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Showing 10481 - 10490 of 29084 results for "PRI"

The case for indexed annuity bonds

KARREN VERGARA  |  MONDAY, 30 JUL 2018
Indexed annuity bonds could be the answer to superannuation trustees meeting members' post-retirement consumption needs while fulfilling fiduciary obligations at the same time. This is according to research from The McKell Institute, which highlights ...

NAB recruits customer executive

KARREN VERGARA  |  MONDAY, 30 JUL 2018
National Australia Bank is bolstering its private banking business by appointing its second customer executive. Margot Faraci will commence the newly-created role of NAB Partners customer executive for the northern region in October 2018. She will be ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
Boom! That's the sound of the US economy popping up to an annualised rate of 4.1% in the second quarter of 2018, up from an upwardly revised 2.2% (from 2%) expansion in the first quarter. While this is in line with market expectations, it's ...

Life insurers cautious about My Health Record

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
As My Health Record draws criticism and scrutiny, life insurers are cautious as to the merits of the initiative and its potential implications for the industry. The e-health policy has hogged much media attention in the last fortnight as Federal members ...

Industry fund renews insurer, drops premiums

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
A $5.3 billion industry superannuation fund has renewed its group insurance mandate, reduced member premiums and removed automatic cover for members under 25. Media Super has reappointed Hannover Life Re as its group insurer from July 1. In doing so ...

Credit Suisse promotes private banking specialist

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
Credit Suisse appointed a new head of private banking Australia, promoting from within. Currently market leader at Credit Suisse Private Banking Australia, Michael Marr will lead the business from August 1. He replaces Alex Wade who, since January 2017 ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
AMP is reducing fees on its flagship MySuper products and expediting $290 million in compensation to customers that received bad financial advice. Reflecting plans for the simplification of its superannuation product offering, AMP said it will implement ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...

Aussie instos buy ex-US value story

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
The top US-based international equities fund manager for 2017 believes value stocks are best found outside its home nation. Rated by Morningstar's US office as the top international stock fund manager last year, Causeway Capital dedicates its recent ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
The stats are out and they reveal that Australia's inflation genie is still inside the box. The Australian Bureau of Statistics' (ABS) consumer price index report showed headline inflation accelerated to 2.1% in the year to the June quarter ...