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Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
... of 'conscious capitalism' or 'impact investing,' Brandweiner sees the virtuous circle completing over the next decade - which in time will not only improve diversity, but outcomes for society as a whole. Wavestone Capital co-founding ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
... transition. The Royal Commission is due to look at life insurance in September and superannuation trustees will front the RC next week.

KPMG acquires customer experience fintech

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
... KPMG chief executive Gary Wingrove said UDKU added to the firm's already expanding customer experience skills. "Over the next five years, almost 90 percent of companies expect to be competing on the basis of customer experience alone. The world according ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... news for the coming quarter. The drawdown in inventories in the June quarter would be followed by stock re-building in the next one, especially given the underlying strength in domestic demand. Even better is despite the solid strength in the US economy ...

Zuper opens its doors

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... invest their money, the survey of 1500 participants shows. About one-in-three will likely review their super fund in the next 12 months as a result of the Royal Commission. In light of these findings, Ellerm said future Zuper members were involved in ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... of their clients." AMP said it is also strengthening risk management and compliance controls, costing $70 million over the next two years. It has also reprioritised its portfolio review of manage for value businesses. AMP said it is committed to releasing ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... Royal Commission, but he does believe this will pass and it could offer an opportunity to invest in future years. "Over the next 12 months the chance of banks outperforming the rest of the market is high but slower credit growth could hamper it," Williams ...

Super enters new digital advice realm

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... fund said it was hoping "meaningfully increase" the number of members accessing its telephone and face-to-face advice in the next 12 months.

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... is only the first step in the reporting the breach to ASIC, he said. The findings are from an ASIC report to be released next month, one which probed breach reporting practices at about 12 big banking groups. Reporting breaches is a statutory requirement ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... in nominal wages will continue to be eroded by inflation. The wage price index increased by 2.1% in the March quarter (the next update is on 15 August) and subtracting the recent 2.1% increase in overall consumer prices means that growth in real wages ...