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Showing 451 - 460 of 3303 results for "RIC"

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...

Mercer partners with platform

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
Mercer has announced a new strategic partnership with eVestment, a Nasdaq platform and institutional data and analytics specialist. Effective immediately, asset owners will be able to access Mercer's library of public and private markets research, ratings ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
The Delta variant that's doing the rounds in Greater Sydney crossed the Victorian border last week - prompting a five-day lockdown in the state at about the same time that NSW imposed tighter restrictions. Previous to this and conducted "through ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
VanEck Australia has launched its first externally managed active ETF in partnership with a Sydney credit boutique. The VanEck Bentham Global Capital Securities Active ETF (Managed Fund) (ASX: GCAP) invests in Tier 1 (AT1) securities, contingent convertibles ...

Lying rife in life insurance applications

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
Nearly 20% of Australians have lied on their life insurance application to get a cheaper policy, new research shows. Comparison site Finder's latest research revealed 3.8 million people have lied on their life insurance application. Men were found to ...

New shareholder at Challenger

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Will Vicars' Caledonia has sold its 15% stake in annuities giant Challenger to Athene Holding Limited and Apollo Global Management. Athene and Apollo, which are set to merge, now own 18% or $720 million of Challenger shares. Of this, 3% is subject ...

AMP Life CIO moves to HESTA

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
HESTA has a new head of portfolio management, nabbing the former chief investment officer for AMP Life. Jeff Brunton will move to the $62 billion industry fund, after a year as chief investment officer at AMP Life, followed by a year as deputy chief ...

Life insurance drives economy: Research

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The life insurance industry has emerged as a key driver of global economic growth, new research shows. The latest MetLife Value of Life Insurance report aims to increase customer engagement and noted life insurance provides stable, long-term investment ...

Super funds back space travel

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Several industry superannuation funds are helping fuel the mission of a spacecraft technology start-up that is due to orbit into space in 2022. HESTA, Hostplus and NGS Super are part of a consortium backing Queensland-based Gilmour Space Technologies. ...

UHNWs drive record luxury real estate demand

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
According to research from Knight Frank, it's never been a better time to be a property developer or real estate agent catering to the needs of the super-rich. Demand for prime residential properties in Australia is at an all-time high, and Knight Frank ...