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Showing 1081 - 1090 of 1826 results for "DAM"

A$ rising on China slowing

BENJAMIN ONG  |  TUESDAY, 25 MAR 2014
Uh-oh, Governor Glen Stevens won't be a happy little Vegemite this morning. No Virginia... not with headlines proclaiming the Australian dollar's comeback - as in, it's again on the rise against the US dollar. My Bloomberg screen shows the A$ fetched ...

Market wrap PM

AAP  |  FRIDAY, 21 MAR 2014
The Australian share market has opened higher following a solid lead from markets in the United States and easing concern over Ukraine. Lonsec senior client adviser Michael Heffernan said the Australian bourse had opened in a veritable sea of green. ...

FoFA introduced into parliament with some tweaks

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
As expected the bill to amend the Future of Financial Advice (FoFA) reforms was introduced to parliament today. The Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 saw an 11th hour amendment to the general advice component ...

Market Wrap AM

AAP  |  THURSDAY, 13 MAR 2014
The Australian market looks set to open flat after international markets lost ground as investors retreated in the face of concerns about Ukraine, the Chinese economy and falling copper prices. At 0645 AEDT on Thursday, the March share price index futures ...

Ray King added to Ashington super fund court case

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Claims for damages have risen to $14 million and a new defendant has been added to a court case against four prominent super fund - Mercer partner Ray King. The case relates to the collapse of Ashington property group in 2011. Ashington founder Craig ...

SSFS invests in Standard Life alternative fund

LAURA MILLAN  |  WEDNESDAY, 5 MAR 2014
State Super Financial Services (SSFS) has invested in Standard Life Investments Global Absolute Return Strategies Australian Trust (GARS) as part of a broader alternative investment strategy. SSFS did not disclose the amount invested in GARS due to ...

AIA pays advisers to move to hybrid commission

LAURA MILLAN  |  THURSDAY, 27 FEB 2014
AIA Australia will pay advisers who move to a hybrid commission model, despite the Australian Securities and Investments Commission (ASIC) concerns on inappropriate insurance switching. The insurer said that a hybrid structure could increase the value ...

Singapore lifts CPF rates

ALEX DUNNIN  |  WEDNESDAY, 26 FEB 2014
The Singapore government has announced that Central Provident Fund (CPF) contribution rates will next year climb for pre-retirees up to 35% while also establishing a $8 billion special purpose fund to pay for the health care needs of the Pioneer Generation. ...

MetLife's Green returns to Australia to take up interim CEO role

ALICE URIBE  |  MONDAY, 17 FEB 2014
Damien Green, head of employee benefits in Asia, will move back to Sydney from Asia to take up the role of interim chief executive of the Australian MetLife business, replacing departing chief executive Marc Lieberman. According to a MetLife spokesperson ...

MetLife Australia announces interim CEO

ALICE URIBE  |  FRIDAY, 14 FEB 2014
Damien Green, head of employee benefits in Asia, will take on the additional role of interim chief executive of the MetLifeA Australia. He will report to Nirmala Menon, head of designated markets and health, MetLife until a successor is found. Green ...