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Showing 1371 - 1380 of 2042 results for "EIT"

Zurich says no to online sales

MARK STORY  |  THURSDAY, 9 AUG 2012
Based on heartening satisfaction levels experienced by SME businesses when dealing with Zurich's traditional broking channels, the insurer has consciously decided to avoid the gravitation towards online sales taken by its competitors to boost investments. ...

Legal challenges face default super inquiry

MELANIE TIMBRELL  |  WEDNESDAY, 8 AUG 2012
The changing role of Government in recommending default super funds in modern awards could lead to worker legal action against the Commonwealth. The Law Council of Australia issued the warning at public hearings held by the Productivity Commission (PC) ...

A question of survival

BEN COLLINS  |  FRIDAY, 3 AUG 2012
Lawmakers have stepped up and have responded to the history of product flogging in wealth management, leading to an inflection point where the only fund managers that will survive are those willing to reinvent their business. Fund managers will either ...

Annuities regaining acceptance: Challenger

ALEX DUNNIN  |  FRIDAY, 3 AUG 2012
Life annuities sales have increased rapidly following the GFC's onslaught on retirement assets, but investors and advisers are still wary about what happens to their capital if they don't live long enough to exhaust the annuity. "We now sell in a month ...

If not now, when?

BENJAMIN ONG  |  FRIDAY, 3 AUG 2012
After all is said and done, much was said but nothing was done. Risk-takers have every reason to feel disappointed for none of the central banks - Fed, ECB, BOE -- that met this week walked their talk (the BOE though didn't do much talking). There weren't ...

Keynes & Riccardo on display

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2012
Financial markets sit and wait while the CBs meet. No one wants to be whipsawed either way. Not even the headlines... if anybody noticed. There is not the usual sensationalism that goes with each daily move in the markets - dragging out all the negative ...

AGEST bungle isolated: BNP Paribas

BEN COLLINS  |  THURSDAY, 26 JUL 2012
French investment bank BNP Paribas has said that the miscalculation of AGEST Super returns reported yesterday was an isolated incident. AGEST Super recently wrote to affected members advising them that they have either been under or over paid - after ...

AGEST bungles returns

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
AGEST Super has written to some members advising them that they have either been under or over paid - after custodian BNP Paribas miscalculated returns. The mistake will cause approximately 5000 balances being revised down and 18,000 revised up. "We ...

Deutsche Bank job cuts

BEN COLLINS  |  FRIDAY, 20 JUL 2012
Deutsche Bank Australia has declined to either confirm or deny recent job cut rumours. Bloomberg yesterday reported that Deutsche Bank would consider cutting up to 1000 positions in its investment bank after declines in revenue. The job cuts would be ...

Investors ignoring credit

BEN COLLINS  |  FRIDAY, 13 JUL 2012
Retail investors are ignoring the middle ground between equity and fixed interest, "bar-belling" portfolio asset allocation between the two extremes, according to a paper released by boutique global credit manager, Bentham Asset Management. "I am quite ...