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Showing 2831 - 2840 of 8182 results for "Institutional"

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... would be World Bank's issuance of a new bond on our capital markets platform," she said. On August 26, seven institutional investors backed the world's first blockchain bond developed by Commonwealth Bank and the World Bank. First State Super ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
RBA started to support immediate payments for Aussies around the clock, this year. RBA's head of payments settlements department Greg Johnston spoke at SIBOS about what the central bank would like to see in payments next. In February, RBA launched ...

Assistant Treasurer refutes breach allegations

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
Assistant Treasurer Stuart Robert has countered allegations he breached the Corporations Act. Responding to questions from Financial Standard today, Robert said allegations levelled at him by Labor Senator Chris Ketter during Senate Estimates on Wednesday ...

Asset management business models need a rethink: panel

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
From conventional methods to manage investments to the role of blockchain in the future, an industry panel session debates what business models have the power to disrupt financial services. Appearing on a panel at the SIBOS conference in Sydney this ...

Cybersecurity fit for a $16bn insurer

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
The SIBOS audience got a glimpse into how an ASX-listed insurer set up its safety net against cybersecurity threats in partnership with Ernst and Young, and the side benefits that came with it. IAG underwrites $11.4 billion of premiums every year across ...

Digital custody evolutionary, not revolutionary: SIBOS

HARRISON WORLEY  |  THURSDAY, 25 OCT 2018
A SIX executive told SIBOS delegates moving to a complete digital custody system in one go would prove to be a challenge for the global financial services industry. Speaking at the SIBOS conference in Sydney on Tuesday morning, SIX head of product management ...

Life insurer early intervention reforms dumped

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
Life insurance reforms proposed to provide better rehabilitation and early intervention treatment have been scrapped by the Federal Government. In response to the Parliamentary Joint Committee on Corporations and Financial Services' report released ...

Digital advice engagement spikes for super members

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
More superannuation members are using online advice technology to engage with their fund, the latest report from Decimal shows. Decimal's annual digital insights study found in the year to June 2018, the number of requests from superannuation fund members ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this ...

Magellan boosts retail push for Airlie

KANIKA SOOD  |  THURSDAY, 25 OCT 2018
... Magellan acquired Airlie Funds Management in February when the boutique managed about $6 billion in Aussie equities for institutional investors, pegging its minimum investment size at $500,000. Airlie previously held a $1.2 billion mandate from AustralianSuper ...