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Showing 4991 - 5000 of 14213 results for "Interest"

Bank chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... to resign to focus on my long-term health. In February, I underwent emergency surgery for triple heart bypass. In the interest of stability, I felt it was important for me to return to lead the business throughout 2018, by the time is now right to look ...

Two senior hires at Integrity

KARREN VERGARA  |  WEDNESDAY, 5 DEC 2018
Integrity Life announced the appointment of two senior roles ahead of launching its retail product. Julie James is the new regional manager of retail, while Cornell Hoffman joins as head of finance. After 11 years at Zurich, James will now be responsible ...

AMP replaces Regan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
AMP announced new leadership of its advice business, replacing Jack Regan. After 20 years, Regan is retiring from the group. He has been on extended leave since his damning appearance at the Royal Commission in April this year. He has been replaced ...

WAM names prospective Blue Sky LIC team

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
Wilson Asset Management has reconfirmed interest in taking over the Blue Sky LIC's management after Pinnacle withdrew its offer, naming the team that will lead it. Wilson Asset Management has put forth the name of Andrew Siew from its investment management ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
New Zealand life insurers are paying the highest commissions to financial advisers in the world and the nation's Reserve Bank is concerned about the conduct risk it is creating. According to the Reserve Bank of New Zealand's latest Financial Stability ...

Global manager wins super fund mandate

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... Briant said he's positive of winning similar mandates on the future. "In our discussions with super funds, we've seen interest in after-tax investing and factor investing as separate themes growing, so it was only a matter of time before they came together ...

Celebrities cop $1m crypto fine

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... the charges without admitting or denying wrongdoing, Mayweather and Khaled agreed to pay disgorgement, penalties and interest. Mayweather will pay $300,000 in disgorgement, a $300,000 penalty, and $14,775 in prejudgment interest. Khaled will pay $50,000 ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
The Australian Institute of Superannuation Trustees believes carve-outs in superannuation reform designed to benefit the for-profit super sector are posing big problems for Australia's retirement system. Latest research from the AIST and UTS corporate ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... consistent with sustainable growth in the economy and achieving the inflation target over time." The RBA kept the official interest rate unchanged at 1.5% that time - as it had in each of its previous monthly meetings since it dropped them by 25 basis ...

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA's handling of NAB and AMP fee for no service scandals were in the spotlight as chairman Wayne Byres was asked about the regulator's superannuation work in the final hours of the Royal Commission's public hearings. The prudential regulator reviewed ...