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Showing 2631 - 2640 of 9316 results for "Red"

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
Design and distributions obligation (DDO) reforms may have been pushed back to October next year as a result of COVID-19 but ASIC said it is top of the priority list for 2021. Speaking to the annual Credit Law Conference, ASIC commissioner Sean Hughes ...

Rest increases admin fees

JAMIE WILLIAMSON  |  MONDAY, 26 OCT 2020
Members of the $54 billion industry super fund will see their administration fees go up next month and will no longer see the benefit of tax deductions related to insurance premiums. Rest has notified members their admin fees will rise from November ...

Super SA hires former Elders manager

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
Government fund Super SA has appointed a former Elders regional manager to head up its financial advice offering. Allan Ward has been appointed as senior manager financial advice at the fund. He was previously the regional manager for Elders Financial ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
The corporate regulator is stepping in to prevent retail investors losing millions of dollars from trading highly risky contract for difference (CFDs) instruments. ASIC has imposed a product intervention order on the issue and distribution of CFDs effective ...

NAB adds to wealth client remediation

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
National Australia Bank has added to its existing $2 billion bill for customer remediation, upping its provisions for wealth clients ahead of its full year results. The bank has increased its provisions for customer remediation to $266 million after ...

AMP Capital bets on AI

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
AMP Capital has announced it will roll out energy saving artificial intelligence (AI) technology to regulate building comfort and energy use automatically. The AI system will work to reflect changes in outside temperature and occupancy of the building ...

Robo-advice a complement, not disruptor: Six Park

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... segment clients could be the answer, according to a new whitepaper. Digital advice provider Six Park's latest whitepaper, Is it red tape or is it me? Deniers, devotees, and the digital advice revolution, addresses the myth that robo-advice is in direct ...

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
AMP has reported a tough September quarter that saw several clients exit, leaving many business units with lower cash flows. The latest quarterly update shows subsidiary AMP Capital lost $1.1 billion as a result of client redemptions and "run-off of ...

Hostplus invests in vegan meat, sustainability

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
Hostplus has ramped up its private equity investments with a commitment of over $1 billion across projects that tackle climate change including a meat alternative. The $48 billion industry fund's annual report outlined the investments in medical ...

Industry fund updates investment fees

ELIZA BAVIN  |  THURSDAY, 22 OCT 2020
An industry super fund has bumped up its fees on some investment options due to the effects of COVID-19 market volatility. Australian Catholic Superannuation Retirement Fund (ACSRF) said the changes are set to come into effect on November 1. "Due to ...