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Showing 561 - 570 of 3187 results for "Times"

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... of this action, ASIC deputy chair Karen Chester put the timeshare industry on notice, warning that it must comply at all times with its obligations like other financial advisers. "Timeshare schemes are complex financial products. They can be difficult ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... members' needs. This year, LUCRF Super dropped its ADL definition, saying that the test has come under scrutiny in recent times by both regulators, consumer groups and the wider financial services industry. "The insidious nature of these restrictive ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... An ASIC investigation also found that phone-based sales practices of Let's Insure, a subsidiary of Select, had three times more inappropriate life insurance sales tactics than the other firms under review. BOQ acquired St. Andrew's in 2010 from the ...

Abrdn launches new strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
... financial future and retirement. It was incepted in 2019 and actively manages around 30 systematic hedging strategies at all times, brought together within the one solution. It is a defensive strategy that targets a strong negative correlation to equities ...

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... driving fees down is the retail sector's way of competing with the not-for-profit sector. Retail fund admin fees were 3.5 times that of not-for-profit funds in 2010. This ratio has now halved but remains at 2.0 times, he said "The cheapest retail ...

Greater diversity needed outside ASX 200: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... technology officers, executive general managers and chief executives of subsidiaries. While much has been said in recent times about the progress the ASX 200 is making, when it comes to financial services companies in the ASX 200, women comprise just ...

Montgomery adds to global strategy

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... capital, historical average annual mid to high teen earnings per share growth and which we believe could grow two to five times larger." Polen has about US$60 billion in total assets, with offices in the UK and US.

Pendal makes changes in BIDS business

JAMIE WILLIAMSON  |  WEDNESDAY, 6 OCT 2021
... cash, rates and income," he said. He added that Gor has been focused on developing alternative duration strategies in recent times and this will continue, with the group currently formalising his responsibilities. However, Brandweiner did say Gor will ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... in 2022," he said. "In particular, regulators are taking a keen interest in lending at debt-to-income levels of above six times, which has been increasing since the third quarter of 2020. In plain English, borrowers might not be able to borrow as much ...

Advice group appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 28 SEP 2021
... as interim chief executive. "We thank Peter for stepping up and guiding the business in very difficult and unprecedented times of economic, social and financial uncertainty," he said. Coleman is also chair of Profile's board and has been serving as chief ...