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Showing 10421 - 10430 of 20558 results for "BEN"

BT Financial GM to take helm at MetLife

STAFF WRITER  |  TUESDAY, 27 MAY 2014
Deanne Stewart, a senior manager at BT Financial Group will be joining MetLife Australia as its new CEO starting in mid-July. Stewart will also be joining the group's Asia Leadership team reporting directly to Dr. Nirmala Menon, senior vice president ...

APRA announces draft 2014-15 supervisory levies

ALEX DUNNIN  |  TUESDAY, 27 MAY 2014
The Australian Prudential Regulation Authority (APRA) and Treasury have issued a discussion paper on the proposed supervision levies they wish to impose on financial entities for next financial year. In the paper APRA said it needs to raise $117 million ...

Northern Trust wins LUCRF $220m ESG mandate

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Northern Trust Asset Management has won a $220 million mandate from the Labour Union Co-operative Retirement Fund (LUCRF). The World ex Australia index mandate, managed by the fund's international business Northern Trust Global Investments Limited ...

Cbus insurance premiums jump to almost $15 a week

JAMES FERNYHOUGH  |  TUESDAY, 27 MAY 2014
Industry fund Cbus has almost doubled its life insurance premiums, becoming the latest super fund to do so in response to a spike in claims. Following renegotiations with group insurer Hannover Life Re of Australasia, Cbus members on the default option ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

Market wrap Am

AAP  |  TUESDAY, 27 MAY 2014
Australian share market is set to open higher after European markets made modest gains overnight. The New York and London markets were closed for public holidays. At 0651 AEST on Tuesday, the March share price index futures contract was seven points ...

Equip slashes insurance premiums

MARK SMITH  |  MONDAY, 26 MAY 2014
Equip has announced cuts to premiums for its death and total and permanent disablement (TPD) cover and its salary continuance cover. Equip's chief executive officer Danielle Press said the reductions were the result of thorough examination of the fund's ...

Challenger makes senior Fidante Partners appointment

MARK SMITH  |  MONDAY, 26 MAY 2014
Challenger's multi-boutique funds management business, Fidante Partners, has appointed a senior business development manager from Morgan Stanley. Investment banker Gabrielle Munzer was most recently an executive director, global capital markets at Morgan ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
Yeah baby, let's! Seen the CBOE VIX index lately? Yes, that one - the one financial markets look at the gauge the level of investors' fear. It was pegged at 11.36 at the close of last week's activity - the lowest since the ides (15th) of March 2013. ...

Market Wrap AM

AAP  |  MONDAY, 26 MAY 2014
The Australian share market is expected to open slightly higher this week on the back of gains in global markets. AMP chief economist Shane Oliver is tipping a lift of five to 10 points at the local open. The S&P 500 finished the week above 1,900 for ...