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Showing 701 - 710 of 1431 results for "Channel"

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... can make per day. According to AUSTRAC, in the six months between January 2016 and June 2016, cash deposits through this channel grew to $5.81 billion. Under the Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF), deposit taking institutions ...

Direct life insurance review underway: ASIC

KARREN VERGARA  |  FRIDAY, 28 JUL 2017
A major review investigating why some consumers are worse off from purchasing life insurance via direct channels is underway. ASIC senior executive leader and regional commissioner, Michael Saadat, told the FSC Leaders Summit this week that the corporate ...

Millennial disengagement dire for economy: FSC

KARREN VERGARA  |  THURSDAY, 27 JUL 2017
... that have get rewarded. The Commonwealth Bank's Essential Super experienced a 37% increase in members via its digital channel last year, of which almost 90% were aged between 18 and 24," she said by way of example.

Investment managers turning to hungry retail market

ALEX BURKE  |  MONDAY, 24 JUL 2017
... Cooper explained he had seen strong interest in his firm's funds from high-net-worth investors and financial advisers. Channel Capital has also been on a distribution drive to open up specialist managers to the retail market. The retail vehicle for the ...

Asset managers feeling profit squeeze

KARREN VERGARA  |  FRIDAY, 21 JUL 2017
Profit margins of asset managers globally contracted for the first time since the Global Financial Crisis, research from the Boston Consulting Group shows, warning fee pressures are continuing to rise across the industry. Despite global assets under ...

VicSuper launches digital advice free from super speak

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUL 2017
Members of VicSuper now have free access to round-the-clock financial advice via an online coach, providing guidance on superannuation and retirement. Designed to improve member engagement, the Beeline service offers members direction around additional ...

XTB adds bond SMA to Macquarie Wrap

EMMA RAPAPORT  |  TUESDAY, 27 JUN 2017
XTB is expanding its pure fixed income separately managed account solution onto Macquarie Wrap. The ACBC Fixed Income No. 1 Model Portfolio was first available to financial advisers in February using Praemium SMA and SuperSMA platforms, and invests ...

ING restructures, creates distribution head role

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2017
... restructuring of ING's distribution operations aims to ensure a more positive customer experience, regardless of their preferred channel. "We have customers who have come to us directly for their everyday banking, but they may have a mortgage with us ...

Industry stars recognised at 2017 MAX Awards

JAMIE WILLIAMSON  |  FRIDAY, 16 JUN 2017
... award is a fantastic endorsement of all the work we've been doing over the last four years in the retail distribution channel and it's an amazing recognition of the distribution efforts we've got here in Australia and the quality of product." "Congratulations ...

Better, but not good enough

BENJAMIN ONG  |  THURSDAY, 8 JUN 2017
"Better, but not good enough": this is how the Organisation for Economic Cooperation and Development (OECD) sees developments in the global economy. The OECD also answered its own question - "Will risks derail the modest recovery?" - initially posted ...