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Showing 11 - 20 of 63 results for "St Andrew"

Antares portfolio manager departs

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
The $660 million Aussie equities fund at Antares is bidding farewell to the "linchpin" of its investment strategy. Richard Dixon's departure was announced on Monday, after almost three months of extended leave. Dixon leaves after nearly 12 years, and ...

Freedom Insurance misses reporting deadline

KARREN VERGARA  |  FRIDAY, 1 MAR 2019
Freedom Insurance Group has failed to file FY19 interim results and its shares remain suspended. The embattled firm provided an update on its financial position to the ASX overnight, stating it is "unable to provide an accurate estimate of when the ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Direct life insurance failing consumers: ASIC

KARREN VERGARA  |  THURSDAY, 30 AUG 2018
A comprehensive ASIC review of direct life insurance found sales practices and products that offer little to no value are leading to poor consumer outcomes. The practises of 11 life insurance providers selling direct-to-customers were examined and included ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
Superannuation funds called up to the financial services Royal Commission now have less than four weeks to prepare, as the fifth round commences on August 6 in Melbourne. The fourth round of hearings, which focused on agricultural financing and interactions ...

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
The financial services Royal Commission exposed more boiler room sales tactics of call centre staff selling life insurance which drove poor behaviour and a sales-driven culture, and effectively breached anti-hawking provisions. Select AFSL managing ...

Aussie fixed income managers with global teams outperform: Zenith

KANIKA SOOD  |  TUESDAY, 12 JUN 2018
In the Australian fixed income sector, fund managers that ran global teams outperformed those with domestic-only teams over the 10 years to April, according to the latest research from Zenith Investment Partners. However, the edge in the global-teams' ...

Financial planning must regroup and reform: Social Media

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
Social media commentators have called for structural changes to the financial planning industry after the Royal Commission wrapped up its investigation into financial advice this week. After a fortnight of revelations during the Royal Commission's probe ...

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... (FIG) announced it will acquire a bank's insurance arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist insurance solution provider ...

CareSuper appoints investment manager

ALEX BURKE  |  FRIDAY, 9 FEB 2018
Industry super fund CareSuper has appointed a new investment manager. Frank Russo joins the $13 billion super fund from SILC Group, a boutique strategic adviser and investment solutions provider specialising in wholesale private, commercial and institutional ...