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Showing 2581 - 2590 of 4897 results for "Alex"

Whitehelm Capital acquires 49% stake in GE business

ALEX BURKE  |  MONDAY, 7 DEC 2015
Whitehelm Capital has acquired a 49.9% stake in General Electric Energy Financial Services' Worsley Multi-Fuel Cogeneration (Worsley Cogen) power plant. Worsley Cogen is valued at $1.2 billion and GE will retain a 50.1% stake in the business. It generates ...

Zurich exits Singapore life insurance

ALEX BURKE  |  MONDAY, 7 DEC 2015
Zurich will no longer accept new life insurance policy applications in Singapore. In a statement, the insurer said this came about "following a comprehensive review of our life insurance business in Singapore." As at December 1, the two entities affected ...

FIIG launches adviser services

ALEX BURKE  |  MONDAY, 7 DEC 2015
FIIG Securities has launched a new division catering to the business needs of financial advisers. FIIG Adviser Services will provide products, education and adviser-specific technology to assist with the implementation and ongoing management of fixed ...

Retirement income to take super centre-stage

ALEX BURKE  |  FRIDAY, 4 DEC 2015
The retirement income market is expected to increase to over $1 trillion by 2025, according to DEXX&R research. Currently, self-managed super funds represent the bulk of the retirement income sector, making up 55% ($336 billion) of retirement income ...

Zurich CEO steps down, hunt begins

ALEX BURKE  |  FRIDAY, 4 DEC 2015
Zurich's global chief executive has announced his departure after six years in the role. Martin Senn joined Zurich in 2006 from Swiss Life, becoming chief investment officer. During his tenure as chief executive, Zurich chairman Tom de Swaan said he ...

Government releases adviser education legislation

ALEX BURKE  |  FRIDAY, 4 DEC 2015
The Government has released exposure draft legislation for raising the professional standards for financial advisers. The draft legislation stipulates that new advisers will require a degree, a professional year of training and pass an exam. Current ...

No change to super tax subsidy measure

ALEX DUNNIN  |  FRIDAY, 4 DEC 2015
Superannuation lobby groups have failed to convince a parliamentary inquiry that the Tax Expenditures Statement misrepresents the cost of superannuation subsidies. The House of Representatives Standing Committee on Tax and Revenue has just issued its ...

Accountants slow to take up limited AFSL

ALEX BURKE  |  THURSDAY, 3 DEC 2015
Accountants have been slow to apply for the additional licensing conditions required to continue advising on self-managed super funds in 2016, according to Perpetual Private. Perpetual research found that 72% have yet to start their licence application ...

Australian Unity acquires three new practices

ALEX BURKE  |  THURSDAY, 3 DEC 2015
Australian Unity Personal Financial Services has acquired three new adviser practices. This brings the total number of practices under the Australian Unity brand to 102, comprising 185 advisers and 24 mortgage brokers. Australian Unity Personal Financial ...

Australians turning to super funds for financial advice

ALEX BURKE  |  THURSDAY, 3 DEC 2015
Over 400,000 superannuation fund members intend to look for intra-fund advice services to meet their financial planning goals, according to Investment Trends research. The estimate is based on Investment Trends' modelling from a survey of 10,367 Australian ...