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Showing 3181 - 3190 of 8182 results for "Institutional"

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW. While ASIC failed to prove Westpac traders had manipulated the BBSW, the bank ...

Agriculture investment under parliament microscope

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
The practical barriers to superannuation investment in Australia's agricultural sector are now the subject of a Federal Parliament inquiry. The house standing committee on agriculture and water resources will accept submissions to the inquiry as the ...

Women's leadership initiative adds men(tors)

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
Financial Executive Women has welcomed 17 male financial services executives to aid the positive progression of women in the sector. Closing the 2018 FEW Leadership Conference in Melbourne today, FEW founder Judith Beck launched a new initiative - FEW ...

$900bn of wealth soon up for grabs: Research

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
... driven by regulatory reform, predominantly FOFA and FASEA," he said. Adviser Ratings added that fragmentation of the institutional distribution model had seen advisers leave the major banks at 270% of the historical rate so far this year. Adviser Ratings ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
For 12 months starting today, employers with a history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according ...

Industry fund increases life insurance engagement

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
Members of a $9 billion industry superannuation fund are set to benefit from greater control of their life insurance arrangements. Vision Super will roll out MLC Life's group insurance digital portal, LifeView, to its 100,000 strong membership. MLC ...

Former Janus exec to lead APAC distribution for US hedge fund

ALEX BURKE  |  THURSDAY, 24 MAY 2018
... out its Asia Pacific distribution footprint; Causeway said it currently manages money on behalf of "a number of institutional clients in Australia." At Janus, Landau established the company's Melbourne office. He left after the merger that created ...

Wealth manager reviews software provider

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
... capabilities, strategy and product modelling capabilities, and cloud-based and API integrations. Midwinter head of institutional growth Salvado Saiz said the firm is delighted to be a part of Suncorp's overall vision for financial advice. "The future ...

TAL bolsters mental health capabilities

HARRISON WORLEY  |  WEDNESDAY, 23 MAY 2018
TAL has commenced rolling out new mental health coaching programs for staff. The programs - which will be delivered to TAL's frontline claim managers and people leaders - are designed to improve customer and employee mental health. Claims managers will ...

CBA sells interests in Chinese insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAY 2018
Commonwealth Bank has offloaded its stake in a Chinese life insurance joint venture for $668 million. CBA sold its 37.5% equity interest in BoComm Life Insurance to Japanese insurer Mitsui Sumitomo as per a condition of the bank's sale of its Australian ...