Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1021 - 1030 of 2261 results for "Generate"

ANZ sells NZ life insurance business

ALEX BURKE  |  WEDNESDAY, 30 MAY 2018
... acquire OnePath Life for NZ$700 million, which ANZ said represents a "slight premium to embedded value and is expected to generate a gain on sale of around NZ$50 million." This would, ANZ added, increase ANZ's overall level one and level two CET1 ...

Industry fund awards currency mandate

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
... currency manager. Sunsuper awarded the active currency mandate to Record Currency Management, which the fund hopes will generate risk-adjusted returns using the manager's factor-based Currency Multi-Strategy. Record said that its strategy allocated ...

New partnership to simplify estate planning

JAMIE WILLIAMSON  |  MONDAY, 21 MAY 2018
... automated wills. Added estate planning functionality will allow financial advisers using the myprosperity platform to generate a standard, legally binding will from View Legal on behalf of clients. Relevant data from their personal wealth portal, including ...

Alphinity rolls out sustainable Aussie equities fund

ALEX BURKE  |  FRIDAY, 18 MAY 2018
... just an add-on or a 'bumper sticker'; it is at the core of this fund." "For example, we will not support companies which generate more than 10% of their revenues from producing or operating high impact fuels such as uranium, thermal coal, coal seam gas ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
ASIC has cancelled the Australian financial services (AFS) licence of a Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty ...

Peak bodies join forces over due diligence

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
... "I am pleased we have been able to collaborate with the AIST to simplify the process, prevent repetition of work and generate cost and time efficiencies for both of our members, the benefit of which will flow through to consumers," Loane said. AIST chief ...

MLC Life enhances mental health offering

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
The life insurer will extend its Best Doctors offering to allow customers access to a mental health service designed to provide a second medical opinion for diagnosis and treatment plans. The new service, Mental Health Navigator, will connect customers ...

Pension fund CIO departs

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
The chief investment officer at one of the world's largest pension funds has resigned, citing family reasons. The California Public Employees' Retirement System (CalPERS) announced Ted Eliopoulos will leave at the end of the year, with the search ...

Link Group loses $15bn industry fund mandate

ALEX BURKE  |  THURSDAY, 10 MAY 2018
As part of its discussions about how the Budget's superannuation reforms will affect business, Link Group said its contract with a $15 billion industry fund will not be renewed. The mandate with CareSuper represents about 1% of Link Group's pro-forma ...

Volatility divides investors: Survey

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
... rates, respondents are rethinking fixed-income portfolios, managing durations and turning to alternative investments to generate income. More than half (58%) reported their organisation is increasingly using alternatives to replace fixed income, with ...