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Showing 3311 - 3320 of 20552 results for "BEN"

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
ASIC has brought 30 criminal charges against Commonwealth Bank for mis-selling consumer credit insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance ...

CMC Markets buys ANZ Share Investing

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy. The transaction will see 500,000 ANZ Share Investing clients with total assets in excess ...

BNP Paribas launches sustainable trusts

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
BNP Paribas Asset Management Australia launched three global sustainability trusts to meet demand from Australian and New Zealand clients. BNP Paribas' Green Bond Trust, EARTH Trust and China Equity Trust adhere to the firm's global sustainability strategy ...

QIC builds infrastructure debt team

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
QIC is continuing to expand its private debt footprint outside of Sydney and New York, with a new appointment. Nicholas Stockdale will join QIC Private Debt in London as the head of infrastructure debt, Europe. He will report to QIC head of infrastructure ...

Former super fund chief defends tenure

JAMIE WILLIAMSON  |  THURSDAY, 16 SEP 2021
The former chief executive of EISS Super has spoken out about his decision to depart the fund in the wake of media scrutiny and the fund's failure of the APRA performance test. Alex Hutchison resigned as chief executive of EISS Super on September ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... said. The Financial Planning Association of Australia also welcomed the amendment. Head of policy, strategy and innovation Ben Marshan said given this would have been the vast majority of reporting required by financial planners in relation to TMD, this ...

Monster trade in BlackRock's IOZ

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
A mystery buyer bought $370 million worth of IOZ units, in a trade size not often seen in Australian ETFs. IOZ tracks the ASX S&P 200 and the trade arrived pre-market open on Friday. Citi handled the trade and confirmed it was involved and facilitated ...

Totus hires from Winton

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
... intermediary, wealth management, HNW and family office space channels. Pearce reports to Totus Capital's founder and managing partner Ben McGarry. She was most recently a senior vice president, client solutions at Winton. She worked on Winton's Australian ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
Colonial First State is reducing insurance premiums in its super funds, in a move that should benefit 220,000 members. Members of FirstChoice Employer Super, Essential Super, FirstChoice Personal and FirstChoice Wholesale Personal super products will ...

Pension fund backs Aussie insurance distributor

JAMIE WILLIAMSON  |  TUESDAY, 14 SEP 2021
... proposition and our commitment to the long-term growth of the business." Also commenting, OTPP senior managing director Asia Pacific Ben Chan said the investment is consistent with the pension fund's strategy of investing in leading financial services ...