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Showing 4441 - 4450 of 10705 results for "May 2012"

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
ANZ's attempted sale of a subsidiary business to a Chinese firm has been blocked by New Zealand's Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ ...

Early super release consultation opens

KARREN VERGARA  |  THURSDAY, 21 DEC 2017
The Federal Government's proposed changes to the early release of superannuation are open for consultation until 12 February 2018. The review will also consider compassionate and severe financial hardships, as well as terminal medical conditions and ...

AustralianSuper launches insurance-free product

KARREN VERGARA  |  WEDNESDAY, 20 DEC 2017
AustralianSuper has launched a new product that will combat superannuation account balances eroding from insurance premiums. Super Only protects short-term workers' accounts employed under the Supported Employment Services Award. Disability supported ...

Super SA appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
Super SA is welcoming a new chief executive, joining from an $8 billion industry superannuation fund. The super provider for South Australia's public sector has appointed Dascia Bennett to lead the fund. Bennett was most recently head of customer at ...

ASIC takes further action against MyPlanner

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
Following on from ASIC's recent action against privately-owned MyPlanner, one of the dealer group's advisers has now agreed to refrain from providing financial services. The regulator has accepted an enforceable undertaking from James Fraser as a result ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
What a difference seven months made. More specifically the time Budget 2017-18 was released last May to the Mid-Year Economic and Fiscal Outlook (MYEFO) released yesterday. The difference is A$5.8 billion. This is the improvement in the country's budget ...

CommInsure life insurance ads misleading: ASIC

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
The final investigation into CommInsure will see the life insurer pay $300,000 to a community group after ASIC raised concerns about misleading advertisements for two of its life insurance policies. An investigation between mid-2013 to March 2016 found ...

Spring FG acquires $200m dealer group

ALEX BURKE  |  MONDAY, 18 DEC 2017
Listed wealth firm Spring Financial Group has acquired a dealer group with a combined $200 million in funds under advice. Under the terms of the acquisition, Spring FG will pay a total consideration of $1.67 million to acquire all issued capital of ...

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
The Insurance in Superannuation Working Group is urging superannuation trustees to sign up to its voluntary life insurance code of practice, which will come into effect 1 July 2018. To eschew account balance erosion, super trustees under the code will ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
Markets hate uncertainty and surprises. We all know this and this truism was in full display this year and more recently, Wall Street's climb to fresh record highs over the weekend following the Fed's expected and well-telegraphed 25 basis point rate ...