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Showing 2991 - 3000 of 4897 results for "Alex"

ACCC approves Federations Centres and Novion merger

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
The Australian Competition and Consumer Commission (ACCC) will not oppose Federation Centres' proposed acquisition of Novion Property Group, paving the way for the new combined group to become a major player in Australia's highly concentrated institutional ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...

TAL sees growth in profits and payouts

ALEX BURKE  |  WEDNESDAY, 20 MAY 2015
Financial results from TAL's Japanese parent, Dai-Ichi Life, reveal Australia's biggest life insurer has seen a 12% rise in underlying profit to $146.6 million in the year ended 31 March 2015. Premium income rose 21% to $2.2 billion and claims payouts ...

BNP appoints OneVue as unit registry provider

ALEX BURKE  |  WEDNESDAY, 20 MAY 2015
BNP Paribas Securities Services has appointed OneVue to provide unit registry services for five years. BNP's unit registry clients will be migrated to OneVue over 18 months by a team led by OneVue chief operating officer Richard Stevens. "This arrangement ...

Treasury to simplify foreign investment framework

ALEX BURKE  |  WEDNESDAY, 20 MAY 2015
The Treasury is now accepting submissions from "interested parties" as to how to "modernise" and strengthen the integrity of Australia's foreign investment framework. This follows Treasurer Joe Hockey's comments in his 2015 Budget speech where he proposed ...

CFS to distribute Sanlam funds in Australia

ALEX BURKE  |  TUESDAY, 19 MAY 2015
Colonial First State has partnered with South African asset manager Sanlam Group to distribute Sanlam's Managed Risk Funds in Australia. According to CFS general manager product and investments Peter Chun, Sanlam's Managed Risk strategy pivots on reducing ...

Life insurer premiums up amid group policy concerns

ALEX BURKE  |  TUESDAY, 19 MAY 2015
APRA has issued the Quarterly Life Insurance Performance Statistics report for the March 2015 quarter, showing net life insurer premiums are at $61.8 billion for the year to 31 March 2015, up from $50 billion in the previous year. Net policy payments ...

AFA looking for next adviser of the year

ALEX BURKE  |  TUESDAY, 19 MAY 2015
The Association of Financial Advisers has partnered with Zurich to launch the 2015 Adviser of the Year and Practice of the Year awards. As a result, the AFA is now searching for advisers who, according to chief executive Brad Fox, it "not only [rates] ...

Falling AUD offsets dividend growth

LAURA MILLAN  |  MONDAY, 18 MAY 2015
... can largely disregard them if they take a longer term approach," Henderson Global Investors head of global equity income Alex Crooke said. "For Australian investors, the weak Australian dollar means global dividend growth will look better than our US ...

Fortnum drops upfront risk commissions

ALEX BURKE  |  MONDAY, 18 MAY 2015
Following Centrepoint Alliance and AMP adopting hybrid and level commission structures, independent dealer group Fortnum has dropped upfront risk insurance commissions to "ward off further legislative attack". From July 1, Fortnum planners will either ...