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Siri and Alexa: The future of banking?

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
Using artificial intelligence to do all your personal and business banking from the comfort of your own home may be closer than you realise, NAB predicts. NAB executive general manager, digital and innovation Jonathan Davey said the proliferation of ...

Government releases super tax measures for consultation

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The Government has released its draft legislation regarding taxation integrity measures for the superannuation system. The consultation paper addresses two specific measures: the first concerns a member's share of the outstanding balance of a limited ...

Aviva wholesale sales head departs

ALEX BURKE  |  FRIDAY, 12 JAN 2018
The head of wholesale sales at Aviva Investors has left the company and a recruitment process is underway to find his replacement. Karl Linder joined Aviva in 2015 and was responsible for building out the firm's wholesale wealth management business. ...

Potential windfall to be found in super reforms

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2018
... locked into individuals' super," Dale said. As of 1 July, superannuants with an account balance of less than $500,000 at the close of the previous financial year will be able to access a higher annual cap and contribute the remaining unused concessional ...

Former Perpetual manager moves to advice firm

EMMA RAPAPORT  |  WEDNESDAY, 10 JAN 2018
A former Perpetual national practice development manager has accepted a position at a regional financial advice firm. Lisa Gamble recently joined Newcastle-based Infinity Wealth and Financial Services as the firm's business manager, with oversight for ...

Zurich sells Singapore life business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
... Life Singapore's existing life, critical illness and disability policies. It follows Zurich's decision in December 2015 to close its books to new business. The sale will not impact any of Zurich's other life or commercial insurance businesses in the ...

Australians raid super to pay for medical expenses

EMMA RAPAPORT  |  WEDNESDAY, 10 JAN 2018
... victims of crime compensation. Public submissions for the Treasury review into the early release of superannuation benefits close on February 12.

Leading tech company farewells NZX

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
... company will delist from the Main Board of the NZX on 2 February 2018, with its ordinary shares to cease to be quoted from close of business on the same day. In November of last year, Xero announced it would consolidate its listing on the ASX as part ...

WAM pulls out of takeover deal

ALEX BURKE  |  MONDAY, 8 JAN 2018
... conditions. The relevant condition in this case was that "no material transactions" would occur between November 8 and the close of the offer. However, on December 11, Molopo updated shareholders regarding its investment in Florida oil and gas exploration ...

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
Shareholders in the class action against the Commonwealth Bank will receive funding from two IMF Bentham investment vehicles with aggregated capital of $150 million, moving a potentially record-breaking class action against the bank one step closer. ...