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Showing 331 - 340 of 562 results for Ben Collins

APA, HDF tug-o-war continues

BEN COLLINS  |  MONDAY, 20 AUG 2012
The tussle over Hastings Diversified Utilities Fund (HDF) continues, after the APA group again raised its bid for the infrastructure fund. Rival bidder Pipeline Partners Australia (PPA) now has until midnight tomorrow (Tuesday) to better APA's offer. ...

QBE chief to part with $37 million

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Frank O'Halloran will leave with up to $37 million in benefits when he steps down as chief executive officer of QBE insurance today. O'Halloran - who headed up QBE for 14 years - will be paid his salary up to 28 August to officially serve out his six ...

MLC appoints super funds board member

BEN COLLINS  |  FRIDAY, 17 AUG 2012
MLC has appointment Richard Rassi to the three trustee boards for its superannuation funds. The boards, MLC Nominees, NULIS Nominees (Australia) and PFS Nominees, are accountable to around 1.5 million members and approximately $56 billion in Funds Under ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Insurers are preparing for the impact of the Life and General Insurance Capital (LAGIC) reforms, increasing their capital reserves. Challenger yesterday revealed that the Australian Prudential Regulation Authority (APRA) had proposed transition arrangements ...

Higher profits/lower dividends: AMP FHY result

BEN COLLINS  |  THURSDAY, 16 AUG 2012
AMP limited has reported a $383 million profit in its first half year results, up 11% on the first half year to 30 June 2011. The rise was largely the result of its merger with AXA, which occurred half way through the previous corresponding first-half ...

Shareholders force RE change

BEN COLLINS  |  THURSDAY, 16 AUG 2012
Shareholders with around 10% of issued capital in the direct property investor, 360 Capital Industrial Fund, are attempting to replace the responsible entity. The group of investors is seeking to have 360 Capital RE limited replaced with Denison Funds ...

New AFS CEO

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
Former ANZ advice executive Alan Logan has been revealed as the new chief executive officer of Australian Financial Services (AFS). Logan joins AFS from private consultancy Bombora Advice, and before this was general manager for ANZ Advice and Distribution. ...

New analyst for AB Australia

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
Global investment management firm AllianceBernstein today announced the appointment of a new research analyst, James Robertson, to the AllianceBernstein Value team. He will initially cover metals, mining and chemicals. He joins AllianceBernstein from ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
Stewart Levitt, the lawyer representing victims of the failed Storm Financial Group has advised clients not to accept an out-of-court settlement, should one be offered. Levitt advised his clients not to support any move by the Australian Securities ...

ETSL appoints superannuation chair

BEN COLLINS  |  TUESDAY, 14 AUG 2012
Equity Trustees Limited has appointed Anne O'Donnell as non-executive chair of its superannuation business, Equity Trustees Superannuation Limited. O'Donnell is taking over as chair from Rob Dillon who has retired. Dillion set up Wealthpac Master Fund ...