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Showing 231 - 240 of 1663 results for Ruth Liew

MySuper gets Government tick

RUTH LIEW  |  MONDAY, 2 AUG 2010
The Gillard Government has approved the MySuper reforms as part of its agenda to boost Australians' retirement incomes. Over the weekend, Prime Minister Julia Gillard gave the green light to MySuper, with existing super funds able to offer MySuper products ...

Corrupt city officials face pension freeze

RUTH LIEW  |  MONDAY, 2 AUG 2010
Pension fund CalPERS has used its administrative powers to suspend the pension accounts of city officials, one of whom allegedly earned a 'secret' annual salary of US$800,000. Last week, Attorney General Edmund Brown subpoenaed hundreds of employment ...

Addwealth seeks women advisers

RUTH LIEW  |  FRIDAY, 30 JUL 2010
WA-based financial planning firm Addwealth is looking to hire women advisers in each state across Australia as the group's female client base grows. Bronwen Parsons, general manager of Addwealth, said the firm is looking to fill a gap in the market ...

ESI Super overhauls $800m Aus equities portfolio

RUTH LIEW  |  THURSDAY, 29 JUL 2010
ESI Super has terminated a major Australian equities mandate with QIC and appointed five new managers to the asset class following a restructure of its $800 million Australian equities portfolio. Balanced Equity Management which received $200 million ...

New leadership at ANZ wealth

RUTH LIEW  |  THURSDAY, 29 JUL 2010
ANZ has signalled intentions to grow aggressively in Australia's wealth management sector following the appointment of Lloyds Banking Group managing director, John Van Der Wielen, as wealth managing director. ANZ has announced a restructure of its wealth ...

NZ Super pips Aus through intl equities

RUTH LIEW  |  THURSDAY, 29 JUL 2010
The New Zealand Superannuation Fund beats the average return of an Australian super fund by 50 per cent, buoyed by a portfolio that is heavily biased towards international equities. NZ Super recently released results showing the $12.8 billion fund had ...

Planners risk buying bad businesses

RUTH LIEW  |  WEDNESDAY, 28 JUL 2010
It's a seller's market for financial planners looking to put their firms on the auction block - but planning groups that do buy risk failure as many do not focus enough on their acquisition's investment returns, according to AXA. Speaking at an AFA ...

SAP and Sybase merger gets ACCC tick

RUTH LIEW  |  WEDNESDAY, 28 JUL 2010
The Australian Competition & Consumer Commission has given the green light to SAP's $7-billion plus purchase of tech firm, Sybase, which provides complex event processing and analytics services used in the finance sector. According to an ACCC statement ...

Valad wins $700m property mandate

RUTH LIEW  |  TUESDAY, 27 JUL 2010
Valad Property Group has won a $700 million mandate from Kefren Properties IX AB to manage the firm's real estate portfolio in Sweden. According to a press statement, the Kefren portfolio consists of 150 properties spanning more than 827,000sqm of lettable ...

Seven US banks close in a week

RUTH LIEW  |  MONDAY, 26 JUL 2010
SouthwestUSA Bank in Las Vegas, Sterling Bank in Florida and Home Valley Bank in Oregon were among seven banks that were closed last week alone in the US - suggesting the troubles in the US banking system are far from over. According to the Federal ...