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Showing 781 - 790 of 2351 results for "Advance"

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
The Federal Court has upheld ASIC's five-year disqualification of the former managing director at Provident Capital but found the Administrative Appeals Tribunal denied the MD procedural fairness in its hearing. ASIC explained that on 20 February 2015 ...

FSC proposes genetics and insurance council

KARREN VERGARA  |  WEDNESDAY, 21 MAR 2018
The Financial Services Council is proposing to establish a Genetics and Insurance Advisory Council in an effort to engage in a booming field of clinical research and genetics testing. Chief executive Sally Loane announced the initiative at this morning's ...

ING appoints head of wealth from Suncorp

ALEX BURKE  |  TUESDAY, 20 MAR 2018
ING Australia has appointed a new head of wealth. Cathy Duncan joins ING from Suncorp, where she was executive manager superannuation. Before that, she was general manager, national distribution at Perpetual. She was also head of marketing and product ...

Industry fund introduces chief customer role

JAMIE WILLIAMSON  |  TUESDAY, 20 MAR 2018
A $66 billion industry superannuation fund added a chief customer officer to its executive lineup, a move which also advances its advice offering. UniSuper has promoted executive manager, member and people services Lee Scales to the new role. She will ...

SMEs shun banks, turn to fintechs

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Small-to-medium enterprises are increasingly shunning banks and turning to fintechs and alternative sources to fuel growth and operational needs, an SME growth sentiment index shows. The proportion of SMEs planning to use banks dropped from 38% to 24% ...

Morningstar fuels fund ratings with AI

KARREN VERGARA  |  WEDNESDAY, 7 MAR 2018
Morningstar is using artificial intelligence to power its funds rating process to rate more than 10,000 products. The research house has launched Quantitative Rating, a machine learning and quant-driven system that boasts the ability to rate funds at ...

Chief economist update: The risks just got real

BENJAMIN ONG  |  MONDAY, 5 MAR 2018
An influx of economic data and surveys are set for release this week. The central banks of Australia, Canada, the Eurozone and Japan are also scheduled to meet. Don't bother with any of them. Whatever the indicators indicate and the central banks decide ...

ATO to advance early release of super: O'Dwyer

KARREN VERGARA  |  THURSDAY, 22 FEB 2018
Draft legislation that allows the ATO to facilitate the early release of superannuation is open for consultation. Treasury has released the exposure draft overnight that aims to expedite the early release of super funds and "improve the integrity of ...

Chief economist update: Inflation isn't such a lonely word

BENJAMIN ONG  |  MONDAY, 19 FEB 2018
... increase. This followed an upwardly revised 0.2% (from 0.1%) increase in the previous month and is the fastest monthly advance since 1.2% in the month of May in 2016. The year-on-year rate accelerated from 3.2% to 3.6%. Now that we've established that ...

MGP partners with fintech for adviser solution

ALEX BURKE  |  TUESDAY, 13 FEB 2018
Managed Accounts Holdings (MGP) has partnered with an Australian fintech to offer money management solutions to advice practices using its platform. The partnership with Moneysoft will provide advisers working with MGP's platform preferential pricing ...