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Showing 12671 - 12680 of 18278 results for "Plan"

AXA overseas recruitment drive slows

MICHAEL HOBBS  |  WEDNESDAY, 24 FEB 2010
AXA Australia's financial planning recruitment drive in the UK and South Africa has slowed with the financial services firm adding only two planners from those countries in the past six months. The firm has promoted the opportunity to join its Australian ...

VTP board backs capital return to shareholders

MICHAEL HOBBS  |  TUESDAY, 23 FEB 2010
... capital back to shareholders. The board and an independent expert, Lonergan Edwards & Associates, unanimously backed the plan, which involves a capital return that would amount to about 95 per cent of VTP's gross tangible assets. That capital return ...

Anderson appointed MD of Mercer

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
David Anderson has been appointed managing director and market leader for Australia/New Zealand at Mercer, while the incumbent, Peter Promnitz, will now focus solely on his role as region head for Asia Pacific. Peter Promnitz has held the dual role ...

QIC taps lifecycle strategies

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
QIC has developed new lifecycle investment solutions aimed at adjusting risk to complement existing investment strategies available to super funds. The lifecycle strategies will be used to adjust the risk faced by a member as he or she approaches retirement. ...

Pensions fail to direct manager voting

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
... saw a 10 per cent decrease this year in the number of firms that said they receive guidance or direction from their pension plan clients on how those clients' proxies should be voted," said SHARE director of law and policy, Laura O'Neill in a statement. ...

Penny for Benny's thoughts

BENJAMIN ONG  |  TUESDAY, 23 FEB 2010
Beep...beep...beep. Should have just slept in this morning given the bo-ring action on Wall Street overnight. "U.S. Stocks Retreat as Commodity Shares Drop, Banks Advance" was the headline on Bloomberg as it tried to justify the 0.1 per cent slip - ...

Challenger income and index fund boost profit

MICHAEL HOBBS  |  MONDAY, 22 FEB 2010
Challenger Financial Services saw net profit after tax (NPAT) rise in the first half of the financial year thanks to strong returns from its life company division and the expansion of its product offering. The firm's normalised NPAT rose nine per cent ...

Russell wins OneSteel mandate

COMPANY RELEASE  |  MONDAY, 22 FEB 2010
Russell has snagged one of the biggest master trust mandates when OneSteel outsourced its $1.1 billion corporate fund to the Russell Super Solution Master Trust (SSMT). The OneSteel superannuation fund has almost 11,000 members. Russell Investments ...

SPAA names award winners

MICHAEL HOBBS  |  FRIDAY, 19 FEB 2010
Philip Mason Cox, director at Hayes Knight Financial Planning and Shirley Schaefer, treasurer of SPAA's South Australian state chapter, were recognised at last night's SPAA awards. Brisbane-based, Mason Cox, received the Self Managed Super Fund Professionals' ...

Mortgage trust managers have lots of questions to answer

JOHN KAVANAGH  |  FRIDAY, 19 FEB 2010
Mortgage fund managers have spent the past couple of days in damage control, reassuring planners and investors that the assets of their funds are secure. These moves come in the wake of the announcement by Colonial First State on Tuesday that it would ...