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Showing 2011 - 2020 of 6679 results for "Sale"

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The chief executive of Freedom Insurance Group has left the company effective immediately and more than half of its workforce is being made redundant. Chief executive Keith Cohen, who has been at the helm for nearly nine years, will be replaced by chief ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
What value does an independent board of directors add to an investment company? That's a question that directors of top UK investment companies met to answer yesterday. At a conference organised by 86-year old Association of Investment Companies (AIC) ...

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
"We're going to win so much, you're going to be so sick and tired of winning." US President Donald Trump can add the North American Free Trade Agreement (NAFTA) in his tally of 'wins' after the United States and Canada struck a last ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The Finance Sector Union has welcomed the release of Commissioner Hayne's interim report, labeling it an important first step in reforming the financial services industry. FSU national secretary Julia Angrisano said the union agrees wholeheartedly ...

Banking remuneration practices to blame for misconduct

MICHELLE BALTAZAR  |  FRIDAY, 28 SEP 2018
The industry's remuneration practices and policies played a major role in the banking misconduct uncovered by the Royal Commission Inquiry, the interim report found. Governance and risk management practices failed to prevent the misconduct where ...

Boutique manager expands research team

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
A boutique founded last year by a former Evans & Partners head of equity has appointed a senior investment analyst. Aoris Investment Management is welcoming Swati Reddy to its investment team. Reddy was an equities analyst at CLSA in Sydney for seven ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
Class action proceedings have been filed against NAB and MLC for the sale of worthless consumer credit insurance. The two companies will face Slater and Gordon in Federal Court after the law firm officially filed proceedings. Slater and Gordon allege ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... regulatory regime to protect consumers from detriment. For starters, Counsels Assisting Rowena Orr and Mark Costello asked if the sale of direct sale of insurance via outbound telephone calls should be banned. If not, they questioned whether the current ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... phone - absorbed much of the attention of the fortnight-long insurance hearings. When asked if the FSC had a view as to the sale of life insurance directly to consumers over the phone, Loane said the council did "not as such," and added outbound calling ...

Mainstream loses super fund contract

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A superannuation fund has terminated its administration contract with Mainstream after it announced plans to merge with a larger super fund in July. Combined Super has filed a termination notice with Mainstream Group Holdings ahead of its intention ...