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Showing 161 - 170 of 509 results for "Purchasing"

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
... help them get to their savings target more quickly. Cole said the draft legislation clarifies that first home buyers purchasing a home with a partner who has already owned a home, will not be excluded from using the scheme. Other key features include ...

Direct life insurance review underway: ASIC

KARREN VERGARA  |  FRIDAY, 28 JUL 2017
A major review investigating why some consumers are worse off from purchasing life insurance via direct channels is underway. ASIC senior executive leader and regional commissioner, Michael Saadat, told the FSC Leaders Summit this week that the corporate ...

MLC Life launches group insurance platform

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2017
... life insurance and transparency, according to MLC Life chief customer officer of group insurance Suzanne Smith. Since purchasing an 80% stake in MLC Life last year, Nippon Life has injected millions into the life company's digital strategy; with Smith ...

Super system needs work on environmental and governance factors

DARREN SNYDER  |  FRIDAY, 21 JUL 2017
... strong ranking in overall finances in retirement (fifth overall). Natixis said this demonstrates positive signs for the purchasing power of retirees. While Australia still ranks favourably for governance, a slight decline in its indicator score sees ...

Sunsuper acquires multi-million dollar shopping centre

EMMA RAPAPORT  |  SATURDAY, 8 JUL 2017
Sunsuper is purchasing a major shopping centre in sub-regional New South Wales, marking the $45 billion super fund's first direct retail acquisition. Marketown Shopping Centre in Newcastle is being acquired by AMP Capital on behalf of Sunsuper for about ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
FoFA reforms protecting consumers against conflicting remuneration structures when purchasing wealth products should be broadened to retail banking consumers as well, according to the Finance Sector Union. Speaking at yesterday's Senate inquiry into ...

Expansions maintained despite dashed expectations

BENJAMIN ONG  |  MONDAY, 26 JUN 2017
Markit Economics' preliminary estimates show that while the purchasing managers' indices (PMI) for the US, the Eurozone and Japan all came in below market expectations, all remained in expansion. The IHS/Markit flash US composite output index slipped ...

TelstraSuper commits to innovation

EMMA RAPAPORT  |  TUESDAY, 30 MAY 2017
... at a variety of universities. The investment has been made through TelstraSuper's Private Equity Market Portfolio by purchasing a stake in London Stock Exchange-listed IP Group. TelstraSuper chief investment officer Graeme Miller said the fund is proud ...

Australians pass on life insurance

EMMA RAPAPORT  |  TUESDAY, 23 MAY 2017
... confident about doing things themselves that they previously couldn't do like researching life insurance online and then purchasing it directly," Real Insurance founder Richard Enthoven said. "Not all Australians can afford or need financial advice so ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... Australian consumers won't be in a hurry to bump up discretionary spending anytime soon - worse, they may even cut down on purchasing necessities. The sluggish growth in wages is the other hand that's not clapping for ScoMo. The May 2017 Budget predicts ...