Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1961 - 1970 of 6679 results for "Sale"

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... still working towards separating OnePath's life insurance business from its pensions and investments arm, and the planned sale of the life arm to Zurich would not be affected. "Given the significance of APRA's action, we will assess the various ...

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year. The board of the embattled insurer has decided to search for alternative business models ...

Superannuation fund comparison tool launches

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
A new platform that makes it easier to compare superannuation funds and switch to better, high-performing investments has soft launched. Roll-it Super helps boost super fund choice for employees by providing monthly performance, fees and benefits for ...

Property fund hires manager

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... property was sold to sister REIT Centuria Industrial REIT (CIP) who issued trust units to raise money for the acquisition. "The sale is in line with our continued focus on identifying initiatives to create value for unitholders. The sale is in line with ...

CFS retail sales lead joins global boutique

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
The head of retail investment sales at Colonial First State will head the newly-opened Australian office of a global boutique investment manager. Laird Abernethy has been appointed managing director of Australia and New Zealand for GQG Partners. He ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
New Zealand life insurers are paying the highest commissions to financial advisers in the world and the nation's Reserve Bank is concerned about the conduct risk it is creating. According to the Reserve Bank of New Zealand's latest Financial Stability ...

CBA investigates possible privacy breach

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... manual. The potential breach was identified as part of data segregation work undertaken by the bank in preparation for the sale of its life insurance business to AIA. As such, a review was commenced in August 2018. CBA said a review of files to ensure ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
The chairman at one of Australia's largest institutional investors, and a long-time industry superannuation fund advocate, will retire next week. IFM Investors chair Garry Weaven will leave his role at the firm's board meeting on December 4, and ...

NEOS continues growth trajectory

KARREN VERGARA  |  TUESDAY, 27 NOV 2018
Since launching in mid-2018, life insurance start-up NEOS Life is making strides with the launch of a new product and expedited its underwriting decision times. NEOS managing director Brett Yardley said that most underwriting decisions finalised in ...

Overhaul executive remuneration: Poll

KARREN VERGARA  |  MONDAY, 26 NOV 2018
Financial Standard readers have decried how banking and financial services executives are remunerated following insight into how CBA remunerated its executives at the financial services Royal Commission. Eighty-nine percent of respondents in our recent ...