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Showing 10871 - 10880 of 22150 results for "Tim"

NZ Super Fund settles stake in Kiwibank

KERRIE SYDEE  |  WEDNESDAY, 2 NOV 2016
The NZ Super Fund and ACC have announced the settlement of an investment in Kiwi Group Holdings, the owner of the Kiwibank. NZ Super Fund has acquired a 25% stake from NZ Post for $263 million, while ACC has invested $231 million for a 22% stake. The ...

Super funds should reassess view of balances: Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 2 NOV 2016
Superannuation balances should be considered on a household level rather than the traditional individual view, according to new retirement insights from Challenger. The latest research from the investment manager shows that if pre-retirees look at their ...

Zurich appoints former Lazard CEO in super role

ALEX BURKE  |  TUESDAY, 1 NOV 2016
Zurich has appointed a non-executive director to its Zurich Australian Superannuation (ZAS) board. Prior to this appointment Susan Roberts was chief executive of Lazard Asset Management, a position she held for three years. She was also previously a ...

Boutique adviser names key hires

KERRIE SYDEE  |  TUESDAY, 1 NOV 2016
Profile Financial Services has made two senior appointments from NAB Asset Management and William Buck. Joining Profile as head of investments is Jerome Bodisco. He brings extensive experience across a range of asset classes and managers and has a strong ...

Milliman and Frontier explore new retirement product

DARREN SNYDER  |  TUESDAY, 1 NOV 2016
Superannuation industry consultants Milliman and Frontier Advisors have considered an alternative to a deferred lifetime annuity that trades off risk management for more flexibility. The "rainy day fund" would set aside funds that are not drawn upon ...

McMillin exits TWUSuper again

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
Twice-serving TWUSuper chief executive Bill McMillin has retired from the fund. According to the TWUSuper website, chief financial officer Frank Sandy has taken on the role of acting chief executive until a suitable replacement is found, with Wayne ...

Alphinity funds added to mFund

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
Alphinity Investment Management has added three managed funds to the ASX's mFund offering. In a bid to increase retail investors' accessibility to Alphinity products, the investment manager has made available the Alphinity Australian Share Fund, the ...

New CEO for Port of Melbourne

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
The Lonsdale Consortium has appointed a new chief executive officer of Port of Melbourne. Effective from financial close of the 50 year lease transaction with the Victorian Government (expected to be 31 October), Brendan Bourke will take on the role. ...

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
The US economy just recorded its fastest rate of expansion since the third quarter of 2014 and at a seasonally adjusted annualised rate of 2.9%, the September quarter's scorecard is more than double the previous period's 1.4% increase and also better ...

PIMCO to take RE in-house

ALEX BURKE  |  MONDAY, 31 OCT 2016
PIMCO has obtained a responsible entity license in Australia and plans to internalise RE for its $10 billion managed funds suite. Subject to unitholder approval, PIMCO will then be the RE for the funds available to Australian investors, including the ...