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Showing 2391 - 2400 of 3289 results for "Smith"

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
TOWER Limited has sold most of its life insurance business to Fidelity Life in deal worth $189 million. Fidelity Life is a New Zealand owned company that specialises in life insurance, personal protection, business insurance, savings, investment and ...

Morningstar hands Needham global CIO role

MARK SMITH  |  THURSDAY, 9 MAY 2013
Morningstar Investment Management has promoted Ibbotson Associates Australia chief investment officer and managing director Daniel Needham to global chief investment officer of the group. Chris Galloway will take over as managing director of Ibbotson ...

Australian companies 20 years off ESG reporting standards: ACSI

MARK SMITH  |  THURSDAY, 9 MAY 2013
It will be two decades before all ASX200 companies report environmental, social and governance (ESG) risks at a 'comprehensive' level, according to The Australian Council of Superannuation Investors (ACSI) chief executive Ann Byrne. In its annual report ...

NAB Wealth profits stable

MARK SMITH  |  THURSDAY, 9 MAY 2013
National Australia Bank (NAB) has reported a 1.5% decrease in cash earnings for its wealth division, following a fall in insurance earnings. Earnings in the wealth business stood at $256 million for the half-year to March 2013, down from $260 million ...

Access Capital Advisers appoints non-executive directors

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
Access Capital Advisers has appointed Mark Snape, Damian Stanley and Janet Torney to its board following the announced management buyout by Graham Matthews and Tom Snow. "We are very pleased to be able to appoint three such high quality individuals ...

Number of instos prioritising risk doubles since GFC

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
The proportion of investment organisations placing risk management as their highest priority has more than doubled since before the 2008 financial crisis, according to a new research by the Economist Intelligence Unit (EIU) commissioned by State Street ...

Govt could handcuff SMSFs

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
The government may have to force self-managed super fund (SMSF) members to undertake mandatory advice or outsource their investment strategy back to professionals to cover off a risk of it facing unexpected pension liabilities. That is the view expressed ...

Macquarie launches fund for significant investor visa migrants

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
Macquarie Specialist Investments (MSI) has launched the Macquarie SIV Cash Fund, a new investment solution aimed at investors applying for the Significant Investor Visa (SIV). The Significant Investor Visa is a permanent residency visa launched at the ...

Investors need income rethink after RBA rate cut

MARK SMITH  |  WEDNESDAY, 8 MAY 2013
The Reserve Bank of Australia (RBA)'s decision to cut rates may mean that income investors should adopt a changed approach, according to BlackRock head of fixed income Steve Miller. The RBA cut the base rate by 25 basis points to a record low of 2.75% ...

Market Wrap PM

AAP  |  TUESDAY, 7 MAY 2013
... Australia Bank sliding 0.9 per cent to $33.20 and ANZ giving up 0.54 per cent to $31.34. Bell Potter senior adviser Stuart Smith said the Reserve Bank of Australia's monthly interest rates decision was keeping investors on the sidelines. "It's my thought ...