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Showing 2231 - 2240 of 3273 results for "Associate"

Call for change follows Perpetual 57% profit fall

BEN COLLINS  |  THURSDAY, 30 AUG 2012
Perpetual needs more accelerated and fundamental change, said chief executive and Managing Director Geoff Lloyd, after announcing the group's $26.7 million net after tax profit - a 57% fall on the previous year. A group-wide cost reduction program in ...

Dangers of hybrid securities unrecognised: Adviser

LINDA HAUSKEN  |  WEDNESDAY, 29 AUG 2012
Hybrid securities poses great dangers for investors as they become more like shares as opposed to being more bond-like in the past, according to a financial adviser. Hybrid securities are one way for companies to borrow money from investors, while paying ...

SmartBeta solution tackles passive MySuper index approach: AXA IM

BEN COLLINS  |  WEDNESDAY, 29 AUG 2012
AXA Investment Managers (AXA IM) has released a series of corporate bond strategies intended to help super funds address MySuper requirements. 'SmartBeta' credit strategies enable super funds to achieve low-cost global credit exposure without the drawbacks ...

Hastings grows European infra team

MELANIE TIMBRELL  |  TUESDAY, 28 AUG 2012
... on current infra opportunities in the Northern Hemisphere. Locally, the firm has recently appointed Nadia Karkar as associate director based in the firm's Melbourne offices. Karkar joins from law firm Weil, Gotshal & Manges LLP where she specialised ...

Smarter lifecycle approach to staunch SMSF flow

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
The quality of the debate on lifecycling in Australia has improved, according to Standard Life Investments, although many super funds are still grappling with product design into the post retirement phase. There is genuine concern in the industry that ...

BNP Paribas IP appoints head of super

LINDA HAUSKEN  |  WEDNESDAY, 22 AUG 2012
... appointed Angus Carson as head of superannuation and government institutions. Prior to joining, Carson held the role as an associate director of institutional sales at Ambassador Funds Management Services. He has also previously worked at Macquarie Professional ...

APRA tweaks insurance in super

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
APRA will change its stance on insurance in super, allowing registered superannuation entities to seek income protection through general rather than life insurance providers alone. Acknowledging that APRA's initial approach was prescriptive, deputy ...

Challenger attributes 20% profit growth to annuity/life

MELANIE TIMBRELL  |  MONDAY, 20 AUG 2012
Challenger Limited has announced a normalised net profit after tax (NPAT) of $297 million for FY12, up 20% on FY11 following record Life and retail annuity product sales. Challenger's Life division posted total product sales of $2.66 billion, with a ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
Stewart Levitt, the lawyer representing victims of the failed Storm Financial Group has advised clients not to accept an out-of-court settlement, should one be offered. Levitt advised his clients not to support any move by the Australian Securities ...

Conflicts of interest worry ASIC

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
Following its recent review of the asset consultant industry, the Australian Securities & Investments Commission (ASIC) has expressed concerns over fee structure conflicts of interest based on preferring services. ASIC conducted the review as part of ...