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Showing 211 - 220 of 360 results for "Tier 1"

SG freeze to hit young and low income earners hardest

JAMES FERNYHOUGH  |  WEDNESDAY, 3 SEP 2014
The government's decision to hold off raising the superannuation guarantee will cost young people tens of thousands of dollars in retirement savings, according to figures released by Industry Super Australia. A 25-year-old on $40,000 a year will miss ...

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
Challenger's $530 million capital raising program is likely to tighten the company's already firm grip on the lucrative annuities market. The figure will be raised from a combination of a $250 million institutional share placement and a $30 million ...

PROFILE: Australian Unity PFS CEO Steve Davis

LAURA MILLAN  |  WEDNESDAY, 13 AUG 2014
Born in Queensland and raised in Fiji, the United States and Perth, Steve Davis was a professional basketball player. But the financial services industry drew his interest and became his passion, he tells Laura Millan. Today, Davis is chief executive ...

Senate report, a turning point for advice industry

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
The financial services industry is at a turning point after the Senate Economics Committee report stressed the need for dramatic changes in the way the advice sector operates. The Financial Planning Association (FPA) said that "Australia's complex financial ...

MDA provider appoints lawyer to senior role

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
Managed Account Holdings has appointed a senior lawyer as company secretary, ahead of its listing on the Australian Securities Exchange (ASX). The owner of managedaccounts.com.au has appointed Jillian McGregor for her experience working in mid and top ...

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
For those who still doubt that expectations matter in the financial market, last night's double boo boo on Wall Street should cast those doubts aside. The Institute of Supply Management (ISM) released its manufacturing index for May last night. Markets ...

Defence Bank unveils pension product

STAFF WRITER  |  WEDNESDAY, 30 APR 2014
The Defence Bank has launched a new product designed for members in either the accumulation or the retirement stage of life. Defence Bank Super is a "Tier 1" product, meaning members can get information about it from one of the Defence Bank's retail ...

Crowe Horwath appoints chief executive

LAURA MILLAN  |  WEDNESDAY, 20 NOV 2013
Crowe Horwath Australasia has appointed a new chief executive and managing director after it renamed from WHK Group in mid-2013. The company's former chief executive John Lombard stepped down from his position following a review of the company's performance ...

ASIC asks for public adviser register to track "bad apples"

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
The Australian Securities and Investments Commission (ASIC) has asked for a public register of financial advisers detailing licensee records so the regulator and investors can easily identify "bad apples." In a submission to the Senate inquiry about ...

Lonsec nabs Investec equities team

LAURA MILLAN  |  THURSDAY, 24 OCT 2013
Lonsec has hired the nucleus of the Investec equities team to expand its institutional broking division. Rod Clarkson, Tim Gerrard and Colin McLelland will join Lonsec as senior Resources specialists as the research provider expands its offering in ...