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Showing 1941 - 1950 of 6679 results for "Sale"

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
The sale of ANZ's pensions and investments business may take longer than anticipated with contracts now amended following APRA's regulatory action against IOOF. Providing a further update on the sale, ANZ said it has agreed an amendment with ...

New owner at Strategic Insight

KANIKA SOOD  |  MONDAY, 14 JAN 2019
... Australia, managed funds and equities. It's latest research charted the inflows for TAL, CommInsure and peers. It's sale to ISS will feed into the ISS's data intelligence arm. Both SI and ISS are owned by mid-market private equity firm Genstar ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
"As safe as houses" is generally an expression which means with no risk of failure. The US sub-prime crisis (circa 2008-2009) showed us this is no longer the case. The continued drop in Australian property prices provides a warning sign that it could ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... income, a MySuper-type approach wasn't the answer. "We do not support the CIPRs approach because it establishes a point-of-sale where members have perhaps their most significant assets and must choose one or more products," the spokesperson said. ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Major industry associations collectively agree that the Productivity Commission's final report reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland ...

TAL and Zurich lead inflows, CommInsure lags: Strategic Insights

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Latest figures from research group Strategic Insights show mixed results for the country's largest insurers. Overall, the life insurance sector grew steadily by 1.7% year-on-year and reached $16.5 billion. However, it was a mixed result for the ...

Andrew Hagger to lead investment, philanthropy group

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JAN 2019
... Wellness Centre Appeal, founding director of The Wheeler Centre in Melbourne and senior international advisor to Not for Sale, a non-profit looking to combat human trafficking and modern-day slavery. "Minderoo has been a labour of love for both my wife ...

Saxo chief departs for BT

HARRISON WORLEY  |  MONDAY, 7 JAN 2019
The chief executive of Saxo Capital Markets in Australia will depart for a role at one of the country's largest wealth management firms. Ben Smoker will join BT Financial Group in January as a director in the firm's private wealth services division. ...

ASIC and Westpac court battle sees mixed outcome

DARREN SNYDER  |  FRIDAY, 4 JAN 2019
A landmark Federal Court judgment has provided greater clarity between general and personal financial advice, ruling in favour of Westpac's position. Yet the bank still managed to breach the Corporations Act. Judge Jacqueline Gleeson said ASIC failed ...

CBA and Alipay to bring in Chinese shoppers

KANIKA SOOD  |  THURSDAY, 20 DEC 2018
Commonwealth Bank has started accepting Alipay on its EFTPOS devices in a bid to attract Chinese shoppers who last year spent $10.9 billion in Australia. This makes CBA the first of the big four banks to accept Alipay in Australia, ahead of NAB which ...