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Showing 1501 - 1510 of 2389 results for "Flex"

AMP Flexible Super adds new insurance and investment options

MARK SMITH  |  THURSDAY, 6 MAR 2014
AMP has changed its insurance option and added new investment choices to its flagship retirement product, AMP Flexible Super. AMP said the new death and total and permanent disability (TPD) insurance option, Super Protection, will offer allow customers ...

AMP launches new corporate super offering

JAMES FERNYHOUGH  |  TUESDAY, 4 MAR 2014
AMP has launched a new corporate super product aimed at mid-sized employers. The product, named SignatureSuper Select, will target companies with between 50 and 750 employees - a segment which it says accounts for 25% of the workforce. AMP said the ...

Bennelong WP creates CIO position

HARRY PAGE  |  THURSDAY, 27 FEB 2014
Bennelong Wealth Partners, has appointed George Nassios to the newly created role of chief investment officer. He will report to Bennelong Wealth Partners chief executive Fiona Rowland. Nassios was previously the chief investment officer for Deutsche ...

Life insurance losses drag AMP results

LAURA MILLAN  |  THURSDAY, 20 FEB 2014
AMP has attributed its 2% fall in net profit from $689 million in 2012 to $672 million in 2013 to difficulties in its life insurance business. The company meanwhile reported an underlying profit of $849 million in FY13 compared to $950 million for FY12 ...

SMSF industry welcomes more flexible penalties

ALICE URIBE  |  THURSDAY, 20 FEB 2014
The government's re-introduction of measures that allow for more flexible penalties for trustees who breach rules has received general support from the self-managed superannuation fund (SMSF) industry. Speaking at the 10th SPAA SMSF National Conference ...

Actuaries call for overhaul of retirement phase rules

JAMES FERNYHOUGH  |  MONDAY, 17 FEB 2014
The Actuaries Institute has called for profound change to the regulation of the retirement phase of superannuation, including changing the rules around lumps sum withdrawals and removing impediments to older people who want to continue working. In its ...

Equity-like bonds most attractive

MARK SMITH  |  MONDAY, 17 FEB 2014
Equity-like fixed income areas and higher real-yielding sovereigns in developing markets can provide strong bond opportunities for 2014, according to Brandywine. The prospect of rising interest rates globally has lowered investors return expectations ...

Bendigo Bank lifts cash profit

AAP  |  MONDAY, 17 FEB 2014
Bendigo and Adelaide Bank has lifted its first half cash profit almost 10 % after lower funding costs helped improve its margins. The bank made a cash profit of $185.9 million for the six months, up from $169.7 million a year ago. But net profit fell ...

AIST adopts middle ground on board structure

JAMES FERNYHOUGH  |  THURSDAY, 13 FEB 2014
Super funds should not be forced to include a third quota of independent directors on their boards, but the law should be changed to allow them to do so if they wish, according to the Australian Institute of Superannuation Trustees (AIST). Contrary ...

ASIC takes most action against small business owners

LAURA MILLAN  |  MONDAY, 3 FEB 2014
The Australian Securities and Investments Commission (ASIC) took most of its criminal, civil and administrative actions against small business owners in the second half of 2013. The ASIC Enforcement Report from July to December 2013 reveals that the ...