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Showing 9621 - 9630 of 28277 results for "NOT"

India Avenue fund distribution boosted

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... investment officer of India Avenue Investment Management, said: "India is economically diverse to Australia given its fortunes are not driven by commodity prices. Thus, there is a low correlation between the economies and its stock markets." "With strong ...

IFM Investors to open new Europe office

KANIKA SOOD  |  TUESDAY, 26 MAR 2019
... veering towards Amsterdam. "We are likely to establish an office in Europe and we've been looking at that for some time. Not specifically because of Brexit but there is a whole range of very complex regulatory environment in any event in Europe," ...

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... consider tinkering with commission caps again given the Life Insurance Framework (LIF) reforms are partly implemented and will not be fully implemented until 2021. ClearView believes the LIF - once it fully removes grandfathered rebates and bans restricted ...

Beware blockchain: ANZ

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
The big bank is not impressed by the oft-praised technology that is blockchain. There has been a lot of hype about blockchain in recent times but now ANZ associate director, trade and supply chain, Maria Bellmas has warned the technology raises many ...

TAL to add remediation head

HARRISON WORLEY  |  TUESDAY, 26 MAR 2019
... order to get the best possible customer outcomes." When pressed for more detail on the amount of remediation payable, TAL did not confirm. TAL recently acquired Suncorp's life insurance business, which was housed within its Insurance Australia division ...

Federal Court shuts down Linchpin and Endeavour Securities

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... Investport Income Opportunity Fund - be placed into liquidation. Endeavour, in its role as responsible entity of the fund, did not act in the best interests of the members and failed to ensure the financial services it provided were provided efficiently ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... financial services industry can improve information security and protect itself from cyber-crime. The regulatory authority has not updated its information security guidelines since 2013 and, acknowledging much has changed since then, is now consulting ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... Chronican said: "We want customers to have the confidence to come to NAB because of the products and services we provide - not because a third party received a payment to recommend us." NAB will still accept referrals, but there will no longer be an ...

Remediation to hit Westpac earnings

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... $260 million in remediation payments. The bank today confirmed the amount could still rise, with the $260 million provision not yet inclusive of any allowance for refunds to customers of its authorised representatives in relation to ongoing advice service ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
Perpetual has opened an offer to raise $150-$400 million for an actively-managed portfolio of credit and fixed income assets. The Perpetual Credit Income Trust (ASX: PCI) has met its $150 million minimum from indicative bids, the manager said. It has ...