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Showing 471 - 480 of 1043 results for "Mutual"

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
... Barclays Capital has agreed to refund $97 million to clients for misrepresenting services and overcharging advisory and mutual fund fees. An investigation by the US Securities and Exchange Commission found Barclays overbilled clients to the tune of US$50 ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... wrapped up in March. The Customer Owned Banking Association said fast-tracking the inquiry has been a top priority for mutual banks, credit unions and building societies pushing for a fairer regulatory framework. "Currently, major banks benefit from ...

Markets ignoring climate crisis: Hewson

ALEX BURKE  |  WEDNESDAY, 26 APR 2017
... Netherlands, Kommunal Landspenjonskasse Gjensidige Forsikringsselskap in Norway, Fjarde AP-Fonden in Sweden and Ilmarinen Mutual Pension Insurance in Finland. The top 10 countries by average score are, in order: the Netherlands, Germany, the UK, France ...

Think carefully before internalising investment: PwC

EMMA RAPAPORT  |  THURSDAY, 20 APR 2017
... superannuation funds will also have to be careful that they stay efficient and focused, and don't go down the same path as the mutual life offices," the paper concluded.

Korea scopes out Aussie asset management market

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
... "We would like to see the government build on the Passport and progress regulator-to-regulator conversations regarding mutual recognition with Korea to implement the market access commitments made in the Korea-Australia Free Trade Agreement," Loane said. ...

PIMCO fund "Highly Recommended"

DARREN SNYDER  |  TUESDAY, 4 APR 2017
... Income Fund also attracted US $16.7 billion in net new inflows in 2016, outpacing all other actively managed stock and bond mutual funds in the US - according to the Morningstar Direct US Asset Flows Update as at January 2017. PIMCO head of Australia ...

Not our job to protect big insurers: APRA

ALEX BURKE  |  FRIDAY, 31 MAR 2017
... insurer and the insurer," he said. Speaking specifically about peer-to-peer life insurance, where premiums are pooled in a mutual structure and overseen by an administrator, Summerhayes argued this represented a "fundamental realignment of interest ...

Sentry Group awards industry excellence

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2017
A West Australian advice firm was named Practice of the Year in Sentry Group's 2016 Excellence Awards. Mount Hawthorn-based PMM Financial Advisors received the award at an event in Perth, with Sentry Group chief executive Murray Hills saying the non-aligned ...

Implemented Portfolios launches bespoke IMA offering

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
... value and price points, or as a true customisable IMA where required whilst maintaining flexibility and leveraging the mutual benefit for both the client and our business." Implemented Portfolios co-founder and chief executive, corporate development ...

CommInsure cleared of systemic problems

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
... customer outcomes." Deloitte reviewed 797 declined claims, identifying 41 that were referred to the board of the Colonial Mutual Life Assurance Society (CMLA) for reassessment. Of those 41 claims, eight demonstrated customer financial impact, 12 showed ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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