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Financial services firms eye machine learning

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
Machine learning is transforming the way financial services operates, as a growing number of Australian firms are adopting it to make sense of big data and to improve productivity. According to Bloomberg, more than half (55%) of Australian financial ...

Enter the dragon

BENJAMIN ONG  |  MONDAY, 23 OCT 2017
Good, bad or ugly, there were events a-plenty last week for speculators and investors to digest for guidance on what lies ahead. There's the lingering North Korean nuclear threat - although this has barely made it to headlines over the past week; there's ...

MLC Life enriches health and wellbeing program

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
MLC Life Insurance is offering discounted premiums to customers that take at least 37,500 steps each week. As part of an enhancement to its MLC On Track program, MLC Life is offering 5% off premiums for new customers for the first 12 months when they ...

Financial advice key for world in reverse: Geldof

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
Sir Bob Geldof urged the financial advisers of Australia to proactively prepare for the significant generational wealth transfer that is approaching to ensure people continue to receive financial advice. The keynote speaker at this year's Association ...

AFA Adviser, Practice of the Year winners named

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
... believe that by showcasing and sharing the best practices exhibited by all our finalists, Zurich can help the profession advance with confidence." The Adviser of the Year Award has now been running for 15 years, while MEDIQ Financial Services was the ...

Values-based approach will advance advice

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
A former presidential aide to Nelson Mandela said financial advisers should adapt to and advance change with a values-based approach instead of trying to be the next popular item. Zelda la Grange told delegates at the AFA 2017 National Adviser Conference ...

ECB exit: 2018 or 2021?

BENJAMIN ONG  |  WEDNESDAY, 11 OCT 2017
"If we manage to put the unconventional tools back into the box when the time comes, we will be able to claim that the ECB successfully achieved its objective. And in my view, this time has come. We need to discuss how to exit from our unconventional ...

Traditional funds too apathetic to super start-ups

JAMIE WILLIAMSON  |  THURSDAY, 5 OCT 2017
While the short-term impact of new players in the superannuation market might be overstated, established super funds should prepare for the long-term threat of such competition. That is the view of SuperEd chief customer officer James Coyle, who believes ...

Transparency to the max

BENJAMIN ONG  |  MONDAY, 25 SEP 2017
... over the coming months in order to return inflation sustainably to target." Not only do they warn financial markets in advance of upcoming policy shifts, central banks now warn financial markets of an upcoming warning about a policy change. Transparency ...

Professional investment association rebrands

KARREN VERGARA  |  FRIDAY, 22 SEP 2017
The Investment Management Consultants Association (IMCA) Australia announced it will rebrand as CIMA Society of Australia. The name change will formally launch in early 2018 and is part of the association's initiative to emphasise the importance of ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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