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| | | The $850 million Perpetual Select Super Plan has terminated its insurance mandate with ING Australia and appointed AIA as its new insurer - a move that saw the plan cut premium rates by up to 40 per cent for some members. Perpetual's decision to take ... |
| | | | Matrix Planning Solutions has recruited regional practice A&B Financial Planning into its dealer group. Located in Temora, in regional NSW, A&B Financial Planning joined Matrix on 22 March 2010. The principal financial planner in the practice is Andrew ... |
| | | | A UK pension fund association that represents more than $1 trillion has put the world's fund managers on notice and demanded they take their role as shareholders far more seriously. Lindsay Tomlinson, chair at the National Association of Pension Funds ... |
| | | | The Australian share market remained higher at noon with takeover activity in gold stocks and strength in resources stocks driving the gains. At 1200 AEDT, the benchmark S&P/ASX200 index was up 22.3 points, or 0.46 per cent, at 4,897.8 points, while ... |
| | | | UBS Global Asset Management is teaming up with the $16 billion industry fund REST in a green energy investment project touted to be behind one of the largest wind farms in the country. Both REST and UBS GAM are buying the Collgar Wind Farm. UBS GAM ... |
| | | | Colonial First State Global Asset Management (CFS GAM) has appointed ASSET4 as an additional environment, social and governance (ESG) research provider. ASSET4, which was bought by Thomson Reuters in November last year, has developed the world's largest ... |
| | | | National Australia Bank has reached binding terms with French company AXA and AXA Asia Pacific to buy the firms' Australian and New Zealand businesses for $4.6 billion. According to a press statement released yesterday, the deal includes a proposal ... |
| | | | The Australian stock market has received mostly positive leads from offshore markets, with Wall Street trading higher and copper and oil prices firmer, although gold and silver futures prices were weaker. At 0734 AEDT, on the Sydney Futures Exchange ... |
| | | | The Australian stock market was in positive territory at noon supported by gains in the resources sector. At 1200 AEDT, the benchmark S&P/ASX200 index was up 13 points, or 0.27 per cent, at 4,910.3 points, while the broader All Ordinaries index had ... |
| | | | In a seminal move, the Financial Services Authority (FSA) has banned financial advisers from accepting commissions for recommending a product from 2012. The FSA also ruled that financial advice firms must be upfront about how much they charge for their ... |
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