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Showing 1531 - 1540 of 2662 results for "SEPA"

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
National Australia Bank (NAB) has agreed to sell 80% of MLC's insurance business for $2.4 billion, but it estimates it will lose over $1.5 billion in the transaction. The bank told investors that the transaction would involve an indicative loss of $1.1 ...

Lonsec Research appoints new CEO

DARREN SNYDER  |  THURSDAY, 29 OCT 2015
Lonsec Research has appointed a new chief executive following the departure of David Erdonmez in June. Joining the research house is former Energy Industries Super Scheme chief investment officer Matt Olsen. The appointment is effective immediately. ...

PROFILE: Blue Sky managing director Mark Sowerby

MARK SMITH  |  MONDAY, 19 OCT 2015
Slathered in Vaseline and leaping from a tiny pilot boat to embark on a gruelling 14 hour swim of the chilly English Channel might seem a far cry from running an alternative investment business out of sunny Brisbane, but Blue Sky founder and managing ...

Aussie fintech partners with Alibaba

DARREN SNYDER  |  TUESDAY, 13 OCT 2015
Australian fintech lender GetCapital is offering finance to support purchases on Alibaba.com from suppliers in any country under a new partnership announced recently. The collaboration is, for the first time, providing Australian importers and exporters ...

Monopolies offer best infrastructure returns: Lazard

MARK SMITH  |  TUESDAY, 13 OCT 2015
Investors looking for a more attractive risk-reward pay-off than the wider equity market should consider infrastructure companies with monopolistic businesses and revenue linked to inflation, according to Lazard. Warryn Robertson, portfolio manager ...

SelectingSuper fund award nominees announced

MARK SMITH  |  MONDAY, 12 OCT 2015
SelectingSuper has announced the nominees for the 2015 annual super fund and product awards to be held on 18th November at the RACV Club in Melbourne. The annual awards which are sponsored and supported by La Trobe Financial, acknowledge the best funds ...

More must be done to cut fees: FSC

MARK SMITH  |  THURSDAY, 1 OCT 2015
Average working Australians would have thousands of dollars more in their retirement savings if bigger superannuation funds faced stronger competitive tensions, the Financial Services Council has said. A new report released in the FSC's submission to ...

Retail funds recommending advice fee rates

MARK SMITH  |  WEDNESDAY, 30 SEP 2015
While retail super funds post-FOFA have unbundled their embedded advice commissions, half still recommend an average 0.55% in ongoing advice service fees, the annual super fee survey from Rainmaker reveals. As a result of the compulsory adoption of ...

Managed Accounts challenge to retail wealth groups

ALEX DUNNIN  |  WEDNESDAY, 30 SEP 2015
Almost all major retail wealth groups now offer managed accounts but that doesn't mean they are using the same strategy to get involved with the emerging sector. Rainmaker has just completed its second annual Managed Accounts report containing a detailed ...

SMAs on Macquarie Wrap pass $100m milestone

STAFF WRITER  |  TUESDAY, 29 SEP 2015
Separately managed accounts (SMAs) on Macquarie Wrap have passed $100 million in funds under administration in its first year. The functionality was added to Macquarie Wrap in September 2014 to provide financial advisers with access to a range of SMAs. ...