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Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... company needed to retain as much working capital as possible if the retirement exemption were to be used in the future. The next session by BT Advice Capability & Conduct senior technical specialist Janet Manzanero-Caruana looked at aged care case studies ...

AMP slides off ASX top 20

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... 200. Taking a spot on the index is point-of-service finance company AfterPay Touch, alongside Inghams Group and Appen. The next rebalance of the S&P/ASX 20, 50, 100 and 200 index constituents is expected on the third Friday of September.

AustralianSuper exec makes next top CIO list

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
An AustralianSuper investor is featured on a new list of 50 finance professionals whom recruiters say are currently the most coveted for chief investment officer (CIO) roles. The $129 billion superannuation fund's head of portfolio construction ...

Super State of Origin: Who wins?

DARREN SNYDER  |  WEDNESDAY, 6 JUN 2018
... stories of this year's State of Origin series is Intrust Super, inking a deal to sponsor the Queensland Maroons for the next five years. Intrust Super is also the naming rights sponsor of Queensland's and New South Wales' premier statewide ...

Life insurer early intervention a win: Research

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... for Australians in need. Should the reforms pass, Cadence Economics quantified government savings of $1.12 billion over the next two decades; more people in the workforce will contribute $405.7 million to the economy by 2040. FSC chief executive Sally ...

Charges laid in ANZ criminal cartel conduct case

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Six senior executives from ANZ, Deutsche Bank and Citigroup will face a Sydney Court next month after the Commonwealth Director of Public Prosecutions (CDPP) laid charges against the cohort today. Executives facing criminal conduct charges have been ...

Members abandon bank-aligned group insurers

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... larger wealth groups move away from owning and providing capital for life insurance offerings, this will likely lead to the next market share shake up, Rainmaker noted. Large insurers such as MLC and OnePath are pursuing different growth strategies in ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on record that the next move in interest rates will be up but financial markets don't expect the "up" until around the second quarter of next year. ...

Chapmans passes on blockchain investment

KANIKA SOOD  |  MONDAY, 4 JUN 2018
... Securrency in March. At the time, it said Chapmans would get direct representation on the regtech-fintech's board with its next US$1 million investment. The two were also working together to finalise a strategic channel partnership to develop white-labelled ...

Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
... expenditure in the March quarter of this year (Trump officially declared "war" on March 1 when he announced that "sometime next week, we'll be signing" the imposition of a 25% tariff on steel imports and 10% for imports of aluminium. Australian actual ...