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Showing 1981 - 1990 of 6215 results for "SIX"

Legalsuper renews admin contract

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... investment option platform offered by UBS," he said. The $3.7 billion superannuation fund sought expressions of interest from six fund administrators before awarding Link the mandate. Proebstl said the criteria used in selecting an administrator included ...

Ideas give insight to opportunity: Vanguard

HARRISON WORLEY  |  TUESDAY, 12 FEB 2019
... about." He said the opportunity would "not manifest tomorrow," but said it was there for the taking within the next five to six years "if we are bold enough to look out that far." "This does not mean there may not be a recession between now and then," ...

Mainstream board loses former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... reported a 6% increase in funds under administration to $147 billion, with $8.3 billion in net inflows contributed in the six months to 31 December 2018. The group said broad market headwinds were offset by 106 net additional funds and growth in its ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... firms operating in Australia under an AFSL exemption, five UK market operators which hold an Australian market licence and six operating under exemption notices. "ASIC is working with the RBA and the BoE to ensure business continuity for systemically ...

Pendal acquires Regnan

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
... co-founders and put up seed capital for it. In 2017, Regnan's chief executive Amanda Wilson stepped down after nearly six years. She was replaced by Pauline Vamos who left after 12 months and later joined the embattled insurer Freedom Insurance Group. ...

Grandfathered commissions deadline challenging: AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 FEB 2019
... commissions to fees for service shortly after the Future of Financial Advice reforms were implemented in July 2013 - almost six years ago. Today, about 4% of the group's revenue is still derived from grandfathered commissions but this is expected to ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... market and its impact on wages. "The outlook for the labor market remains positive. The unemployment rate is 5%, the lowest in six years. With the economy expected to continue to grow above trend, a further reduction in the unemployment rate is likely. ...

Sequoia chief resigns

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
... group effective February 4. In November 2018, Beeton flagged he would transition out of the chief executive role over the next six months. He joined Sequoia in December 2009 as managing director and became chief executive in December 2014. Executive ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne has recommended ASIC ultimately whittle down the commissions on life insurance products to zero unless there is a clear justification to keep them. On 1 January 2018, advisers' upfront commission for implementing a life ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions in denying a customer's ...