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Showing 31 - 40 of 260 results for Claire McGreal

New St George and Westpac New Zealand CEOs appointed

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
Rob Chapman is stepping down as chief executive of the St George Banking Group to be replaced by Westpac New Zealand boss George Frazis, with senior Westpac executive Peter Clare taking over in New Zealand. Chapman has been at the helm of St George ...

AFA urges Independents to help change FOFA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
The Association of Financial Advisers has written to Independents and other MPs urging their support to change certain elements of the planned FOFA legislation. Issues outlined by the association include the removal of retrospective fee disclosure requirements ...

Franklin Templeton plans retail growth

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
Franklin Templeton Investments plans to significantly expand its retail presence in Australia this year, potentially through platforms, dealer groups and new appointments. The Australian arm of the global Franklin Templeton Group currently manages around ...

Total super industry assets grow to $1.31 trillion: APRA

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
Total assets in the super industry, including SMSFs and balance of life office statutory funds, increased by $15.8 bn to $1.31 trillion in the year ending December 31, 2011. Latest quarterly super performance figures from APRA show an increase of $23.8 ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
APRA has accepted an enforceable undertaking from a sixth former director of Trio Capital. John Godfrey was a non-executive director of Trio between February 2005 and June 2007, as well as being chair of the board from June 2005 to February 2007. Godfrey ...

FOFA makes assumptions on churning: Synchron

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
Independent adviser boutique Synchron has slammed elements of FOFA, claiming it will ultimately lead to advisers being penalised when acting in their client's best interest. Synchron has criticised two particular elements it says relate to churning ...

Life Insurance investment revenue takes a hit

CLAIRE MCGREAL  |  WEDNESDAY, 7 MAR 2012
Investment revenue in the life insurance sector nose dived last year, with latest APRA figures putting the total at $1.63 bn compared to $11.33 bn the previous year. In its quarterly stats for the industry to the year ending 31 December 2011, the regulator ...

CIOs see no let up in European debt crisis

CLAIRE MCGREAL  |  TUESDAY, 6 MAR 2012
Europe's debt crisis remains a cause for concern for Australian institutional investors, with the ongoing saga cited as the biggest risk to returns over the next 12 months. The survey of chief investment officers represented by the Financial Services ...

HESTA members get insurance boost

CLAIRE MCGREAL  |  TUESDAY, 6 MAR 2012
Health and community services super fund HESTA has added new insurance benefits for its members. Under the changes HESTA members who experience a "significant life event" can apply for more insurance cover, without having to provide evidence of their ...

Australian First Mortgage and SuperShift form alliance

CLAIRE MCGREAL  |  MONDAY, 5 MAR 2012
Australian First Mortgage and SuperShift Australia have joined forces to offer mortgage brokers the facility to be able to take part in SMSF limited recourse loans. The alliance, which sees the creation of the AFM SuperShift product, means brokers can ...