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Showing 2381 - 2390 of 9740 results for "Major"

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... as chair of the Australian Banking Association (ABA). The position is rotated between the chief executives of Australia's major banks, with ANZ chief executive Shayne Elliot stepping down from the role. Comyn aims to rebuild consumer trust in Australia's ...

FASEA under pressure on managed accounts

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... class, multi manager managed accounts five years ago. In the example, the adviser who recommends managed accounts is also a major shareholder in the advice company and therefore stands to benefit from the margin the advice firm earns on the managed accounts ...

Boomers show healthy ESG appetite

ALLY SELBY  |  TUESDAY, 3 DEC 2019
Environmental, social and governance (ESG) investing is well and truly on the radar for savvy millennials, but new research has revealed it could also be the secret ingredient to tempting Baby Boomers into engaging with their super. The research, coming ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... several other changes, new life event cover will be introduced, allowing members to increase cover at certain times without a major health check. Members will need to answer a few health questions within 90 days of the event or 90 days of receiving an ...

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... is trying to tap into the wonders of China as an emerging market, and on the other there is mayhem as one of the nation's major financial hubs suffers as protests plague Hong Kong. So, does this create an opportunity to access the Chinese market or is ...

Life insurers lost $3.4b over five years: APRA

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... "Since then, insurers have reported further losses of $1 billion, prompting APRA to escalate its response." With at least one major reinsurer indicating it was no longer prepared to reinsure individual DII, APRA executive board member Geoff Summerhayes ...

Deutsche Bank offloads $76b in assets

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... billion in assets to Goldman Sachs as part of the lender's restructuring plan. Germany's biggest bank has been undergoing a major restructuring as it struggles to compete in tough market conditions. The assets were tied to emerging market debt and were ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... positive outcome. "Unfortunately, the comparability and consistency of that information has proven inadequate. Choice creates a major challenge, as there are well over 40,000 superannuation investment options on offer," he said. "We will have to be more ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
... Wealth Management Project that commenced in 2014, and we were keen to test compliance by the broader industry beyond the major banks," ASIC said.

FPA consults on future of advice, policy initiatives

JAMIE WILLIAMSON  |  WEDNESDAY, 27 NOV 2019
The Financial Planning Association of Australia has released a discussion paper outlining the major issues to impact the financial advice industry over the next five years. The Financial Planning Association of Australia has released a discussion paper ...