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Showing 1241 - 1250 of 2104 results for "MAX"

ASIC bans former Guardian Advice planner

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
ASIC has permanently banned a former Guardian Advice representative. Andrew Moroney worked under the Guardian Advice licence from 2006 to 2014, during which time ASIC alleged he engaged in deliberate "policy churn" - annually recommending clients replace ...

Combined Insurance to cease new Australian business

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
Combined Insurance has announced it will cease writing new Australian business on April 22. The insurer said that the decision will not impact existing policies and followed a "detailed review of the company's business operations and growth prospects." ...

$1m does not make you rich, Australians say

MARK SMITH  |  MONDAY, 15 FEB 2016
A fifth of those with a household income of $200,000 are living pay-cheque to pay-cheque and having $1 million does not make you rich. Those were two of the many striking perceptions to come out of a new survey from MLC aimed at providing advisers and ...

Henderson reports record inflows

DARREN SNYDER  |  FRIDAY, 12 FEB 2016
Global asset manager Henderson Group has flagged three Australian acquisitions and the launch a new fund in the country as part of a successful 2015 that saw record net inflows and underlying profits. The firm reported its full year results to the Australian ...

MetLife reports 2015 earnings slump

ALEX BURKE  |  TUESDAY, 9 FEB 2016
MetLife has released its full year 2015 results, showing a 16% decrease in operating earnings to US$5.5 billion ($7.7 billion). MetLife's report attributed this to "a strong US dollar, lower variable investment income and a previously announced third-quarter ...

AMP Capital appoints multi-asset portfolio manager

MARK SMITH  |  MONDAY, 8 FEB 2016
AMP Capital has appointed a new portfolio manager to its multi-asset group. Darren Beesley joins the asset manager from IAG Asset Management where he was portfolio manager for the asset allocation team. Prior to that, he was with Perpetual as portfolio ...

Those who want a job can get a job

BENJAMIN ONG  |  MONDAY, 8 FEB 2016
Fed action is data-dependent. These words have been etched into Fed policy statements for as long as I could remember. The data most relevant to the US central bank, of course, are those that directly reveal progress on its dual "statutory mandate" ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has launched a campaign for defined benefit pensioners who received a shock in their first 2016 Age Pension payment. On behalf of DB pensioners CPSA is proposing to write to federal Treasurer ...

Martin Currie argues for multi-assets in retirement

DARREN SNYDER  |  MONDAY, 1 FEB 2016
Active equity specialist Martin Currie proposes Australians should invest in a retirement income portfolio that is multi-asset and focused purely on Australian assets. The proposal arises from Martin Currie's latest white paper - Rethinking 'safe' investments ...

Half of financial services to divest: EY

DARREN SNYDER  |  WEDNESDAY, 27 JAN 2016
Fifty-six per cent of financial services companies expect to execute a divestment within the next two years and 43% are likely to divest this year according to an EY global survey. The survey of more than 1000 company executives also showed 53% of financial ...