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Showing 2461 - 2470 of 7236 results for "June 30 2014"

Centrepoint pulls out of NEOS Life

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
Centrepoint Alliance will no longer back life insurance startup NEOS Life, requesting its investment be repaid in full sooner than originally agreed to. In line with its recent strategy refresh, a review of Centrepoint's assets and interests determined ...

Schroders hires former Hunter Hall portfolio manager

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
The global manager with $39 billion of Aussie investor money has added to its Sydney-based investment team, including a former Hunter Hall portfolio manager. Schroders is welcoming Sebastian Mullins as a portfolio manager on the multi-asset team. Also ...

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
ASIC has again delayed the transition period for certain fee and cost disclosure requirements under RG97. The superannuation industry has another year to comply with disclosing property operating costs in product disclosure statements to 30 September ...

CBA stashes cash for compliance

DARREN SNYDER  |  WEDNESDAY, 12 DEC 2018
Commonwealth Bank will put aside an additional $350 million in 2019 to cover larger than expected costs for compliance and remediation programs as well as its separation from CommInsure Life. In an update to the ASX on Tuesday evening, CBA said its ...

Survey says no to subsidising life insurance for genetically at-risk Aussies

HARRISON WORLEY  |  MONDAY, 10 DEC 2018
Australians do not want to subsidise life insurance for those with adverse genetic test results, according to the latest Financial Services Council study. The FSC recently released results of its consumer survey conducted in July this year. The survey ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
Could it be? Could it be that the Reserve Bank of Australia (RBA) is now pondering the likelihood that the next move in interest rates is down rather than up? In early June this year, I put forth a thesis that long stretches of steady interest rates ...

Chief economist update: Bottom line slows down

BENJAMIN ONG  |  TUESDAY, 4 DEC 2018
The Australian Bureau of Statistics' (ABS) latest update on its Business Indicators, Australia report for the third quarter of this year makes for sober reading for investors dabbling in the country's share market (that makes all Australians ...

Rest restructures senior management

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
Rest announced several changes to its senior leadership team including five positions being made redundant and the creation of two new executive roles. A spokesperson confirmed the following positions have been made redundant: general manager of customer ...

Charity donates $10m to university

KANIKA SOOD  |  WEDNESDAY, 28 NOV 2018
Owners of an ASX-listed company donated $10 million to a university with campuses in Coffs Harbor and Queensland to fund research. Marcus Blackmore and wife Catherine of the $2 billion vitamin empire Blackmores made the personal donation to Southern ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
Minutes of the European Central Bank's (ECB) 24-25 October Governing Council meeting confirmed that it remains on track to end its net asset purchases - currently at a monthly pace of €15 billion - by the end of December 2018. No probs here. We've ...