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Showing 1901 - 1910 of 3163 results for "Owner"

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 ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

The social benefits of advice

ALEX BURKE  |  WEDNESDAY, 28 OCT 2015
The true value of financial advice lies in its social and emotional benefits, according to Effortless Engagement owner Dean Lombardo. Speaking at the Association of Financial Advisers National Adviser Conference in Cairns, Lombardo related how he'd ...

AXA IM to launch impact fund in Australia

LAURA MILLAN  |  TUESDAY, 27 OCT 2015
AXA IM will launch an impact investing fund of funds strategy targeting institutional investors in Australia. The strategy will be the second impact investing fund managed by AXA IM global head of responsible investment Matt Christensen. Christensen ...

Vision Super and Financial Synergy implement new admin platform

DARREN SNYDER  |  MONDAY, 26 OCT 2015
Vision Super has appointed industry software provider Financial Synergy to implement a new registry administration system at the $7.5 billion superannuation fund. The administration platform is reported to improve the fund's efficiency and capability ...

AMP appoints ESG analyst

LAURA MILLAN  |  MONDAY, 26 OCT 2015
AMP Capital has appointed a senior investment analyst to its Environmental, Social and Governance (ESG) investment research team to increase the manager's focus on corporate governance. Kristen Le Mesurier will report to head of ESG research Ian Woods ...

AIA launches adviser support service

ALEX BURKE  |  FRIDAY, 23 OCT 2015
AIA Australia has launched its Business Growth Hub, a service aimed at supporting advice business owners. The service is available online and through AIA's client development team, and provides planners with strategic business advice on issues such ...

Prime Value launches SIV fund

LAURA MILLAN  |  THURSDAY, 22 OCT 2015
Prime Value Asset Management has launched a small and micro caps fund that is compliant with the significant investor visa (SIV) program. The launch of the Prime Value Emerging Opportunities Fund follows recent changes to the SIV regulations, which ...

WBC rate lift pressures RBA rate cut

BENJAMIN ONG  |  THURSDAY, 15 OCT 2015
... expectations from "maybe" to "sure thing baby" - even as early as next month - after it raised its property mortgage rates - owner-occupied and residential investment - by 20 basis points effective 20 November. More so, if the other big three banks - ...

Monopolies offer best infrastructure returns: Lazard

MARK SMITH  |  TUESDAY, 13 OCT 2015
... bring lower levels of predictability to the return." Companies that fall within that universe are Transurban Group, the owner of virtually all the toll roads on the eastern seaboard of Australia. Further afield there is Atlantia and VINCI that operate ...