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Showing 13871 - 13880 of 29117 results for "PRI"

Venture capital is back in vogue

DARREN SNYDER  |  THURSDAY, 10 DEC 2015
During a week where Prime Minister Malcolm Turnbull has put Australia's innovation in the spotlight and offered more incentives for angel investors, there is a feeling venture capital is back in vogue. Corporate lawyer and MinterEllison partner Riccardo ...

UniSuper develops retirement product

LAURA MILLAN  |  THURSDAY, 10 DEC 2015
UniSuper is developing FlexiChoice, a lifetime retirement income solution that addresses issues such as longevity or sequencing risk. The comprehensive income product for retirement (CIPR) is designed to provide members with access to a default lifetime ...

Pillar privatisation confirmed

MARK SMITH  |  THURSDAY, 10 DEC 2015
The NSW Government has confirmed it will sell its superannuation administrator Pillar, ending months of speculation. The state government will invest the proceeds of the privatisation into vital services and infrastructure, NSW Treasurer Gladys Berejiklian ...

Retail funds risk member exodus

LAURA MILLAN  |  THURSDAY, 10 DEC 2015
More than 20% of retail superannuation fund members are thinking about leaving within the next five years, CoreData research found. Members likely or very likely to move to another fund regulated by the Australian Prudential Regulation Authority (APRA) ...

Four steps up, four steps down

BENJAMIN ONG  |  THURSDAY, 10 DEC 2015
Is the Reserve Bank of New Zealand (RBNZ) just toying with monetary policy or what? This is the feeling one gets when one looks at the history of the RBNZ's adjustments to its official cash rate target over the past few years. Yesterday's decision by ...

SMSFs could own Kidman Station

LAURA MILLAN  |  WEDNESDAY, 9 DEC 2015
A crowd-funded initiative is proposing that self-managed super funds (SMSFs) raise about $360 million to acquire Kidman Station. The initiative, started by retail investment platform DomaCom and financial adviser Stephen Burgin, was set up following ...

CBA makes senior advice appointment from AMP

ALEX BURKE  |  WEDNESDAY, 9 DEC 2015
CBA has appointed a new general manager, bank financial planning and an independent chair to its advice board. Hugh Humphrey joins CBA from AMP, where he was director, strategy and transformation for the group's advice, bank and corporate super businesses. ...

Blue Sky to raise $200m for new VC fund

MARK SMITH  |  WEDNESDAY, 9 DEC 2015
Blue Sky Venture Capital is launching a new $200 million venture capital (VC) fund targeted at institutional investors to invest in later-stage deals in Australia and overseas. VC fundraising in Australia increased to $368 million last financial year ...

Economist says innovation one small part of growth

DARREN SNYDER  |  WEDNESDAY, 9 DEC 2015
The federal government's innovation statement was well received among the financial services industry but there are still gaps to be filled in transforming Australia's fiscal growth according to a chief economist. Providing his global economic and market ...

NZ Super appoints new chair

DARREN SNYDER  |  WEDNESDAY, 9 DEC 2015
The $28 billion New Zealand Superannuation Fund has appointed a new board chair following the recent resignation of Gavin Walker. The internal appointment sees Guardians of New Zealand Superannuation deputy chair Catherine Savage promoted to the top ...