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Showing 2971 - 2980 of 6264 results for "DET"

Former Paradice executive takes on chief operating role

JAMIE WILLIAMSON  |  TUESDAY, 19 DEC 2017
A boutique Australian equities manager has appointed a new chief operating officer from Paradice Investment Management. Paradice's former head of client services Tarren Summers has joined Glennon Capital to "implement and contribute to the determination ...

CommInsure life insurance ads misleading: ASIC

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
The final investigation into CommInsure will see the life insurer pay $300,000 to a community group after ASIC raised concerns about misleading advertisements for two of its life insurance policies. An investigation between mid-2013 to March 2016 found ...

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
AMP and the big four banks refunded customers $215.9 million for charging ongoing advice fees that failed to provide actual general or personal advice. ASIC said this was in addition to the fees-for-no-service compensation figures identified in Report ...

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
The Insurance in Superannuation Working Group is urging superannuation trustees to sign up to its voluntary life insurance code of practice, which will come into effect 1 July 2018. To eschew account balance erosion, super trustees under the code will ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
Australians all let us rejoice and have ourselves a merry little Christmas! The Australian Bureau of Statistics' (ABS) Labour Force report shows a sharp jump in employment in November no matter how it's measured. Look at the seasonally adjusted estimates ...

Government expert panel hands down proposed education standards for existing advisers

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2017
Under the proposed standards released today by the Financial Adviser Standards and Ethics Authority, all existing advisers will be required to make a choice between several different education pathways -and some of their current qualifications may fail ...

CBA admits to anti-money laundering breaches, AUSTRAC flags new allegations

KARREN VERGARA  |  THURSDAY, 14 DEC 2017
CBA admitted systems glitches have led to it breaching anti-money laundering and counter-terrorism laws on more than 53,000 occasions, and flagged it is bracing itself for new allegations to be handed down by AUSTRAC. In filings submitted in response ...

APRA unveils proposed RSE reform package

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
APRA has announced a raft of proposed changes that will ensure registrable superannuation entities are ultimately delivering the best outcomes for members. The regulator said it is ramping up its scrutiny of the performance and efficiency of RSE's business ...

French giant intensifies action on global warming

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
One of Europe's biggest banks is calling on the world's influential financial sector to lead the transition to a low-carbon economy. BNP Paribas chief executive Jean-Laurent Bonnafe said that as the engine of the economy that brings individuals, investors ...

Group insurance awareness encouraging: MetLife

KARREN VERGARA  |  TUESDAY, 12 DEC 2017
A new MetLife survey reveals almost 75% of working Australians are aware they have insurance within their superannuation and have actually reviewed it. The life insurer surveyed more than 1500 employees aged between 18 and 64-years-old, aiming to understand ...