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Showing 3051 - 3060 of 3940 results for "USI"

Aurora wins $190m Optimix mandate

MICHELLE BALTAZAR  |  TUESDAY, 11 MAY 2010
Aurora Funds Management has secured a $190 million mandate from ING Australia, thanks to the fund's investment strategy that enables investors to make money around earnings results announcements. The funds will be invested in a separately managed account ...

KiwiSaver eggs more savings, but not enough

MICHAEL HOBBS  |  TUESDAY, 11 MAY 2010
A survey has found far more New Zealanders are saving money for retirement but very few are using the KiwiSaver scheme to its full potential. AMP's SuperWatch survey found KiwiSaver is the preferred retirement savings option with 67 per cent of respondents ...

ME Bank inks Telstra deal

MICHELLE BALTAZAR  |  TUESDAY, 11 MAY 2010
Telstra scooped a three-year, $4.5 million contract to provide telecommunications products and services to ME Bank, an agreement signed as the bank, which was founded to serve industry fund members, embarks on a major expansion program. In February ...

Single-issue advice soars 59pc: ESI Super

COMPANY RELEASE  |  WEDNESDAY, 28 APR 2010
Contrary to popular belief that Gen Yers are indifferent to their super savings, one super fund has recorded a 59 per cent jump in members seeking limited advice in the past three months. The fund recorded an increase in formal statements of advice ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
The government's proposed reforms to change the way planners charge for advice will spur the industry's long-term growth, but at the cost of serious headaches and profits during the adjustment period. The minister for financial services, superannuation ...

NAB/AXA merger not anti-competitive: research

MICHELLE BALTAZAR  |  FRIDAY, 23 APR 2010
Researcher Roy Morgan joins the chorus of dissenting voices on ACCC's reasons for blocking the NAB bid for AXA, releasing a report that shows a combined NAB/AXA or AMP/AXA would have the same impact on industry competition. Roy Morgan Research said ...

ASIC bans client adviser for life

ASIC RELEASE  |  THURSDAY, 22 APR 2010
The regulator has banned a Brisbane-based former client adviser, Roy Ho, from providing financial services for life. Ho, who previously worked at Tricom Futures Services, now known as Stonebridge Futures Services, admitted to using nine client trading ...

Rules, rules, rules

BENJAMIN ONG  |  THURSDAY, 22 APR 2010
Do you know what Moses did when God handed him the Ten Commandments? He squatted beside the burning bush, placed both hands on his face and cried, "Rules, rules, rules... too many rules!" But unlike Moses, America's biggest banks are not squatting and ...

Investec gains $45m from instos for aircrafts

MICHAEL HOBBS  |  FRIDAY, 16 APR 2010
Investec Global Aircraft fund (IGAF) has raised an additional $45 million from AMP Capital Investors, Health Industry Plan Superannuation fund and MCG Growth fund. The fund now has $140 million in total capital invested since it was launched in 2008. ...

SMSFs take up superMate

COMPANY RELEASE  |  THURSDAY, 15 APR 2010
Supercorp Technology reported an 80 per cent take up of its superMate software among new users and confirmed that by February, over 2000 SMSFs were using the service. According to a press statement, the large take-up of the superMate software came from ...