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Showing 711 - 720 of 2662 results for "SEPA"

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...

Westpac best for ESG reporting in Australia: Report

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
Westpac Banking Corporation has been ranked as among the best in the world for ESG reporting. It was the highest-ranked company in the ASX 50 for levels of transparency on ESG issues, according to the Currie Global ESG Monitor (GEM) study. The positive ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
The corporate regulator has commenced civil proceedings against the industry superannuation fund for misleading and deceiving members in relation to switching super funds. ASIC has taken Federal Court action against Rest for false or misleading representations ...

Yarra Capital acquires Nikko AM Australian business

ELIZA BAVIN  |  TUESDAY, 2 MAR 2021
Yarra Capital and Nikko Asset Management announced that they have entered into a binding agreement through which Yarra will acquire Nikko AM's Australian business and bring back the Tyndall name. Under the terms of the agreement, Yarra will assume ...

NEOS shakes up leadership team

KARREN VERGARA  |  MONDAY, 1 MAR 2021
NEOS Life has made several senior appointments, including new leads for its actuary, claims and implementation departments. Kirshan Reddy joined as chief actuary in February after working at MLC Life Insurance as the head of profitability and performance ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
The Federal Treasurer is confident that the Retirement Income Covenant will go ahead in mid-2022 despite several issues that need to be ironed out. In addressing the 2021 Council of the Ageing (COTA) National Policy Forum on Retirement Income this morning ...

Macquarie Wrap SMAs surpass $5bn

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
Macquarie announced its separately managed accounts (SMAs) on the Macquarie Wrap platform have exceeded $5 billion in funds under administration. Macquarie said the milestone demonstrates the strength of its platform and the continued interest shown ...

Financial services eyes gig economy workers

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
Up to 20% of the financial services sector will likely comprise gig economy employees over the next five years, a study from PwC shows. More than half (52%) of the 500 financial institutions surveyed expect to hire more gig-based employees, despite ...

Wells Fargo sells asset management business

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR and Reverence Capital Partners for US$2.1 billion, while also offloading four of its closed-end funds. The sale includes Wells Fargo Bank N.A.'s ...