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Showing 1221 - 1230 of 1941 results for "SAFE"

VicSuper to offer Challenger annuities

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... Challenger's guaranteed term and lifetime annuities, and are "designed to help members protect against longevity risk and provide a safe and reliable income stream in retirement." VicSuper chief executive Michael Dundon said: "Our partnership with Challenger ...

Share trader jailed over $260,000 fraud

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... before being eligible for parole. He told the told the investors, who lived in the NSW Central Coast, that he had set up a safe share trading investment scheme that would provide them with reliable returns of between 12% and 30% per annum. Instead, Jones ...

Wealth division boosts ANZ profit

MARK SMITH  |  FRIDAY, 31 OCT 2014
ANZ has posted a 10% rise in full year cash profit to $7.12 billion, with the bank's wealth division contributing significantly. The bank's overall net profit was up 15% to $7.3 billion. A final dividend of 95 cents per share, fully franked, is up 14% ...

NAS grows assets under custody

JAMES FERNYHOUGH  |  WEDNESDAY, 29 OCT 2014
... Australian custodians now hold close to $2.5 trillion. HSBC retained its position as the major sub-custodian in Australia, safe-guarding $684 billion for non-Australian investors in Australia. That figure represents 66% of all Australian sub-custody ...

Better corporate cash management lifts returns

ALEX DUNNIN  |  FRIDAY, 24 OCT 2014
Inefficient cash management is costing Australian corporates millions of dollars in extra unnecessary fees and governance risks, impacting their financial performance and in turn costing investors and super fund members foregone investment returns. ...

Bitcoin exchange goes live

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
Bitcoin enthusiasts who want to trade the controversial cryptocurrency in a formal setting can now do so, with the launch of Independent Reserve's Bitcoin exchange. The exchange, which is based in Sydney, goes live today. Independent Reserve chief executive ...

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...

MySuper hurts low balance members: UniSuper CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 1 OCT 2014
... from modern awards, the government has said nothing about targeting EBAs, which suggests UniSuper's distribution model is safe for the time being.

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
Financial sector stocks are often seen as a safe investment with almost no downside regardless what happens to the world economy, but global re-regulation of finance is causing investment strategists to question whether the tide is turning. The re-regulation ...