cheung forged client ...

Japanese consumers a tad more confident

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2016
Japan's Cabinet Office reported that consumer confidence stood at 42.7 in December. While this is much higher than market expectations for a 42.3 print, it's only a slight improvement from the previous month's 42.6 reading. The overall index is derived ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
Offering a choice of superannuation fund to more Australian workers doesn't mean they will exercise the opportunity, nor make any better long-term investment decision. This was one of several views presented by REST Industry Super in its submission ...