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Showing 831 - 840 of 2383 results for "Citi"

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
The Government's move to require superannuation trustees to stop providing opt-out insurance to new members under-25 or with low balance accounts by October 1 has riled Australia's largest fund. Airing the fund's position on the Government's ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... seven custodians to submit proposals : the incumbent J.P. Morgan, NAB, Northern Trust, RBC, State Street, BNP Paribas and Citi. It appointed Mercer Sentinel to advise on the tender process. Funds SA chief executive officer Jo Townsend today said: "We ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
ASIC's review of the sale of consumer credit insurance has lambasted the sector for consistently failing consumers in the design and sale of products. According to ASIC report 622, CCI products are being promoted and sold to customers unfairly, and ...

PM Capital LICs add director

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2019
A former Citigroup managing director was appointed to the board of PM Capital's listed investment companies. Chris Knoblanche has joined the boards of PM Capital's Global Opportunities Fund and Asian Opportunities Fund as a non-executive director, with ...

GROW Super unveils admin platform

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
... Keeley. The blockchain-enabled technology was launched following the completion of a $17 million Series C funding round. Citi, R3 and Greenstone Financial Services are some of the investors backing the platform. GROW Super chief executive Josh Wilson ...

HUB24 defends cash accounts

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
HUB24 has slammed a media report that claims its cash account holders will be worse off following the recent interest rate cuts. HUB24 called for a trading halt in light of an article written in the Australian Financial Review published on July 3, claiming ...

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Investec Bank plc has received the green light from APRA to provide banking services in Australia from July 1. Investec Bank plc, which is owned by London Stock Exchange-listed Investec plc, is now operating as a foreign ADI. BNP Paribas, Societe Generale ...

VanEck changes tack on ETF

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
Australia's only exchange-traded fund to track S&P/ASX 200 companies which pay 100% franked dividends has changed its strategy. The VanEck Vectors S&P/ASX Franked Dividend ETF (ASX: FDIV) tracked an index that VanEck developed with S&P Dow Jones ...

Netwealth distribution lead exits

JAMIE WILLIAMSON  |  MONDAY, 1 JUL 2019
The head of distribution at Netwealth has left the company. The ASX-listed superannuation and investment solution provider has confirmed the departure of Nick Mitchell. A Netwealth spokesperson confirmed Mitchell's resignation, citing personal reasons. ...

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
Latest research from Investment Trends shows financial advisers are becoming increasingly concerned with how to provide affordable advice. Investment Trends' 2019 Planner Technology Report revealed more advisers are struggling to provide affordable ...