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Showing 2041 - 2050 of 4838 results for "EAC"

Asia Region Funds Passport legislation tabled

JAMIE WILLIAMSON  |  THURSDAY, 29 MAR 2018
Legislation to implement the Asia Region Funds Passport Bill was tabled in Federal Parliament yesterday but the Financial Services Council said there is still work to be done. Minister for Financial Services and Revenue Kelly O'Dwyer described the initiative ...

New super fund combats account erosion for young Aussies

JAMIE WILLIAMSON  |  WEDNESDAY, 28 MAR 2018
A new superannuation fund is aiming to address the needs of Australian university students and young professionals. Student Super plans to give young Australians a head start when it comes to superannuation, saying the first decade of super contributions ...

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
A $50 billion industry fund is the latest signatory to the Insurance in Superannuation Voluntary Code of Practice, announcing it will drop TPD insurance premiums by an average of 20% at the same time. Signing up to the code from March 31, Sunsuper believes ...

ABA makes new code compulsory

KANIKA SOOD  |  MONDAY, 26 MAR 2018
Retail banks wishing to be members of the Australian Banking Association (ABA) will now have to sign up for its revamped Banking Code of Practice, which is currently awaiting ASIC's nod of approval. The new code will be binding, enforceable by law and ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
Nearly a decade after ASIC began its investigation into Storm Financial, two directors have been fined $70,000 each for breach of duties. Emmanuel and Julie Cassimatis were previously disqualified from managing corporations for seven years. When they ...

CommInsure launches digital claims for super funds

KANIKA SOOD  |  FRIDAY, 23 MAR 2018
CommInsure will now offer digital claims for its institutional partners, joining other insurers digitising their claims process. CommInsure says the digitization will be end-to-end, covering all aspects of the claim process. "We listened closely to ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
Gryphon Capital Investments wants non-institutional investors to place money in secured debt securities with its new trust - which it says is the first of its kind in Australia. Gryphon Capital Income Trust (GCIT) will invest in residential mortgage ...

Aussie ETFs attracted $339 million in February: Betashares

KANIKA SOOD  |  WEDNESDAY, 21 MAR 2018
Australia's ETF pool swelled $330 million in February even though stocks slumped early in the month. BetaShares, the fourth-biggest player in Australia's ETF pool, joins Vanguard in saying investors gravitated towards ETFs in February's market slowdown ...

TAL named top life insurer for 2017

DARREN SNYDER  |  FRIDAY, 16 MAR 2018
TAL and CommInsure each collected three accolades at the Association of Financial Advisers (AFA) Life Company of the Year Awards in Sydney last night, and it was the former which won the top gong. Recognising its excellence in the provision of products ...

More than half fail CFA exam

KARREN VERGARA  |  FRIDAY, 9 MAR 2018
Only two-in-five people working in the investment industry passed the first stage of the most recent Chartered Financial Analyst (CFA) examination. Of the 68,086 candidates who took the Level I exam in December last year, 57% failed to progress to the ...