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Showing 5501 - 5510 of 17959 results for "Bank"

Royal Commission begins in February

JAMIE WILLIAMSON  |  TUESDAY, 23 JAN 2018
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is calling for submissions ahead of its first hearing on Monday, 12 February 2018. The initial public hearing, which will see the Commissioner and Senior ...

Supervised Investments wins global fixed income mandate

ALEX BURKE  |  MONDAY, 22 JAN 2018
... obligations. It has returned 6.5% per annum over the five years to 31 December 2017 and is benchmarked to the Bloomberg AusBond Bank Bill Index, which returned 4% over the same period. "Supervised Investments has a long track record of delivering strong ...

SMSFs shifting focus for diversification

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
Australia's self-managed superannuation fund investors are gaining confidence in international equities and paying more attention to new, innovative sectors. New data from nabtrade shows SMSF investment in international shares, domestic ETFs, mFunds ...

Commonwealth Bank launches chatbot banker

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
Commonwealth Bank customers can now complete more than 200 banking tasks using a newly-launched chatbot. Leveraging artificial intelligence, the bank has launched Ceba, a 24/7 chatbot capable of recognising about 60,000 variations of questions regarding ...

Money managers eye household debt

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... measures introduced in the wake of the GFC, all of which has significant consequences for money managers in 2018. The Reserve Bank of Australia is also expected to begin stepping back from historically low interest rates, though economist Saul Eslake ...

Netwealth signals managed account growth, business upgrades

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
... launch an Android version. In its quarterly update netwealth told shareholders the business also plans to extend its external bank feed to capture transactional data and provide a complete view of a client's wealth. In December the platform introduced ...

Life insurance consumers shun financial advisers

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
Australians are increasingly relying on the internet and digital devices to purchase life insurance instead of financial advisers, a new study from NobleOak shows. Almost half (43.6%) of the 1000 respondents in NobleOak and Pureprofile's 2017 life insurance ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
... McPhee was overall positive about the progress being made by the banks to enact the ABA initiatives package, he said AMP Bank, Arab Bank, HSBC, ING Direct, MyState and Qudos Bank have yet to publish their overarching principles on remuneration and incentives ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
... market expectations for an easing to 6.7% predicated on the slowing effects of the central government's and the People's Bank of China's (PBOC) crackdown on overcapacity, pollution, excessive leverage and rising debt to contain financial risks. Even ...

Former advice dealer group chief executive surfaces

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
A leading corporate advisory firm has added the former chief executive of a Countplus subsidiary to its executive lineup. Former Total Financial Solutions chief executive Marcelo Fernandez joined Chase Corporate Advisory this week, focused on growing ...