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Showing 741 - 750 of 2030 results for "Let"

Star managers address low returns

KANIKA SOOD  |  TUESDAY, 30 OCT 2018
Portfolio managers of L1 Capital's billion-dollar listed investment company have addressed its underperformance after it delivered -6.3% for the quarter. The long/short listed investment company listed in April after raising $1.3 billion in the ...

Chief investment officer retires

DARREN SNYDER  |  TUESDAY, 30 OCT 2018
The chief investment officer at a prominent Australian asset manager is retiring after working at the firm for 12 years. Wilson Asset Management chief investment officer Chris Stott will soon retire to spend more time with his young family. Chairman ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... about what the central bank would like to see in payments next. In February, RBA launched New Payments Platform (NPP) which let consumers make fast payments 24x7, all year round. This was made possible by the central bank's new service called the ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
The BGH Capital-AustralianSuper consortium has made another bid to acquire Healthscope, five months after the company rejected its previous bid. BGH-AustralianSuper is offering to pay $2.36 per share for the private hospital owner-operator. This offer ...

Advisers gain FASEA credits for existing qualifications

HARRISON WORLEY  |  SUNDAY, 14 OCT 2018
In his maiden speech to the financial advice industry, Assistant Treasurer Stuart Robert has revealed some advisers will receive up to four credit units of recognised prior learning under FASEA's new education requirements. Addressing delegates ...

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... complexities and issues with adviser service fees and grandfathered commissions we cannot see any justification for a review, let alone removal of life insurance commissions." The body will have more to say in its subsequent submission "with respect ...

Hayne admonishes ASIC

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... accepted an entity's request for time to take steps to remedy past misconduct or prevent future breach without examining, let alone examining closely, whether that time is needed," he wrote. Worryingly, ASIC also has a preference for "easily won ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
An AMP non-smoking superannuation fund member was charged excessive premiums of up to $72,000 after he was unknowingly defaulted as a smoker, the Royal Commission heard this morning. AMP group executive wealth solutions and chief customer officer Paul ...

TAL hired private investigator to follow claimant: Royal Commission

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
TAL went to great lengths to get out of paying insurance claims to a nurse which involved hiring a private investigator who followed her around the country, the Royal Commission heard today. Newly-appointed TAL general manager of claims Loraine van ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...