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Showing 171 - 180 of 230 results for "July 15th"

Macquarie eyes Middle East with JV

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
Macquarie is looking to deepen its Middle Eastern footprint by entering a joint venture with Gulf Finance House, an investment bank led by former NAB chief, Ahmed Fahour. Gulf Finance House announced two days ago that it intended to establish a joint ...

Firm hails the next emerging market

MICHAEL HOBBS  |  TUESDAY, 25 AUG 2009
Looking for the next investment trend? Eastern Europe could be the answer, with one asset manager's flagship fund returning more than 20 per cent annualised since inception. Michael Hanson-Lawson, chief executive at East Capital Asia, said while a long-term ...

Premium shareholders approve program

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
Premium Investors' shareholders have voted in favour of the board's proposed capital management program. Shareholders voted on three resolutions at a general meeting yesterday. The first resolution included an immediate off-market equal access buy-back ...

Mercer's self employed advice strategy falls short

MICHAEL HOBBS  |  FRIDAY, 31 JUL 2009
Mercer Wealth Solutions' strategy to sign self-employed financial planning practices has netted only two practices in a year, well short of the expected 12 practices flagged last year. Mercer Wealth Solutions launched its self-employed financial planning ...

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments. UniSuper announced online on 7 July that it had decided to initiate "Clause ...

Super changes hit retirees

COMPANY RELEASE  |  WEDNESDAY, 17 JUN 2009
Self-funded retirees will be hit hardest by the Federal Government's changes to super, according to Martin Murden, director of Partners Superannuation Services. According to Murden self-funded retirees are among a select few who don't hold out their ...

Finsuper members flock to new insurance

MICHAEL HOBBS  |  THURSDAY, 4 JUN 2009
More than 350 Finsuper Division members, a division within AustralianSuper that caters for financial services workers, have taken up the fund's new insurance offer in the 10 days since it launched. The Finsuper Division was created to cater for financial ...

Westscheme raises admin fees

RUTH LIEW  |  MONDAY, 23 MAR 2009
Westscheme is increasing its weekly administration fees by up to 20 per cent - following the footsteps of other industry funds hiking their fees in a bid to meet rising operational costs. The $2.4 billion Westscheme noted in a recent newsletter to members ...

Insurance taxes should be slashed: NIBA

MEDIA RELEASE  |  TUESDAY, 3 MAR 2009
The average household in Victoria pays as much as 50 per cent more in house and contents cover due to government-related insurance taxes, prompting an insurance industry body to call for tax reforms ahead of the bushfire royal commission. The National ...

Beautiful set of numbers

BENJAMIN ONG  |  FRIDAY, 12 DEC 2008
"This is a beautiful set of numbers." (Paul Keating). What is? The Australian Bureau of Statistics' (ABS) Labour Force report for November of course. But many headlines did not see it that way. Bloomberg headline: Australia Lost 15,600 Jobs, Adding ...