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Showing 561 - 570 of 1886 results for "CIRC"

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
While the events of 2020 showed superannuation funds manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for ...

Atlas Wealth launches mortgage brokerage

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
Atlas Wealth Management has launched a mortgage-broking business and appointed a director to help expatriates buy property in Australia. Atlas Mortgages is led Jeremy Harper as director, an experienced mortgage broker who's also worked in accounting ...

Tech, behavioural science to engage clients

ANNABELLE DICKSON  |  WEDNESDAY, 14 APR 2021
Wealth managers and financial advisers are encouraged to use technology and behavioural tools to assist clients in making better financial decisions, according to behavioural finance experts. Oxford Risk said blending technology and behavioural science ...

Honan launches reinsurance offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 APR 2021
Honan has announced it will enter the reinsurance market through the launch of Honan Re. Honan Re commenced operations in April 2021, based in Singapore and headed by Honan Asia managing director Eliza White. It will offer facultative reinsurance solutions ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
Vanguard is the latest fund manager to have its branding used by scammers spruiking fraudulent bond funds. The asset manager said scammers are buying advertisements on search engines for terms relating to "bond or high yield investments". When a person ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

Aware to restructure advice offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
One of Australia's largest superannuation funds, Aware Super, is restructuring its financial advice team in a move which will result in redundancies. The $130 billion fund said it has observed a trend away from ongoing advice contracts and towards on-demand ...

Brian Hartzer to release leadership book

ELIZABETH MCARTHUR  |  TUESDAY, 23 MAR 2021
Former Westpac chief executive Brian Hartzer will release a professional development book on effective leadership in April. The leadership star: A practical guide to building engagement is due out next month, presents a five-point framework developed ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...