Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 556 results for "Switch 2"

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
AMP Bank has pulled the plug on its SMSF lending business, joining CBA and Westpac. AMP will support current SMSF home loan customers. But starting November, they will not be able to switch to interest-only or refinance their loans. This leaves Macquarie ...

Former licensee chief to lead fund manager

JAMIE WILLIAMSON  |  TUESDAY, 21 AUG 2018
The former chief executive of a financial advice dealer group will now lead an $855 million investment manager. Clime Investment Management has appointed Rod Bristow to the newly-created role of group chief executive. Bristow served as chief executive ...

Natixis appoints insto sales head

KANIKA SOOD  |  TUESDAY, 21 AUG 2018
Natixis Investment Managers appointed a new head of institutional sales for Australia and New Zealand. Louise Watson will join the Sydney team of the $1.4 trillion multi-affiliate manager, having most recently served as CQS' head of distribution for ...

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
Online brokers are being presented with a new business case to capture the most frequent traders - a group which has spiked in its considerations about switching broking platforms. Research firm Investment Trends said 9% of traders which transact more ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... Linda Elkins told the Commission CFS initially failed to transition 13,000 members into MySuper products during the 2014 switch - a breach it reported to APRA. Over the next three-and-a-half years, as CFS executives worked with APRA on resolving the ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
The majority of professionally managed funds in Australia are committed to responsible and ethical investments - a market that is close to approaching $1 trillion. Joint research from KPMG and Responsible Investment Association Australasia (RIAA) shows ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
Just as expected, the Fed's 31 July-1 August meeting was a non-event - keeping the fed funds rate unchanged at 1.75%-20% - but it did give the US central bank a platform to gloat about the US economy. "Information received since the Federal Open ...

Super fund members satisfied but restless

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
Superannuation fund members are more satisfied with their funds than the previous year but an increasing number is looking to switch funds, according to Investment Trends. Latest insight shows 71% of super fund members rated their level of satisfaction ...

Zuper opens its doors

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
Millennial super fund Zuper has officially launched to make a play at the $2.6 trillion superannuation industry. Aiming to "empower" millions of young disengaged Australians with their superannuation, Zuper was founded in early 2017 by chief product ...