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Showing 2571 - 2580 of 6264 results for "DET"

Super a money laundering target: AUSTRAC

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
Australia's money laundering watchdog is warning superannuation funds they are serious targets for financial criminals, and provided advice on how to avoid getting stung. AUSTRAC released a guidance paper to the superannuation sector, outlining the ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
Investors who firmly believe that fixed income is a safety net in times of market volatility - and followed through by ditching equities - have been well-rewarded for their efforts. Investors in Australia who switched to bonds at the end of October ...

Adviser exam draft legislation released

JAMIE WILLIAMSON  |  MONDAY, 17 DEC 2018
The Financial Adviser Standards and Ethics Authority released draft legislation for the adviser examination, including what it will cost to sit the assessment. Following consultation, FASEA has determined the exam will be a 3.5 hour supervised test ...

CFS swaps global equities managers

KANIKA SOOD  |  FRIDAY, 14 DEC 2018
Colonial First State has appointed a $600 million mandate as it reviews the manager lineup for its $3.8 billion multi-manager global equities fund. In a change that became active last Friday, Boston-based quant manager Arrowstreet Capital took over ...

Sydney fintech sells for $339m

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
Financial services software giant Temenos is buying customer acquisition and onboarding technology company Avoka for $339 million (US$245 million). Avoka's success story begins in Australia. Temenos chief operating officer and chief financial officer ...

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 ...

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
The British Parliament has put a full stop to months of speculation over PM Theresa May's leadership when she emerged victorious - 200 to 117 - over her own party's (the Conservative Party) no confidence motion lodged against her. The Party's ...

FPA reviews disciplinary regulations

JAMIE WILLIAMSON  |  WEDNESDAY, 12 DEC 2018
After having its existing disciplinary processes questioned during the Royal Commission, the Financial Planning Association of Australia is introducing updated regulations from 1 January 2019. Conducted by FPA Conduct Review Commission (CRC) deputy ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
We got chills, they're multiplying... How could something so good turn out to be so bad? It was all very good just as 2017 was turning into 2018... so good, that financial markets were pencilling in exit strategies from the world's major economies ...

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 ...