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Showing 401 - 410 of 1136 results for "A3 Group"

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... meet specific thresholds relating to lapsed policies. ASIC then analyses these reports as well as other data to identify a group of high-risk advisers. The resulting high-risk list is not in itself an assessment of poor quality advice, ASIC said, rather ...

MetLife scores group insurance mandate

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
MetLife has won a group insurance mandate from an $8.8 billion superannuation fund. Tasplan appointed MetLife to deliver insurance offerings to its 145,000 members, replacing incumbent group insurer CommInsure. Tasplan chief operations officer Nick ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... financial services giant. The German authorities are investigating Macquarie Bank's alleged role in lending capital to a group of "independent" investment funds. The funds were trading shares around the dividend payment dates, strategy in which investors ...

MSCI launches tobacco exclusion indexes

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
MSCI launched a series of market capitalisation weighted indexes excluding stocks involved in tobacco production. The new suite of indexes exclude all companies classified as producers of tobacco, and also excludes companies deriving 5% or more aggregate ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
A Singapore-based family office is investing $34 million in an absolute return fund run by a fintech that offers a crowdfunding loan platform for small to medium enterprises. CoAssets is headquartered in Singapore and listed on the ASX (CA8) with a ...

Centuria REIT sees $755m off-market takeover

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... to be eligible to be included in the S&P/AS200 index, the manager said. On acquiring more than 50.1%, PLG will appoint a group member to replace Centuria Property Funds No. 2's responsible entity - thereby earning an investment management fee.

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... Australia Limited - the trustee of StatePlus Super. Following a review of StatePlus' business practices, Hodge said a group of members were entitled to advice service that was not delivered. On 12 May 2017, StatePlus notified ASIC of the breach and ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
Retail superannuation funds at CBA, NAB, AMP and other institutions could face criminal charges after the Royal Commission's team of lawyers highlighted several instances where corporate and superannuation law was breached. The closing submission ...

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... will continue to remain conservative. Rainmaker's March 2018 Advantage report using APRA data shows SMSF investors as a group - including those in pre-retirement accumulation phase - are "surprisingly conservative." The Productivity Commission's May ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ...