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Showing 791 - 800 of 2383 results for "Citi"

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
Super Consumers Australia (SCA) has slammed AMP in an open letter to the board; criticising the wealth giant for significant delays in its "abhorrent" handling of group insurance claims. Citing APRA's Life Insurance Claims and Disputes data released ...

Use 401k to pay student debts: US senator

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
US Senator Rand Paul has introduced a radical new plan to allow people to pay off student loan debt using their retirement savings. The HELPER Act is, according to Paul, designed to help Americans pay off student loan debt more quickly and save more ...

ACCC immunity deal questioned by court

ELIZA BAVIN  |  FRIDAY, 6 DEC 2019
JPMorgan's former head of equity, capital and derivatives, Richard Galvin, has been forced to answer questions over the immunity deal offered to him by the ACCC over the cartel scandal of 2015. The Commonwealth brought charges against ANZ, Citigroup ...

Global firm appoints Australia chief

ALLY SELBY  |  THURSDAY, 5 DEC 2019
A global financial services firm has appointed a former UBS executive to lead its Australian arm, tasked with fueling new growth across the business. Andrew Dalgleish is the new chief executive of BTIG Australia. He has spent the last 20 years leading ...

Grow Super hires Qantas Super executive

KANIKA SOOD  |  MONDAY, 2 DEC 2019
Grow Super has hired Qantas Super's chief operating officer, as it looks to divest its superannuation business and pivot towards administration services. Grow Super is currently looking for a buyer for its $39 million (as at June end) of superannuation ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
For financial planning practices that don't have a clearly laid out business plan, the workload of meeting FASEA's Code of Ethics requirements can be a great push to get it in order, according to a speaker at the FPA Congress. In a session about ...

Tropical theme Ponzi scheme busted

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
Small business owners and seniors in Florida have been the victim of a tropical themed Ponzi scheme that is now under investigation by the US Securities and Exchange Commission. The SEC announced that it has filed an emergency action and obtained a ...

Risk advisers a dying breed: Research

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
The proportion of financial advisers specialising in life insurance has more than halved in the last five years, according to Investment Trends research. In its 2019 Planner Risk Report released today, Investment Trends revealed just 15% of advisers ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
"It was the best of times, it was the worst of times..." - Charles Dickens, A Tale of Two Cities. In the case of iron ore prices, it's a tale of two markets this year - a bull market in the first half; a bear market in the second half. Iron ore ...

International investors chase Australian real assets

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
New research shows Australian real assets are attracting international interest. Perpetual Corporate Trust and Preqin's report, Real Assets Growth in Australia reveals the capital flowing into local infrastructure projects is increasingly global, as ...