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Showing 1961 - 1970 of 5162 results for "Rest"

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
... Super topped the ladder, raking in $4.7 billion in premiums and paying 42% or nearly $1.95 billion in benefits. Industry fund Rest, which recently appointed TAL as its group insurer after a 15-year relationship with AIA Australia, took in $3.4 billion ...

Dealer group transitions to fee-based model

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
A dealer group has ditched grandfathered arrangements ahead of the 2021 deadline and transitioned the majority of its network to a fee-for-service model. ASX-listed Centrepoint Alliance moved 200 out of 226 of its financial advice firms to a new "transparent ...

Industry funds could solve energy crisis: ISA

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
... the climate debate rages on, Australia's ageing energy infrastructure continues to fall further and further behind the rest of the world. Much of the heavy industry has already gone, costing jobs and driving power costs up even further," Anthony ...

IOOF names new chief executive

HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
IOOF has appointed a permanent chief executive and managing director. Acting chief executive Renato Mota has been appointed to permanently lead the embattled wealth manager through a significant period of upheaval. The wealth firm also appointed Mota ...

Rest increases renewable energy investment

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
... will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio. Rest has agreed to buy out UBS Asset Management's 60% stake in Western Australia's Collgar Wind Farm, taking full ownership of the ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
It appears the Bank of England (BOE) is marching to a different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing ...

MetLife appoints new distribution lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
A former Sunsuper and MLC executive will now lead MetLife's distribution capabilities. Former Sunsuper executive general manager, growth, advice and marketing Michael Mulholland has been named chief distribution officer at the life insurer. Mulholland ...

Westpac names business arm chief executive

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
Westpac has named the chief executive of its newly formed business division after announcing a group restructure in March. Guilherme (Guil) Lima joins the Westpac group from HSBC, where he was most recently group head of wealth management for the last ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

Fee discounts harder for active ETFs

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
High net worth financial advisers may be reluctant to allocate to active ETFs because of the cost benefits on offer with unlisted trusts. Active ETFs account for just $3 billion of Australia's total $47 billion invested through exchange-traded products. ...