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Showing 3401 - 3410 of 8591 results for "SIM"

Super funds react to market sell off

KANIKA SOOD  |  MONDAY, 29 OCT 2018
AustralianSuper and Equip Super are among the superannuation funds reassuring members as the S&P/ASX 200 slid close to its lowest in a year last Thursday. On October 25, The S&P/ASX 200 closed more than 6% lower than at the start of the year, on the ...

Asset management business models need a rethink: panel

HARRISON WORLEY  |  FRIDAY, 26 OCT 2018
From conventional methods to manage investments to the role of blockchain in the future, an industry panel session debates what business models have the power to disrupt financial services. Appearing on a panel at the SIBOS conference in Sydney this ...

Cybersecurity fit for a $16bn insurer

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
The SIBOS audience got a glimpse into how an ASX-listed insurer set up its safety net against cybersecurity threats in partnership with Ernst and Young, and the side benefits that came with it. IAG underwrites $11.4 billion of premiums every year across ...

Challenger appoints new chief executive

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Challenger's top job is seeing a change of guard as its chief executive of six years Brian Benari steps down to retire. Replacing Benari is Challenger's head of distribution, product and marketing Richard Howes. Benari will step down from the ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this ...

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
AMP will exit life insurance in 2019, following a $3.3 billion sale of its wealth protection business. It will also divest its New Zealand wealth management and advice businesses via an IPO. The completion of an AMP portfolio review led to the divestments. ...

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Challenger is ramping up its distribution capabilities by launching its annuities on a fifth platform. Challenger fixed-term and lifetime annuities will launch on the netwealth platform. It follows an announcement in August that saw products made available ...

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
The cryptocurrency venture once supported by a former Australian cricket captain has folded. Brisbane-based start-up Global Tech was in the midst of an Initial Coin Offering which it says has now ceased in accordance with ASIC requirements. The cryptocurrency ...

Raiz to launch group insurance products

KARREN VERGARA  |  TUESDAY, 23 OCT 2018
A partnership between Raiz Invest and Swiss Re will launch new products attempting to disrupt the group insurance market. Raiz, the micro-investing platform, announced it is helping develop a tailored life insurance product within superannuation that ...

CFS strikes strategic distribution deal

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
Colonial First State entered a strategic alliance with a global investment manager that will see Australian investors gain access to a new global equities fund. CFS is partnering with Baillie Gifford to distribute the Baillie Gifford Long Term Global ...