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Showing 1471 - 1480 of 2389 results for "Flex"

NAB arranges NEXTDC corporate bond issuance

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
National Australia Bank (NAB) will become the sole arranger and bookrunner for a $30 million corporate bond issuance by data centre provider NEXTDC Limited, the first of its kind to be arranged by NAB. The five-year senior unsecured notes offer a coupon ...

Jeremy Cooper: Rethinking retirement

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
Challenger's Jeremy Cooper talks to FS Super associate editor James Fernyhough about retirement income, challenging some widely-held beliefs about the drawdown phase of superannuation. As one-time chair of the Cooper Review, Jeremy Cooper knows Australia's ...

Baby boomers account for four in five dollars under advice

MARK SMITH  |  TUESDAY, 27 MAY 2014
Over 55s now account for two-thirds of all financial planning clients, and four out of every five dollars under advice, the latest report from researcher Investment Trends shows. An aging population and generational wealth differences have made retirees ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by ...

SMSF flexibility makes them error prone

ALEX DUNNIN  |  FRIDAY, 16 MAY 2014
Self-managed super funds not being required to report to their members is one of the reasons these funds are vulnerable to compliance problems. Speaking at this week's Financial Services Technical Services forum, AMP SMSF Administration head of technical ...

Businesses offered $10k to hire over-50s

JAMES FERNYHOUGH  |  TUESDAY, 13 MAY 2014
Businesses will be paid $10,000 for employing workers over 50, the government is expected to announce in this evening's budget. The initiative will go alongside a staggered rise in the Age Pension eligibility age, reaching age 70 by 2035. Under the ...

MLC awards $1 billion Aussie equities mandate

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
MLC has awarded a mandate of over $1 billion to an Australian shares index strategy. The NAB-owned company has awarded the mandate to Redpoint Investment Management, which will manage the strategy within MLC's Horizon 2 - 7 and Inflation Plus portfolios. ...

BNP Paribas signs up to TARGET 2

JAMES FERNYHOUGH  |  MONDAY, 12 MAY 2014
BNP Paribas has announced it will be a 'directly connected participant' of the TARGET 2 Securities (TS2) settlement program. The TARGET 2 - which stands for Trans-European Automated Real-time Gross settlement express transfer system - is an initiative ...

AMP wealth management cashflows up 72%

MARK SMITH  |  THURSDAY, 8 MAY 2014
AMP's wealth management net cashflows jumped 72% in the first quarter to $363 million, up from $211 million for the same period last year. AMP's North platform was a key growth driver of the rise with $1 billion in net cashflows for the quarter, the ...

Higher pension age to drive increase in early super releases

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2014
The government's decision to lift the pension age has raised the ire of advocates for manual workers but these workers represent only a minority of the workforce. According to the Australian Bureau of Statistics, 10% of Australia's 11.5 million labour ...