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Showing 8011 - 8020 of 19598 results for "RIS"

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
Custodians and responsible entities of managed investment schemes with asset holding requirements are falling short of ASIC expectations, showing generally poor levels of understanding and compliance with Regulatory Guide 133. These findings form part ...

Executive hires at SCOR Global Life

KARREN VERGARA  |  THURSDAY, 22 JUN 2017
Reinsurance company SCOR Global Life Australia hired two executives to help grow its local operations. New chief underwriter, Debra Pitcher, will be responsible for the company's life underwriting strategy in Australia and New Zealand, focusing on developing ...

Location, location, location: the key to retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2017
The Apple Isle is calling for those wanting to make the most of their retirement, according to the latest insight from Milliman. A study of more than 300,000 Australian retirees shows the cost of retirement varies widely depending on where you live ...

Insurer must refund $330k

EMMA RAPAPORT  |  WEDNESDAY, 21 JUN 2017
Virginia Surety Company, a general insurer whose bundled add-on products included life insurance cover, has been subject to an ASIC investigation involving more than 500 customers. In a release issued by the regulator, Virginia Surety was said to have ...

Advisers boost ethical investments

KARREN VERGARA  |  TUESDAY, 20 JUN 2017
A niche group of financial advisers have collectively boosted their ethically screened investments to $1.2 billion over the past year. Ethical Advisers' Co-operative (EAC) chair Terry Pinnell said the jump in funds under advice represents a 10% increase ...

Decumulation will drive investment focus shift: AXA IM

EMMA RAPAPORT  |  TUESDAY, 20 JUN 2017
Institutional investors are shifting investment strategies in search of income generation and inflation protection over the long term in response to the advent of the superannuation decumulation phase, AXA Investment Managers believes. According to ...

VanEck launches floating rate ETF

ALEX BURKE  |  TUESDAY, 20 JUN 2017
VanEck is launching a new floating rate exchange-traded fund on the ASX. The VanEck Vectors Australian Floating Rate ETF, trading under the code FLOT, is based on a portfolio of Australian floating rate notes (FRNs), or short-term bonds with variable ...

Oil's not so slick

BENJAMIN ONG  |  TUESDAY, 20 JUN 2017
It has only been less than a month - 25 May -- since the Organisation of Petroleum Exporting Countries (OPEC) announced the extension of crude oil production cuts by nine months to the last day of March 2018 but oil prices are sliding again. The deal ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
Large foreign banks should also be subjected to the proposed $6.2 billion bank levy, Australia's four major banks told the Senate Standing Committee on Economics reviewing the levy Bill last week. Many multinational banks, while active in the institutional ...

Millennials choosing stock market over housing market

JAMIE WILLIAMSON  |  MONDAY, 19 JUN 2017
As the prospect of owning their own home becomes less of a reality, millennials are turning to the stock market to invest and build their wealth. New insights from CommSec reveal more than half of all new customers are under the age of 35, with the ...