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Showing 3171 - 3180 of 8182 results for "Institutional"

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
ANZ has agreed to sell its OnePath Life New Zealand business to a US-based global insurer. Cigna Corporation will acquire OnePath Life for NZ$700 million, which ANZ said represents a "slight premium to embedded value and is expected to generate a gain ...

Investa mulls Blackstone deal, possible insto partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
... shareholder in the IOF. In a separate matter, Investa confirmed it is weighing a potential strategic initiative with an institutional partner in regards to Investa's management platform. "Discussions with the potential partner are ongoing and incomplete ...

Frontier appoints principal consultant

ALEX BURKE  |  TUESDAY, 29 MAY 2018
... director of consulting Kim Bowater said. "His recent European experience will add to his already deep knowledge of the institutional investment environment, while his existing knowledge of Frontier will help make his transition into the business quite ...

Platform provider extends relationship with wealth manager

HARRISON WORLEY  |  TUESDAY, 29 MAY 2018
A wealth manager with more than $21 billion in funds under management has extended its contract with a platform provider. JBWere has extended its contract with Praemium for two years. The deal will allow JBWere to continue to use Praemium's reporting ...

Alternatives specialist boosts leadership

HARRISON WORLEY  |  TUESDAY, 29 MAY 2018
... niche investment strategies. Former CQS head of sales Louise Walker leads the raft of changes, appointed as head of institutional distribution. Prior to her time at the asset manager, Walker enjoyed a long career with Macquarie Group both in Australia ...

Big data's big retirement benefits

DARREN SNYDER, STEPHEN FAY  |  MONDAY, 28 MAY 2018
J.P. Morgan Asset Management says big data is allowing retirement income products to be better customised to the individual and more dynamic in managing retiree spending. The asset manager has designed a solution in the US, assisted by retiree data ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
The Federal Government released draft proposals for improving compensation for victims of crime, including the ability to claw-back irregular superannuation contributions made by criminals. To ensure superannuation accounts cannot be used as a safe ...

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
A former financial adviser permanently banned by ASIC in 2016 has appeared in court, charged with $5.9 million of fraud. Ben Jayaweera has been charged with six counts of fraud for allegedly causing detriment to clients whilst an authorised representative ...

GROW Super seeks RSE licence

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
In recent years new superannuation players have emerged, each with a view to transform the system for the next generation. Although six of the 17 new super products to enter the fray are still yet to officially launch, they have already shaken the industry's ...

Global banking ethics standard coming to Australia

HARRISON WORLEY  |  SATURDAY, 26 MAY 2018
A financial services industry group is supporting the launch of a new global banking education standard. The Ethics Education and Training for Professional Bankers Standard is the first to be released by the Global Banking Education Standards Board ...