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Showing 2621 - 2630 of 4897 results for "Alex"

Macquarie to enter robo-advice sector

ALEX BURKE  |  MONDAY, 16 NOV 2015
Macquarie will soon offer a digital advice service across all standard asset classes. Macquarie's OwnersAdvisory service is designed to reach the "more than 80% of Australian adults don't currently access professional financial advice," according to ...

SelectingSuper Awards recognise super leaders

ALEX BURKE  |  MONDAY, 16 NOV 2015
The 2015 Rainmaker SelectingSuper Awards will be held at the RACV Club in Melbourne on November 18. The awards recognise the best superannuation providers and industry leaders in Australia, and include the MySuper Product of the Year, Super Fund of ...

NAB Asset Management appoints new COO

ALEX BURKE  |  MONDAY, 16 NOV 2015
NAB Asset Management has appointed a new chief operating officer. Bernard Reilly joins NAB from State Street Global Advisors, where he held positions including executive vice president, global head of strategy and head of Asia Pacific. He was also managing ...

Super non-compliance to cost $44 billion

ALEX BURKE  |  MONDAY, 16 NOV 2015
Employer non-compliance with superannuation entitlements could cost workers $44 billion in retirement savings over the next decade. This is the conclusion of Cbus research, which chief executive David Atkin argued highlighted "the need for Government ...

APRA debates whether "to model or not to model"

ALEX BURKE  |  FRIDAY, 13 NOV 2015
Internal risk models for financial institutions are still useful so long as industry isn't "seduced by the science," according to APRA chair Wayne Byres. Speaking at the Global Association of Risk Professionals (GARP) Global Risk Forum in Hong Kong ...

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
More Australian banks will follow NAB's exit from manufacturing life insurance, according to Rice Warner chief executive Michael Rice. Rice's comments follow Assistant Treasurer Kelly O'Dwyer's issuing of the Government's response to the Life Insurance ...

Zurich appoints political risk head

ALEX BURKE  |  FRIDAY, 13 NOV 2015
Zurich has appointed the head of its Melbourne credit and political risk operations. Clive Mok joins the Melbourne office after working for Zurich for eight years in Hong Kong. Prior to that, he held roles at QBE and Gerling. Commenting on the growing ...

MetLife reports 61pct global earnings slump

ALEX BURKE  |  THURSDAY, 12 NOV 2015
MetLife has announced its third quarter results, revealing a 61% decrease in operating earnings to US$705 million ($986 million). According to MetLife chair, president and chief executive Steven A. Kandarian, this drop can be attributed to "macroeconomic ...

ASIC charges unlicensed SMSF loan provider

ALEX BURKE  |  THURSDAY, 12 NOV 2015
ASIC has brought criminal charges against a former company director for offering "loans" based on future superannuation entitlements. Grant Thorsby Ross (alias David Thorsby Ross) was the former sole director of Motabank and Multimedia Marketing, and ...

ANZ pays $13m to saver customers

ALEX BURKE  |  THURSDAY, 12 NOV 2015
ANZ will pay roughly $13 million to 200,000 customers using Progress Saver Accounts (PSAs). The compensation is being paid due to ANZ failing to apply bonus interest to these accounts. PSA customers who satisfy withdrawal and deposit requirements each ...