Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 501 - 510 of 7576 results for "Deal"

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... insurance claims. "When families have a bereavement, you would expect that the super fund will do the right thing and quickly deal with the claim. In some cases, funds are asking for multiple death certificates to be produced, which seems incredibly ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
ASIC has launched legal proceedings against Cbus over delays in the processing of insurance claims made by members. Court documents were filed by ASIC in the Federal Court today, alleging members were impacted by delays to death and TPD claims processing ...

LGT Crestone takes over remainder of Commonwealth Bank's advice business

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024
LGT Crestone has inked a deal to scoop up Commonwealth Bank's (CBA's) remaining personal advice business, which serves high-net-worth and ultra-high-net-worth clients. Commonwealth Private Advice has around 500 clients with assets exceeding $5 billion. ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
The Australian Financial Complaints Authority (AFCA) revealed some of the most common systemic issues it saw in the second half of FY24, including continued non-compliance with the Protecting Your Super regime. According to the Systemic Issues Insights ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... subsidiary, claiming material breaches of contract and pre-contractual misrepresentations. ESSSuper and Iress first signed a deal in October 2019 for administration services, with the fund signing on to outsource its admin function to Iress' Automated ...

Prime Super names investments lead

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
Prime Super has recruited a former Media Super chief investment officer to lead the investment team. Michael McQueen joins the $7 billion industry fund as general manager of investments, replacing Jane Kang who left last year. In the new role, McQueen ...

Perpetual reveals new leadership structure

JAMIE WILLIAMSON  |  FRIDAY, 8 NOV 2024
... the technology and operating platforms, data governance, change management, and strategic vendor partnerships after the KKR deal is finalised. Following that, the human resources function will also transition to MacNevin. Under the changes, current chief ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
The Financial Conduct Authority (FCA) has introduced new transparency rules for bonds and derivatives markets and wants to expand payment options for investment research used by institutional investors. The regulator said it is making changes to the ...

CFS, Viridian Advisory launch low-cost advice deal

KARREN VERGARA  |  MONDAY, 4 NOV 2024
Colonial First State (CFS) and Viridian Advisory have teamed up to offer a low-cost version of financial advice that starts at $500. The arrangement, available to CFS FirstChoice superannuation, pension, and investment clients, enables those who do ...