Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7891 - 7900 of 21779 results for "Dec"

Genetic tests no barrier to life insurance

ELIZABETH MCARTHUR  |  THURSDAY, 27 JUN 2019
A moratorium on genetic testing in the life insurance industry means that Australians can get up to half a million dollars of life cover without disclosing genetic tests. The Financial Services Council approved a moratorium on genetic tests in life ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
OnePath awarded about $210 million in two separate mandates that were previously managed by UBS Asset Management. In December, UBS AM said it was transferring some of its investment management functions to external managers under new partnerships. Melbourne-based ...

Australian Ethical chief executive to depart

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
The managing director and chief executive of Australian Ethical is stepping down after nine years in the role. Phil Vernon joined Australian Ethical from Perpetual in 2009 and has overseen substantial growth of the Australian Ethical superannuation ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
When the European Central Bank (ECB) concluded its Governing Council meeting on the June 6, not only had it announced to keep monetary policy settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.4% - but it ...

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
Australia's $154 billion sovereign wealth fund has invested in a technology company looking to deploy its products in the industrial sector. California's Everactive raised $30 million in a recent funding round, of which Future Fund was the lead ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
Industry superannuation funds believe they hold the key to unlocking Australia's energy crisis. Peak industry superannuation body Industry Super Australia today released a new discussion paper calling for industry funds to take a leading hand in ...

IOOF names new chief executive

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
IOOF has appointed a permanent chief executive and managing director. Acting chief executive Renato Mota has been appointed to permanently lead the embattled wealth manager through a significant period of upheaval. The wealth firm also appointed Mota ...

Westpac appoints remediation lead

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2019
Westpac is welcoming a new head of remediation. At the same time, the group has responded to reports of up to 300 planned redundancies within BT Financial Group. Former ANZ general manager, wealth separation and transition Mandy Rutherford has joined ...

OnePath updates trauma definitions

KARREN VERGARA  |  MONDAY, 24 JUN 2019
OnePath has updated more than 600 trauma definitions in a bid to be more customer-centric as part of its commitment to the Life Insurance Code of Practice. The review, which commenced in 2018, assessed more than 25,000 trauma policies to ensure the ...