Market review – February 2019

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Australian government bond yields continued to rally over January as weaker domestic economic readings led markets to become more confident that the next move in the cash rate would be... Read more continue reading

QIC appoints Managing Director of global real estate

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Brisbane-based global diversified alternative investment firm QIC today announced the appointment of Michael O’Brien as the new Managing Director, Global Real Estate (QIC GRE). Mr O’Brien’s appointment fills the vacancy created by... Read more continue reading

Bell Asset Management bolsters team to deepen distribution capabilities

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Global equities boutique manager, Bell Asset Management (BAM), has appointed two new relationship managers to bolster its institutional and wholesale distribution capabilities. Amanda MacDonald will add further depth to Institutional... Read more continue reading

More consumer safeguards for LRBAs urged

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The SMSF Association remains steadfast in its opposition to any “outright ban” of Limited Recourse Borrowings Arrangements (LRBAs). In its nine-page submission to Treasury for the Council of Financial Regulators’... Read more continue reading

OnePath’s new underwriting engine ‘Excellent’, independent survey finds

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ANZ has announced its OnePath life insurance underwriting engine received an ‘Excellent’ rating in an independent adviser survey, with advisers ranking their experience a Net Promoter Score (NPS) of +53.... Read more continue reading

Bankers need to get on front foot to restore trust

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A new set of global standards is the way forward to change banking culture. Chris Whitehead, FINSIA CEO said: “As we wait for the final report of the Royal Commission,... Read more continue reading

Synchron calls on life insurers to back the separation of risk and financial planning advice

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Synchron is urging life insurers to back its call for the separation of risk advice and financial planning advice. “Australians need access to both life insurance advisers and financial planning advisers,... Read more continue reading

DomaCom and a Big 4 bank to begin 6-month pilot.

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Following a 3-month review process, one of Australia’s Big 4 banks is set to launch a 6-month pilot for fractional property investment using DomaCom. This mutually exclusive agreement will see... Read more continue reading

Nikko AM recognised in two categories in Asia Asset Management’s 2019 Best of the Best Awards

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Nikko Asset Management (Nikko AM) has been recognised across two categories in Asia Asset Management’s 2019 Best of the Best Awards. Asia Asset Management, The Journal of Investments and Pensions,... Read more continue reading

AMP Limited appoints Andrea Slattery as Non-Executive Director

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AMP Limited has announced Andrea Slattery will join the Board as a Non-Executive Director, effective 15 February 2019, subject to usual pre-appointment processes. Ms Slattery brings substantial experience from 14... Read more continue reading