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Showing 741 - 750 of 1668 results for "Origin"

Industry veterans join global commission

DARREN SNYDER  |  MONDAY, 24 SEP 2018
... launder proceeds generated by modern slavery and human trafficking into the formal financial sector to hide their illicit origin, the Commission's website said. The commission is also considering a "concrete roadmap" to accelerate action by the financial ...

Industry fund names member services lead

JAMIE WILLIAMSON  |  FRIDAY, 14 SEP 2018
A $50 billion superannuation fund has promoted from within to appoint its new head of member services. Rest has appointed Naomi Scott to lead its member services capability. She replaces Amelia Butler who left the fund in May. Scott was previously national ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
Several retail superannuation funds have rejected claims they fell below community standards and contravened the Superannuation Industry (Supervision) Act by delaying the transition of members into cheaper MySuper products. In response to recommendations ...

Morgan Stanley amends false independence claims

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
Morgan Stanley Wealth Management was caught by ASIC for falsely claiming it was independent. According to the regulator, Morgan Stanley made a claim in an ASX announcement released by Praemium in June that its services included an independent advice ...

Life insurers take the Royal Commission stand

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
Some of Australia's prominent life insurers are preparing for time in the Royal Commission witness box, after case studies were announced for the sixth round of public hearings. TAL, CommInsure, ClearView and Freedom Insurance have been named to ...

SS&C acquires software firm from TPG

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
SS&C Technologies is on track to acquire an investment management solutions provider from global private equity firm TPG Capital. SS&C has entered into a definitive agreement to acquire Eze Software, a provider of investment management solutions, for ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...

GROW Super co-founder sells advice business

JAMIE WILLIAMSON  |  THURSDAY, 9 AUG 2018
A privately-owned AFSL has acquired the financial advice business of a GROW Super co-founder. Profile Financial Services confirmed it has bought the client book of Churpa Wealth, the advice firm established by GROW Super co-founder Mathew Keeley in ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
Responding to questions from counsel assisting Michael Hodge, former NAB general manager of superannuation and platforms Paul Carter attempted to distinguish between other cases of fees for no service and NAB charging superannuation customers for advice ...