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Showing 6551 - 6560 of 15794 results for "TER"

Freedom acquires bank insurance arm

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Freedom Insurance Group (FIG) announced it will acquire a bank's insurance arm for $65 million. FIG has entered into an agreement to purchase St Andrew's Insurance from the Bank of Queensland in a bid to diversify its insurance products. The specialist ...

Commonwealth Super signs technology partner

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
The Commonwealth Superannuation Corporation inked a deal with an ASX-listed wealth management technology provider for greater efficiency in administering insurance claims. The CSC has signed a long-term contract with Bravura to implement its Sonata ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
The US consumer is back...and with a vengeance. Retail sales rebounded by a higher than expected 0.6% in the month of March following three consecutive months of declines - 0.1% in December, -0.2% in January, -0.1% in February - that took the annual ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
Following today's round of hearings for the Royal Commission, the Finance Sector Union of Australia (FSU) noted that "banks had better systems in place to track incoming revenue than to make sure customers had been given the ongoing advice they were ...

Lonsec names group chief executive

KARREN VERGARA  |  MONDAY, 16 APR 2018
Lonsec has appointed a new group chief executive and a director to assist the research firm's continued growth trajectory. Charlie Haynes will lead the research firm as chief executive. He brings more than 30 years' experience having worked for global ...

Blue Sky falls short of disclosure expectations

ALEX BURKE  |  MONDAY, 16 APR 2018
Following on from the opinion article by Glaucus Research, Blue Sky chair John Kain said the company has fallen short of shareholder and market expectations around transparency and disclosure. As a result of this, Kain said Blue Sky is now commissioning ...

QIC wins $550m super fund mandate

ALEX BURKE  |  MONDAY, 16 APR 2018
QIC's global private capital division won a $550 million mandate from one of Australia's largest superannuation funds. The recently-rebranded Rest, with about $50 billion in funds under management, awarded the mandate to QIC to manage a private equity ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
AMP has acknowledged hundreds of instances of misconduct in relation to the provision of financial advice between 1 January 2008 and 30 June 2015. In opening the Royal Commission's inquiry into financial advice today, Senior Counsel Assisting Rowena ...

Digital broker partners for multi-asset trading

HARRISON WORLEY  |  MONDAY, 16 APR 2018
A digital brokerage service with monthly trading turnover of over $3.5billion has integrated a global multi-asset trading platform into its offering. OpenMarkets will use Bloomberg's execution management system (EMSX); allowing users to direct equity ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
Had it not been for Trump's attack threat on Syria (now retreat) the other day, financial markets would have been dissecting the minutes of the Fed's 20-21 March FOMC meeting. There really was nothing significant except for a sentence alluding to a ...