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Showing 801 - 810 of 2215 results for "COO"

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
The financial services Royal Commission exposed more boiler room sales tactics of call centre staff selling life insurance which drove poor behaviour and a sales-driven culture, and effectively breached anti-hawking provisions. Select AFSL managing ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
What happens when an unstoppable force meets an immovable object? If we're talking about the US and China, it appears that the answer is that the immovable object (China) drops. China's Shanghai Composite index dropped to 2844.51 points from ...

PC puts spotlight on lifecycle super products

KARREN VERGARA  |  MONDAY, 25 JUN 2018
The Productivity Commission said on its third and final day of hearings in Brisbane it will scrutinise the competitiveness and efficiency of lifecycle and retirement income products in its review of the superannuation system. Productivity Commission ...

Russell Master Trust COO departs

ALEX BURKE  |  THURSDAY, 21 JUN 2018
The chief operating officer of Russell Investments' Master Trust and Russell iQ platform has left the company after about 15 years. Jason Marler joined Russell in 2004 as a senior product manager before taking on his most recent role three years ...

Super industry critiques PC draft report

KARREN VERGARA AND STEPHEN FAY  |  WEDNESDAY, 20 JUN 2018
Influential superannuation industry stakeholders had the opportunity to respond to the Productivity Commission's draft report at a public hearing held in Sydney this morning. Challenger retirement income chair Jeremy Cooper said he welcomed Draft ...

BT Financial Advice cuts grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
BT Financial Advice is scrapping grandfathered commissions, effective October 2018. Commissions for products sold by financial advisers across the Westpac, St.George, Bank of Melbourne and BankSA network will no longer be paid on BT products or those ...

AFCA appoints chief executive

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
The one-stop shop for financial services complaint has chosen David Locke as its chief ombudsman and chief executive. Locke is currently the Australian Charities and Not-for-Profits Commission (ACNC)'s assistant commissioner, charity services. ACNC ...

Best-in-show funds pose pressing issues for advisers

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Productivity Commission's proposed best-in-show list of the top 10 default superannuation products could have pressing implications for financial advisers which shouldn't be overlooked. According to Wealthdigital technical manager Rob Lavery, the ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
BT Financial Group supports key recommendations of the Productivity Commission's most recent superannuation report, saying the Westpac-owned business would welcome moving away from an "open market" MySuper model. BTFG chief executive Brad Cooper ...

Daido Life buys stake in life insurer

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
Japanese life insurer Daido Life acquired a 14.9% stake in an Australian life insurer in an effort to expand offshore. Daido Life invested $13 million in the newly launched Integrity Group, the owner of Integrity Life. Worth $18 billion, Daido Life ...