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Showing 2561 - 2570 of 4932 results for "MIS"

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
NAB refunded $1.7 million to home loan customers after it failed to properly set up mortgage offset accounts, according to ASIC. Customer complaints prompted NAB to conduct an internal review, which found the bank failed to link offset accounts to broker ...

Aurora traces stolen $1 million to former owner

ALEX BURKE  |  TUESDAY, 19 DEC 2017
Aurora Funds Management, which terminated the employment of its chief financial officer after $1 million disappeared from a listed trust in November, has traced the missing money to its former parent company, also listed on the ASX. Aurora told shareholders ...

CommInsure life insurance ads misleading: ASIC

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
The final investigation into CommInsure will see the life insurer pay $300,000 to a community group after ASIC raised concerns about misleading advertisements for two of its life insurance policies. An investigation between mid-2013 to March 2016 found ...

IOOF research boss tenders resignation

ALEX BURKE  |  MONDAY, 18 DEC 2017
IOOF's group head of research and portfolio construction, who took over the company's research functions in early 2015 after the acquisition of SFG Australia, will leave in March next year. Matthew Drennan took on the head research role around the same ...

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
To say that you, I and Irene were surprised at last month's NAB business survey - that showed Australian business conditions rocketed to an all-time high in October but confidence hardly budged - is more than just an understatement for even the survey ...

SQM suspends Macquarie fund rating following investment team reshuffle

ALEX BURKE  |  TUESDAY, 12 DEC 2017
Following material changes to the investment strategy and team behind Macquarie's award-winning Australian Small Companies Fund, its rating has been changed to "hold" by SQM Research. SQM had originally downgraded the rating of the fund from 4.00 to ...

Channel Capital partners with Sahota to launch new boutique

EMMA RAPAPORT  |  TUESDAY, 12 DEC 2017
Multi-affiliate funds management firm Channel Capital is partnering with global fixed income guru Bob Sahota to launch a new boutique investment manager. Revolution Asset Management will provide institutional and high net worth investors with access ...

Good news or bad news?

BENJAMIN ONG  |  TUESDAY, 12 DEC 2017
Depending on one's proclivity, the latest batch of higher than expected liquidity and lending data out of China could be either good or bad. Good because they're indicative of continued strong growth momentum in the Chinese economy. Bad because they ...

APRA announces new executive general manager

EMMA RAPAPORT  |  MONDAY, 11 DEC 2017
The Australian Prudential Regulation Authority has announced the appointment of a new executive general manager, strategy/chief risk officer. Therese McCarthy-Hockey, formerly of Deutsche Bank London, will be responsible for the supervision framework ...

Former industry fund CIO leaves Vanguard after seven months

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2017
The former chief investment officer of Meat Industry Employees' Superannuation Fund has parted ways with Vanguard Australia after just seven months. Mary McLaughlin commenced as senior investment specialist at Vanguard in May, with the fund manager ...