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Showing 271 - 280 of 1663 results for Ruth Liew

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
The $152 billion New York State Pension Fund is suing British Petroleum over losses from the oil spill disaster. In a press statement, New York state comptroller Thomas P. DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein ...

Delays for Military Super merger

RUTH LIEW  |  TUESDAY, 29 JUN 2010
The merger of the Military Super board, the Defence Force Retirement & Benefits Scheme Authority, and the ARIA Board will have to wait as the Senate did not get a chance to vote on the bill prior to the recess. Military Super noted in a web update that ...

Everest winds down operations

RUTH LIEW  |  MONDAY, 28 JUN 2010
Alternatives manager Everest Financial Group is winding down its operations following a strategic review, with Jeremy Reid relinquishing his role as chief executive in the process. In an ASX statement released today, EFG announced it would take an "orderly ...

AXA ramps up insurance for 115,000 clients

RUTH LIEW  |  MONDAY, 28 JUN 2010
An extra 115,000 financial planner clients who use AXA insurance will be able to tap improved cover, following upgrades to the firm's financial protection products. AXA announced on Friday that upgrades towards life, trauma and TPD plans, along with ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

How the wealthy invest their money

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Australia's high net worth population increased by 34 per cent last year, according to a new report that sheds some light on how the rich allocated their funds just after the peak of the GFC. The latest World Wealth Report, released by Merrill Lynch ...

Australians frustrated with fin companies

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Australia's finance industry, including financial services, has the highest customer turnover following poor customer service, compared with telecoms, internet service providers and insurance, new research shows. A survey of 702 respondents by RightNow ...

Basis Capital lesson far from over

RUTH LIEW  |  THURSDAY, 24 JUN 2010
The collapse of Basis Capital was a tragic example of what happens when a high risk investment goes wrong, but its also a reminder of the importance of a well-diversified portfolio, said a planner who had clients invested in Basis products. Matthew ...

Challenger wins $650m mandate

RUTH LIEW  |  THURSDAY, 24 JUN 2010
Challenger has won a $650 million mandate to be invested in its Guaranteed Index Return product, bringing the total guaranteed product sales for the life company to an estimated $2.15 billion this financial year. Stuart Barton, head of marketing and ...

NAB Super improves insurance

RUTH LIEW  |  WEDNESDAY, 23 JUN 2010
Corporate fund NAB Group Superannuation Fund has enhanced its insurance for members, including interim accident cover, terminal illness, rehabilitation and bereavement benefits. NAB Group Super negotiated a number of improvements to the scheme's insurance ...