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Showing 61 - 70 of 454 results for "AST"

Westpac sells life insurance unit

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Westpac has agreed to offload its life insurance business to TAL Dai-ichi Life Australia for about $900 million. Westpac is due to make a $1.3 billion post-tax loss from the sale. The cash consideration of $900 million includes ongoing payments to Westpac ...

Vanguard incentivises staff to get the jab

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Vanguard is offering its US staff US$1000 ($1300) to get vaccinated against COVID-19. A spokesperson said the fund manager has no plans to roll out the incentive for its Australian workers as yet. "While Vanguard strongly encourages staff to get a COVID-19 ...

Evalesco acquires boutique firm

ANNABELLE DICKSON  |  THURSDAY, 5 AUG 2021
Evalesco Financial Services recently finalised the acquisition of former Association of Financial Advisers national president Marc Bineham's advice firm. Evalesco, led by Marshall Brentnall, Jeff Thurecht and Jules Knox, has taken on Noall & Co's ...

Lumiant launches fact find module

ANNABELLE DICKSON  |  TUESDAY, 27 JUL 2021
Lumiant has launched a free module for its adviser customers to enhance its fact find process by including a survey to understand clients' ideal outcomes. The Your Life module includes statements based around Lumiant's eight dimensions of wellbeing ...

Fintechs settle legal stoush

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Astute Wealth Advice and Lumiant have reached an agreement to settle an alleged copyright breach. According to AstuteWheel managing director Hans Egger, Lumiant has agreed to a number of actions set out in the Cease and Desist letter sent earlier this ...

Astute Wealth alleges copyright breach

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
Astute Wealth Advice is alleging that another fintech has ripped off its proprietary questionnaire and has been forced to legal take action. Astute served a Cease and Desist letter to Lumiant, alleging that it breached "substantial copyright" with respect ...

ERS applicants $3100 worse off

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
Members who raided their retirement savings as a result of the early release of superannuation scheme could have been $3100 better off than if they had kept their balance intact, new research reveals. The McKell Institute, a thinktank, found that over ...

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The son of Rupert Murdoch has filed papers to launch a US$300 million blank cheque company, which will focus on investing in Asia. James Murdoch, the younger son of Rupert Murdoch and former chief executive of 21 st Century Fox, is working with Uday ...

Milford hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
New Zealand-based investment firm Milford Asset Management has appointed a head of wholesale distribution and more as it expands its team. Murray Pell has been appointed head of wholesale distribution, joining from Macquarie Bank where he was responsible ...

Advisers laud Xplan software

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
Xplan has emerged as the leading financial planning software among financial advisers, a new Investment Trends survey finds. Iress' Xplan took out the nod for its comprehensive functionality, compliance technology and ability to support advice firms ...