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Showing 2671 - 2680 of 6679 results for "Sale"

NAB and Nippon Life complete sale

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
A $2.4 billion sale of National Australia Bank's life insurance business to Nippon Life was finalised yesterday. Following the sale NAB said its MLC Life Insurance business would see changes to the board of parent entity, MLC Limited. Joining the MLC ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
Industry Super Australia wants a "better off test" requiring banks and other financial services providers to demonstrate that switching a member's superannuation will be beneficial. Additionally the representative group is calling for banks to ban all ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 4 OCT 2016
Australia private sector credit Reserve Bank of Australia (RBA) figures showed that the annual growth in private sector credit slowed from 6.0% in July to 5.8% in August - the slowest rate since October 2014. Except for the bumps in December 2015 and ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
US GDP The final estimate of US real GDP showed the economy expanding at an annualised rate of 1.4% in the second quarter. This represents an upgrade from the second estimate's 1.1% growth and better than expectations for a 1.3% gain. While personal ...

Praemium appoints head of distribution

ALEX BURKE  |  THURSDAY, 29 SEP 2016
Praemium has appointed a new head of distribution along with two other new hires. Martin Morris joins Praemium from portfolio administration firm Complete Super Solutions, where he was chief executive. Prior to that, he was a managing partner at 3rdphase ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 29 SEP 2016
US durable goods orders The latest update on total new durable goods orders could easily be taken as a positive for, despite a flat (0% growth) outcome in August from July, this was better than market expectations for a 1.9% decline and could be attributed ...

Zurich reveals risk distribution team

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2016
Zurich has unveiled an expanded distribution team following its acquisition of Macquarie Life's risk business. Having already appointed Dave Evans to the role of national sales manager, the insurer has now added a further 14 new members across its business ...

AFA Rising Star finalists announced

KERRIE SYDEE  |  TUESDAY, 27 SEP 2016
The Association of Financial Advisers (AFA) and ANZ Wealth have announced the finalists for the 2016 AFA Rising Star of the Year Award ahead of the upcoming AFA National Conference in Canberra. Launched 11 years ago, the AFA Rising Star of the Year ...

AustralianSuper and IFM seek energy asset

DARREN SNYDER  |  MONDAY, 26 SEP 2016
... ETU secretary Steve Butler said the unsolicited offer came a month after Federal Treasurer Scott Morrison blocked a similar sale of the company, citing national security concerns. "The Federal Government has been advised that it is not in Australia's ...

Hedge fund award winner appoints senior investment analyst

ALEX BURKE  |  MONDAY, 26 SEP 2016
Bennelong Long Short Equity Management (BLSEM) has appointed a new senior investment analyst. Justin Hay joins BLSEM, which recently won Best Market Neutral Fund at the annual Hedge Funds Rock & the Australian Hedge Fund Awards, from Optimal Fund Management ...