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Showing 3941 - 3950 of 10553 results for "BEI"

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
The Productivity Commission reinforced several recommendations flagged in mid-2018 in a bid to modernise the $2.7 trillion industry, which included shaking up the default sector. The Commission handed down 31 recommendations in its final report in assessing ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Major industry associations collectively agree that the Productivity Commission's final report reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland ...

TAL and Zurich lead inflows, CommInsure lags: Strategic Insights

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Latest figures from research group Strategic Insights show mixed results for the country's largest insurers. Overall, the life insurance sector grew steadily by 1.7% year-on-year and reached $16.5 billion. However, it was a mixed result for the ...

AXA IM backs Japanese logistics

DARREN SNYDER  |  TUESDAY, 8 JAN 2019
A sovereign wealth fund and an Asia Pacific real estate developer have teamed with AXA Investment Managers' real assets division to create a Japanese logistics business. The joint venture is being established through the purchase of six logistics assets ...

UK loses £800bn in assets amid Brexit fears

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
The financial services sector has moved about £800 billion ($1.4 trillion) of assets out of the UK to Europe since the Brexit referendum took place more than two years ago. This is according to EY's Brexit Tracker, which flagged the figure as fairly ...

ASIC to examine super fund and employer connections

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
ASIC confirmed it will look further into the links between superannuation funds and employers in 2019. ASIC said one of its 2019 priorities is to examine the relationship between superannuation funds and employers, who assume great responsibility in ...

Advice dealer group, fintech align

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
A national financial advice licensee partnered with an innovative investment platform. Advisers licensed by Elders Financial Planning can now access Cashwerkz, a term deposit administration service and cash management platform. Advice clients can access ...

Andrew Boal departs Willis Towers Watson

JAMIE WILLIAMSON  |  MONDAY, 7 JAN 2019
After about 30 years at Willis Towers Watson, Andrew Boal has left the business and his successor has been named. Willis Towers Watson said Boal decided to leave the business, with Australasian operations now being streamlined to better align with the ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
Happy New Year! I wish you one, although undoubtedly you've all been wished the same thing many times over from the lead up to Christmas and some are still coming in seven days into 2019... better late than never. You, I and Irene certainly need ...

ASIC and Westpac court battle sees mixed outcome

DARREN SNYDER  |  FRIDAY, 4 JAN 2019
A landmark Federal Court judgment has provided greater clarity between general and personal financial advice, ruling in favour of Westpac's position. Yet the bank still managed to breach the Corporations Act. Judge Jacqueline Gleeson said ASIC failed ...