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Showing 2641 - 2650 of 7101 results for "June 2011"

FPA clarifies role in shaping existing adviser standards

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
The Financial Planning Association of Australia has distanced itself from the draft education guidelines for existing advisers proposed by the Financial Adviser Standards and Ethics Authority, despite having its own accreditation standards at their ...

Asset management services provider expands to Australia

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
A global brokerage firm has acquired a licence to offer multi-asset investment management services in Australia. Blackwell Global Hong Kong attained a licence via the Hong Kong Securities and Futures Commission to issue asset management services relating ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
MetLife Australia is included among a $10.9 billion custody mandate awarded by its global parent across three key Asia Pacific markets. The US-based life insurer awarded the US$8.7 billion ($10.9 billion) custody mandate to HSBC Securities Services. ...

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
ASIC is warning financial advice dealer groups about the consequences of failing to correctly witness binding death nominations for superannuation benefits. The regulator said many nominations are at risk of being rejected by trustees as it has become ...

ATO toasts the "SMSF class of 2012"

ALEX BURKE  |  FRIDAY, 19 JAN 2018
As part of the release of its annual SMSF statistics, the ATO looked at the performance of the SMSF sector through the lens of funds established five years ago and asked: where are they now? There were 36,160 SMSFs lodged in the 2012 financial year. ...

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%. MTAA Super recently renewed its long-standing partnership with MetLife to June 2020. The pair ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
First, the good news: The Australian Bureau of Statistics'(ABS) latest update on the country's labour market confirmed the continued strengthening in the labour market. Total employment increased by 34,700 in the month of December -- more than twice ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
Echoing BOJ Governor Haruhiko Kuroda's quick push back on taper speculations, Deutsche Bundesbank president and ECB governing council member Jens Weidmann used his speech at the Ludwig-Erhard Summit in Bavaria to do the same. Like Kuroda, Weidmann's ...

Zurich UK launches selfie app for underwriting

KARREN VERGARA  |  MONDAY, 15 JAN 2018
Zurich has launched facial recognition technology in an effort to promote life insurance adoption across the UK. FaceQuote is able to quote a monthly life insurance premium for prospective customers based on age estimates calculated after a selfie is ...

Government releases super tax measures for consultation

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The Government has released its draft legislation regarding taxation integrity measures for the superannuation system. The consultation paper addresses two specific measures: the first concerns a member's share of the outstanding balance of a limited ...