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| | | Insurance sales and adviser growth show strong business momentum, despite cash earnings being down on last year, said Westpac-owned BT Financial Group. Life insurance sales were up 30%, compared with 14% for the market in 2012, it said after announcing ... |
| | | | Funding announced on Friday to encourage women onto superannuation boards looks like a handout to minister for financial services and superannuation Bill Shorten's "union mates," said Mathias Cormann, shadow minister for superannuation. Rather than ... |
| | | | David Hunt, former group head of licensee select at BT Financial has joined RI Advice as northern region manager. RI's chief executive Paul Campbell said "David is the ideal fit for our business, with proven success in partnering with practices to drive ... |
| | | | They may take exponentially longer to leave home, and have unrealistic job expectations, but Gen-Y are better with their finances than originally thought. According to a survey commissioned by RaboDirect, Gen-Y's financial know-how is often better than ... |
| | | | Farmers in China have seen their incomes grow rapidly this year, helping to close a wealth gap between rural and urban areas. It was the third year in a row that the gap has narrowed, according to a Ministry of Agriculture report cited by the state ... |
| | | | Misconceptions about annuities are one of the biggest problems for people who sell them, said Brian Benari, chief executive officer and managing director, Challenger. Annuities can play an important role in combating longevity risk, so providers need ... |
| | | | Two Australian institutional investors, one a super fund, have been the first to invest in a newly available emerging markets dividend fund. Emerging market equities specialist Somerset Capital has launched the registered Australian managed investment ... |
| | | | Tasmania's public sector superannuation fund has awarded a term deposit mandate to fixed income specialist FIIG Securities. FIIG was approached by the Tasmanian Retirement Benefits Fund (RBF) for its network of more than 60 authorised deposit taking ... |
| | | | Wilson HTM's board of directors intends to advise shareholders to reject Mariner Corporation's offer for shares in the company. In a letter to shareholders, Wilson HTM managing director Andrew Coppin said that the board would be rejecting Mariners "Conditional ... |
| | | | Australian fund managers have once again grown strongly, according to research from Towers Watson. There are now 23 Australian managers in the Pensions & Investments/Towers Watson World 500, five more than last year. These managers have an aggregate ... |
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