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Showing 1891 - 1900 of 9463 results for "tech"

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
AMP has completed the divestment of its remaining equity interest (19.3%) in Resolution Life Australasia to Resolution Life Group. The initial sale agreement, announced on 3 November 2021, was subject to regulatory approvals and other conditions precedent ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
AMP is lowering the maximum administration fees charged for MyNorth Investment and MyNorth Super accounts on its North platform. According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. ...

Australia home to high proportion of women billionaires

CHLOE WALKER  |  MONDAY, 27 JUN 2022
... fewer billionaires than last year following Vladimir Putin's invasion of Ukraine, and China, where a government crackdown on tech companies led to 87 fewer Chinese billionaires on the list. Still, Forbes found more than 1000 billionaires who are now ...

Zerocap, ANZ purchase Australian carbon credits

CHLOE WALKER  |  MONDAY, 27 JUN 2022
The deal, undertaken for Zerocap by private investor Victor Smorgon Group, has seen carbon credits firm BetaCarbon successfully trade tokenised Australian carbon credits (BCAU) using the ANZ Bank's A$DC stablecoin. The transaction is considered ground-breaking ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
Minister for financial services Stephen Jones has met with independent reviewer Michelle Levy to discuss the ongoing review. In a statement, Jones confirmed he has met with Levy and supports the review continuing under its current Terms of Reference. ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
Apex Group has announced its appointment by Octopus Investments Australia to service its funds structured around renewables investments. The global financial services provider will deliver Octopus Australia with fund administration, investor onboarding ...

Citi pilots Bitcoin custody service platform

ANDREW MCKEAN  |  THURSDAY, 23 JUN 2022
Citibank has announced that it's launching will launch a Bitcoin custody services platform for institutional investors. The bank will partner with orchestration platform METACO to help develop and trial its digital asset custody capabilities. "This ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
The latest iteration of the Life Insurance Code of Practice features more than 50 new consumer protections, including a ban on blanket mental health exclusions and greater limits on surveillance. The updated Code follows consultation with industry ...

University of Melbourne launches investment funds

CHLOE WALKER  |  TUESDAY, 21 JUN 2022
The University of Melbourne has established two new major investment funds, in partnership with Breakthrough Victoria and Tanarra Capital. The $115 million investment funds are dedicated to supporting Melbourne's researchers to turn their discoveries ...