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Australia

Commonwealth Bank positions life business for sale

Asia | 24 Jul 17

Commonwealth Bank positions life business for sale

The Commonwealth Bank of Australia (CBA) is reportedly looking to sell its life insurance business but the move in not linked to recent regulatory changes requiring the country’s biggest banks to hold billions in extra capital.

Asia | 20 Jul 17

Exclusive: Praemium back on track as CEO outlines strategy

Following his shock dismissal as Praemium chief executive, Michael Ohanessian launched a successful fightback that saw him not only win back his job but also oust the board that sacked him. Here he talks exclusively to International Adviser about what happened and his plans for the future.

Crocodile Dundee tax fraudster to fight extradition

Asia | 19 Jul 17

Crocodile Dundee tax fraudster to fight extradition

The Jerseyman allegedly at the centre of Australia’s biggest ever tax evasion scandal, that included Crocodile Dundee star Paul Hogan among its victims, is fighting attempts to extradite him from Italy to face charges down under.

Finding value in the Australian equity market

Equities | 30 Jun 17

Finding value in the Australian equity market

For a contrarian manager there is value in sectors facing cyclical headwinds in Australia like energy, oil and gas firms and materials companies, says Werner du Preez, national distribution manager at Allan Gray Australia

Aussie advisers to help foot the bill for industry regulator

Asia | 16 Jun 17

Aussie advisers to help foot the bill for industry regulator

The Australian Government has approved an industry funding model that will see retail financial advisers pay at least A$1,500 (£890, $1,136, €1,012) each to fund the Australian Securities and Investments Commission (Asic).

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.