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Showing 41 - 50 of 142 results for %22Australian Mutual Bank%22

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... ETFs. We think we can do better." Michalakis says that over the long term, its managers have achieved "good alpha" for Australian and global shares and bonds, and there's been no need to incorporate ETFs. Every year, Statewide tests the case for ...

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
Australian Banking Association chief executive Anna Bligh's call for mutual banks, credit unions and building societies to adopt the ABA's new banking code of practice has been labelled "gratuitous" by an industry body which says a better code of practice ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
The Australian Banking Association (ABA) believes the new Banking Code of Practice standards should be adopted across the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... fees-for-no-service issue made headlines, including its admissions of misleading the corporate regulator. Last week the mutual recorded a 74% drop in profits, after copping a $290 million remediation bill following its appearance at the Royal Commission. ...

Australian Unity expands investment bond offering

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
Australian Unity announced 13 new investment managers have joined its Lifeplan Investment Bond. The national health, wealth and living mutual company also unveiled 24 new investment bond options for its investment bond offering. Lifeplan Investment ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... 1000 participants it canvassed trust the big four banks. Australians are more likely to trust building societies (15%), mutual banks (17%) and credit unions (18%), it said. COBA chief executive Michael Lawrence said: "We are not surprised to see trust ...

Asset manager awards admin mandate

KARREN VERGARA  |  FRIDAY, 15 JUN 2018
An Australian alternative asset manager has awarded a fund administration mandate to US firm SS&C Technologies. SS&C Technologies marked Global Merces as its first Australian client since the acquisition of DST earlier this year. The Nasdaq-listed company ...

AustralianSuper recruiting new property lead

JAMIE WILLIAMSON  |  FRIDAY, 25 MAY 2018
... previously been head of property at Perpetual. Prior to this he held fund management roles with Deutsche Bank, AXA and National Mutual. A spokesperson for AustralianSuper said: "The fund is recruiting for a new head of property and anticipates that the ...

Only 17pct of Aussie families seek advice: St.George

HARRISON WORLEY  |  TUESDAY, 15 MAY 2018
Latest research from St.George Bank highlights only 17% of Australian households seek financial advice. The bank's research also said 70% of parents taught themselves how to budget, however 43% did say there was some prior learning from their parents. ...

Former Bennelong chair joins Copia

KANIKA SOOD  |  THURSDAY, 15 MAR 2018
... non-executive chair at Praemium. He was the chair of Bennelong Funds Management from 2010 to 2014. Loveday is fellow of the Australian Institution of Company Directors and also served as the director of the Australasian Investor Relations Association. ...