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Showing 3061 - 3070 of 4897 results for "Alex"

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
The Trowbridge report likely won't become the "blueprint" for the life industry, said former Financial Planning Association of Australia chair Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
Following on from its controversial "Super Sting" report in 2014, Grattan Institute has released a new report that continues to argue Australia's superannuation industry has excessive costs. The report, titled " Super Savings ", reiterates Grattan's ...

Hockey commits cash to infra partnerships plan

ALEX BURKE  |  MONDAY, 20 APR 2015
Australia will provide $25 million to the World Bank Group's Global Infrastructure Facility, said Treasurer Joe Hockey in a statement. The Facility will be used to build public-private infrastructure partnerships to streamline "greater private sector ...

Trowbridge proposals will hit consumers hardest

ALEX BURKE  |  MONDAY, 20 APR 2015
AFA chief executive Brad Fox has hit back at the FSI and Trowbridge recommendations, saying they are "unworkable, impractical and do not acknowledge the value life insurance advisers provide to consumers." He noted that the hybrid remuneration model ...

Rice Warner consultant criticises MySuper fee disclosure

ALEX BURKE  |  THURSDAY, 16 APR 2015
Rice Warner consultant, market insights Nathan Bonarius has criticised standardised fee disclosure for MySuper products, arguing it allows funds to distort their fee structures. Although Bonarius applauded the intent behind the standardisation of fee ...

TIAA-CREF opens Sydney office, appoints manager

ALEX BURKE  |  THURSDAY, 16 APR 2015
TIAA-CREF is expanding its APAC distribution capabilities by opening an office in Sydney. This follows the US$866 billion asset manager opening a London office in September 2014 to improve UK/Europe investor relationships. The Sydney office will be ...

ASIC investigating false fees in large advice firms

ALEX BURKE  |  THURSDAY, 16 APR 2015
As part of its ongoing Wealth Management Project, ASIC is investigating instances of advice fees being charged without advice in large financial planning firms. Established in October 2014, the Wealth Management Project was designed to specifically ...

Suncorp names new chief executive

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
A new Suncorp group chief executive has been appointed following the announcement that incumbent Patrick Snowball will leave the company in October. Upon Snowball's departure, GPT chief executive and managing director Michael Cameron will assume his ...

Combined Insurance to work with ASIC on fraud leak

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
Combined Insurance Asia Pacific executive vice president Christopher Carey has said his company will "work with ASIC" to investigate the misconduct exposed by whistleblower Alison Moore. A former employee of the ACE Group-owned insurance firm, Moore ...

Future Fund appoints board members

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
Carolyn Kay and Jane Wilson have been appointed to the Future Fund Board of Guardians. Kay was most recently a director at Commonwealth Bank, and has previously held roles at Morgan Stanley, J.P. Morgan and Linklaters & Paines. Wilson is currently a ...