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Showing 481 - 490 of 807 results for "Group of 20"

Investec launches banking products for advisers

LAURA MILLAN  |  MONDAY, 18 NOV 2013
Investec Australia is tapping into the financial planning sector with the launch of a personal banking offering for advisers. The bank already works with about 250 independent advice firms and manages approximately $750 million of client funds, but ...

Catholic Super sets up direct investment platform

LAURA MILLAN  |  WEDNESDAY, 2 OCT 2013
Catholic Super has partnered with Lonsec to provide its members with a direct investment platform to invest in term deposits and ASX-listed securities. Catholic Super's new investment service aims at providing members with greater control and flexibility ...

New adviser service speeds up dealer group creation

LAURA MILLAN  |  MONDAY, 30 SEP 2013
The growing adviser demand to operate under their own licence has prompted the partnership of two companies to assist advisers create their own dealer group. My Dealer Services and Libertas Solutions will help advisers to obtain an Australian financial ...

Judge orders end of class action against WealthSure

LAURA MILLAN  |  MONDAY, 23 SEP 2013
The Federal Court of Australia has ordered the class action against WealthSure to stop, but it will allow members to continue the proceedings individually. Members of the class action were former clients of Colin James Oberg, a former WealthSure adviser ...

ClearView reports 92% drop in profits

JAMES FERNYHOUGH  |  TUESDAY, 27 AUG 2013
Financial planning dealer group ClearView has reported a 92% drop in profits from last year, with net profit after tax (NPAT) of $1.9 million. This compares to NPAT of $22.3 million last year. Clearview also saw a drop in underlying NPAT, putting the ...

Reporting season reveals insurance black spots

MARK SMITH  |  MONDAY, 26 AUG 2013
A spike in lapse rates and an increasing number of people claiming total and permanent disability (TPD) may lead to an overhaul of products and a surge in premiums some senior industry professionals think. The current reporting season reveals that many ...

AFS advisers denied access to brokerage account

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
The Federal Court of Australia has denied access by former Australian Financial Services Group (AFS) advisers to the money in a brokerage account of the group, which would pay for some of the money owed to advisers. The account holds about $1.9 million ...

AIA tackles spike in mental illness-related claims

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Life insurer AIA Australia has launched a paper exploring ways of getting employees suffering from mental illness back into work, after a spike in total and permanent disability (TPD) claims has put serious pressure on the life insurance industry. The ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
The Federal Court of Australia has determined that "a substantial wrong" occurred on May 2013 when a judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by ...

The life insurance sustainability challenge

ALICE URIBE  |  FRIDAY, 2 AUG 2013
Australian retail and group insurance markets need a greater focus on risk selection so that insurers can return to sustainable long-term profitability, Alain NA(C)emeh, executive vice president, Australia and Canada at Reinurance Group of America (RGA) ...