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Showing 3501 - 3510 of 8611 results for "DIF"

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
Group insurers are finding themselves pressed for resources as they race to meet the Federal Government's July 2019 deadline to cull the default opt-ins for group insurance. MetLife head of reinsurance and regulatory affairs James Carey said the ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...

AFCA funding lacks transparency: AIST

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
The Australian Institute of Superannuation Trustees slammed the lack of transparency around how the Australian Financial Complaints Authority will operate and be funded. The Federal Government recently released its AFCA funding model overview, which ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...

Tenders on the menu for UK pension schemes

HARRISON WORLEY  |  TUESDAY, 24 JUL 2018
The UK competition regulator is proposing regulatory changes designed to ensure pension schemes pressure the market into providing the best value for members. The Competition and Markets Authority (CMA) is concerned competition problems exist within ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
Among its latest witness list, the financial services Royal Commission managed to capture about 50% of both the retail and industry superannuation fund segments in terms of funds under management. Rainmaker analysis shows superannuation funds called ...

Custodian strengthens front-office with $3.5 billion acquisition

KANIKA SOOD  |  MONDAY, 23 JUL 2018
A $46 trillion global custodian is set to acquire a front office solutions developer to strengthen its servicing platform for asset managers and asset owners. State Street has entered a definitive, all cash agreement to acquire Charles River Systems ...

Three attempts at adviser exam is fair: Poll

KARREN VERGARA  |  MONDAY, 23 JUL 2018
Three attempts to pass the Financial Adviser Examination is welcomed by Financial Standard readers, the publication's latest spot poll shows. Overall, the exam's content, structure and 65% scaled pass score as proposed by the Financial Adviser ...

BTFG flags platform overhaul

HARRISON WORLEY  |  MONDAY, 23 JUL 2018
BT Financial Group is introducing a new fee structure for BT Panorama and offering a compact version of the platform. It is also releasing an online adviser services hub later this year. BTFG announced a raft of changes to its platform offering today ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
US President Donald Trump has again upped the rhetoric against China (which of course, brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently ...