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Showing 9831 - 9840 of 21783 results for "Dec"

Cameron Hume hires fixed income expert

KARREN VERGARA  |  FRIDAY, 7 JUL 2017
International fixed income manager Cameron Hume hired an industry specialist to help grow its investment management capabilities. Russ Oxley, founder of Avrox Investment Solutions will work with the firm on a consultancy basis to develop strategic investment ...

Cbus slashes insurance premiums

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
Industry super fund Cbus has signed a new insurance deal with TAL that will see premiums decrease substantially. Premiums per unit of death and TPD cover for most members will go down by 25%, while for 15 to 44-year-old manual labour members; cover ...

AAT upholds ex-AMP adviser ban

KARREN VERGARA  |  FRIDAY, 7 JUL 2017
The Administrative Appeals Tribunal affirmed ASIC's decision to permanently ban a former AMP adviser. The regulator found Rommel Panganiban from New South Wales prioritised his own interests ahead his clients' with no reasonable basis in giving advice. ...

ASIC calls on NAB to improve disclosure

JAMIE WILLIAMSON  |  FRIDAY, 7 JUL 2017
An investigation by ASIC has forced NAB Group advice licensees to make corrective disclosures to customers. The corporate regulator found that NAB's dealer groups failed to disclose relationships between advisers, licensees, and other members of the ...

Whitehelm boosts water investments

KARREN VERGARA  |  THURSDAY, 6 JUL 2017
Infrastructure investment manager Whitehelm Capital poured £45 million ($77 million) into debt issued by a UK water and sewerage company. Whitehelm finalised its investment in a junior loan issued by Kelda Finance, the first holding company of Yorkshire ...

SMSF software demand surges

KARREN VERGARA  |  THURSDAY, 6 JUL 2017
Super reforms have helped propel the demand for self-managed super fund software in the last financial year, according to Class Super. Class' SMSF market share surged to 24% from 19% year-on-year, hitting a record high of 140,000 client accounts in ...

MLC Life partners to accelerate underwriting process

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2017
The underwriting process is about to get easier for customers of MLC Life Insurance as the firm becomes the first in Australia to offer UK underwriting rules engine UnderwriteMe. Partnering with the engine's proprietary owner Pacific Life Re, MLC Life ...

Vamos joins Mercer board

EMMA RAPAPORT  |  THURSDAY, 6 JUL 2017
Former long-serving ASFA chief executive Pauline Vamos joined the board of Mercer's superannuation business as an independent non-executive director. Mercer Superannuation Australia board chair Jan Swinhoe welcomed Vamos to the board, noting that her ...

ASX appoints new senior executive

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2017
The current chief information officer for the Commonwealth Bank's Commsec and Private Bank will join the executive lineup of the ASX in September. Dan Chesterman has been appointed as the ASX's new chief information officer, reporting to chief operating ...

EU markets directive to reshape global alternatives

ALEX BURKE  |  WEDNESDAY, 5 JUL 2017
Half of alternative asset managers with offices outside the European Union will apply the EU's Markets in Financial Instruments Directive (MiFID II) policies globally - for those firms delegating portfolio management to a third country, this figure ...