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Showing 11101 - 11110 of 21783 results for "Dec"

Munich Re Australasia MD and global CEO step down

ALEX BURKE  |  TUESDAY, 29 MAR 2016
Both the Australasia managing director and the chief executive of Munich Re have announced they will step down from their roles. Heinrich Eder, Australasia MD since November 2005, was previously general manager non-life at Munich Re Australasia. Prior ...

More Australians intend to retire later

ALEX DUNNIN  |  TUESDAY, 29 MAR 2016
The proportion of Australians intending to retire beyond age 65 is increasing rapidly. According to a research note just released by the Australian Bureau of Statistics (ABS), a survey conducted in 2015 showed 71% of people said they intended to retire ...

Little separates Australia's largest custodians

DARREN SNYDER  |  TUESDAY, 29 MAR 2016
Assets under custody between Australia's two largest custodians narrowed significantly during the second half of 2015, with less than $11 billion separating NAB Asset Servicing and J.P. Morgan. NAB Asset Servicing (NAS) recorded a 16.8% decline in total ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
US personal income and outlays Sluggish US personal income and spending data have doused speculations of an April rate hike - prompted by St. Louis Fed president James Bullard's comments last week that, "You get another strong jobs report, it looks ...

Super the bedrock for multi-sector funds

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
Australia's superannuation funds have again proven themselves as "the bedrock contributor" for positive flows in to multi-sector funds, according to the latest Morningstar data. The firm's fourth annual Global Asset Flows Report shows the AustralianSuper ...

ASIC and UK regulator sign fintech deal

ALEX BURKE  |  THURSDAY, 24 MAR 2016
ASIC and the UK's Financial Conduct Authority (FCA) have agreed to support innovative businesses or fintechs entering each other's respective markets. The goal is to reduce regulatory uncertainty for new Australian businesses entering the UK market ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
Brazil unemployment The unemployment rate in Latin America's biggest economy jumped to 8.2% in February from 7.6% in the previous month. This is slightly higher than expectations for a rise to 8.1% but is the highest since May 2009. Hardly surprising ...

Planners turning to annuities and outcome funds

MARK SMITH  |  WEDNESDAY, 23 MAR 2016
Financial planners are increasingly turning away from cash and term deposits for their retirement clients while annuities and outcome-orientated funds are becoming more popular destinations for new client money instead, according to the latest retirement ...

SMSFs winning over younger Australians

MARK SMITH  |  WEDNESDAY, 23 MAR 2016
SMSFs appear to be gaining more traction with younger people with the latest data from the ATO showing 43% of new SMSFs are established by members younger than 45, whilst 25% of new funds are set up by members older than 55 as they approach retirement. ...

Platforms rise by $51.4bn in 2015

DARREN SNYDER  |  WEDNESDAY, 23 MAR 2016
The latest platform and wrap analysis from Plan for Life shows overall masterfund business increased by $51.4 billion or 8.3% during 2015, now standing at more than $672 billion. Plan for Life said masterfunds climbed $31.2 billion or 4.9% in the December ...