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Showing 6861 - 6870 of 20555 results for "BEN"

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
ASIC is warning financial advice dealer groups about the consequences of failing to correctly witness binding death nominations for superannuation benefits. The regulator said many nominations are at risk of being rejected by trustees as it has become ...

Money managers eye household debt

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
The US Federal Reserve is raising interest rates and other central banks have signalled they too will pare stimulatory measures introduced in the wake of the GFC, all of which has significant consequences for money managers in 2018. The Reserve Bank ...

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 ...

Citi veteran joins forces with listed equities manager

ALEX BURKE  |  FRIDAY, 19 JAN 2018
A long-serving Citi employee has become the deputy chief executive of a listed Australian equities investment company as part of the latter's succession plan. Newly-minted Milton Corporation deputy chief Brendan O'Dea joined Citi in 1995 as an internal ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
The independent governance expert appointed by the Australian Bankers' Association to review its consumer protection reforms, Ian McPhee, voiced his disappointment that not all participating banks have published their "overarching principles on remuneration ...

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%. MTAA Super recently renewed its long-standing partnership with MetLife to June 2020. The pair ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
... higher if possible". China's growth rate this year will be close to the number PM Li sets - faked, or manipulated, or real. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist, asset ...

Venture capital sector booming but needs greater government support

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
Millennial super fund Spaceship, artificial intelligence and machine learning companies were among the beneficiaries of Australia's booming venture capital market in 2017, but two industry bodies have called on the Government to increase its support ...

In-house education key to super success

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
One of Australia's largest superannuation funds is encouraging parents to educate children on the importance of saving for retirement as new data shows young Australians accumulate super faster than ever before. Member data released by QSuper shows ...

ASIC bans ex-CBA adviser for five years

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
ASIC banned a former Commonwealth Financial Planning adviser from providing financial services for five years. ASIC found Kimberley Holgate advised clients to rollover their existing superannuation account to a new product issued by CBA's subsidiary ...