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Showing 3231 - 3240 of 7101 results for "June 2011"

Aspen revises fund merger proposal after Sunsuper bid

ALEX BURKE  |  WEDNESDAY, 4 NOV 2015
Aspen Group has issued an explanatory memorandum to shareholders regarding its revised merger proposal with the Aspen Parks Property Fund (APPF). Aspen originally proposed the merger in September, suggesting in its statement to the ASX that this would ...

Super fund returns fall again in September

MARK SMITH  |  WEDNESDAY, 4 NOV 2015
The SelectingSuper workplace default option MySuper Index fell again during September with the 12 month rolling performance sliding during the month from 6.5% to 6.0% by month's end. This drop in rolling annual returns was on the back of the 3.0% fall ...

MLC offers insurance rollover to external funds

ALEX BURKE  |  MONDAY, 2 NOV 2015
MLC will introduce an insurance rollover offer to external superannuation funds. The rollover provides multiple benefits to super funds, including a 15% upfront tax credit, 7% annual premium discount, enduring authority, automated annual premium payments ...

Henderson completes acquisition of IOOF boutiques

MARK SMITH  |  MONDAY, 2 NOV 2015
Henderson Group has completed its acquisition of two funds management businesses from IOOF Holdings. Announced on 2 June 2015, the deal sees the dual UK and Australia listed global investment business takeover two Perennial investment management boutiques ...

Industry fund to double investment team

DARREN SNYDER  |  MONDAY, 2 NOV 2015
Mine Wealth + Wellbeing will more than double its investment team by June next year in a move set to "encourage greater innovation" and deliver greater investment capability. The $10 billion industry superannuation fund announced it will be growing ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
Iron ore prices have tried to get back up twice this year, only to be knocked back down each time. After dropping to a 10-year low of US$46.70 a tonne back in April this year, the price of iron ore rallied by 40% to US$65.40 a tonne by mid-June only ...

Growth of women on boards painfully slow: ACSI

DARREN SNYDER  |  FRIDAY, 30 OCT 2015
During the 2014 financial year 37% of new director appointments in the ASX100 were women, reportedly reflecting an overarching market focus on board gender diversity. The statistic comes from the latest Australian Council of Superannuation Investors' ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
"and I swear (I swear) by the moon and the stars..." Whoops, sorry folks, I got carried away with "All 4 One's" tune. What I meant to type is, I swear this has happened once before. You know, the time when Wall Street "rejoiced" at the more likely than ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
Ho ho ho and ha ha ha. The truth is out. Wall Street dipped overnight and so did the Euro Stoxx 50 - after their strong gains of the past week because, wait for it......because investors suddenly realised that the ECB and the PBOC's early Christmas ...