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Showing 191 - 200 of 517 results for "ABA"

The changing face of SMSFs

JAMIE WILLIAMSON | MONDAY, 10 SEP 2018

Self-managed superannuation funds increased allocations to international equities by 30% in the first half of 2018, as well as upped exposure to listed investment companies and trusts in a bid to reach new markets. According to the latest Commsec SMSF ...

Industry body rejects ABA banking code

KANIKA SOOD | MONDAY, 10 SEP 2018

... Banking Association chief executive Anna Bligh's call for mutual banks, credit unions and building societies to adopt the ABA's new banking code of practice has been labelled "gratuitous" by an industry body which says a better code of practice is already ...

New code should apply to all: ABA

HARRISON WORLEY | FRIDAY, 7 SEP 2018

The Australian Banking Association (ABA) believes the new Banking Code of Practice standards should be adopted across the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings ...

Super industry welcomes Age Pension backflip

HARRISON WORLEY | THURSDAY, 6 SEP 2018

Key superannuation industry bodies have welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON | MONDAY, 6 AUG 2018

... their accounts, all too often see their accounts being drained by family members, by friends that they trust and care about," ABA chief executive Anna Bligh said.

Impact investing reports sharp growth

HARRISON WORLEY | THURSDAY, 19 JUL 2018

The value of Australian impact investments quadrupled since mid-2015, according to the peak industry body representing responsible, ethical and impact investors. Latest Responsible Investment Association Australasia (RIAA) research shows investments ...

ABA appoints deputy chair

KANIKA SOOD | FRIDAY, 29 JUN 2018

... role from Bendigo and Adelaide Bank managing director Mike Hirst, who announced his retirement from the bank in March. "The ABA warmly welcomes David Carter to the new role of deputy chair. David will bring a wealth of experience to the role. With more ...

Members abandon bank-aligned group insurers

KARREN VERGARA | TUESDAY, 5 JUN 2018

Latest Rainmaker group insurance research shows the share of superannuation fund members associated with a bank-aligned group insurer has halved in the last four years. The number of not-for-profit (NFP) superannuation members linked to a bank-aligned ...

Former adviser faces fraud charges

HARRISON WORLEY | MONDAY, 28 MAY 2018

A former financial adviser permanently banned by ASIC in 2016 has appeared in court, charged with $5.9 million of fraud. Ben Jayaweera has been charged with six counts of fraud for allegedly causing detriment to clients whilst an authorised representative ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY | THURSDAY, 10 MAY 2018

AMP confirmed it will vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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