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Showing 3911 - 3920 of 6264 results for "DET"

NZ Super CEO higher paid than Aussie counterparts

JAMES FERNYHOUGH  |  FRIDAY, 10 OCT 2014
The New Zealand Superannuation Fund pays chief executive Adrian Orr considerably more than many of Australia's highest profile not-for-profit super fund chief executives. In its 2014 annual report, the NZ Super Fund revealed that Orr received NZ$791,462 ...

NAB takes a $1bn hit

AAP  |  THURSDAY, 9 OCT 2014
National Australia Bank has flagged a slide in its full year earnings of up to 14% after taking a more than $1 billion hit to its books. Today the bank unveiled a string of writedowns and provisions, chiefly linked to misconduct by its troubled UK business. ...

Perpetual reveals details of first LIC

MARK SMITH  |  WEDNESDAY, 8 OCT 2014
Perpetual Investments has unveiled the details of its first listed investment company, Perpetual Equity Investment Company Limited. Trading under the ASX code PIC, the company is designed to deliver regular income and long-term capital growth through ...

YBR's cash fund receives new ratings

JAMES FERNYHOUGH  |  WEDNESDAY, 8 OCT 2014
Yellow Brick Road's newly branded funds management business Smarter Money Investments has received two ratings for its Smarter Money Active Cash Fund. Australia Ratings, a new credit rating agency founded by former Standard & Poor's Managing director ...

Findex close to acquiring Crowe Howarth

MARK SMITH  |  TUESDAY, 7 OCT 2014
Findex and Crowe Howarth have entered into a share implementation agreement under which Findex proposes to acquire all the shares of Crowe Howarth for $137 million. The deal is yet to be approved by shareholders but under the terms of the proposed transaction ...

LMCI: a new indicator is born

BENJAMIN ONG  |  TUESDAY, 7 OCT 2014
Mother's made an outing last Friday night in America - and she came bearing good tidings. Mother, of course, is the US non-farm payrolls report - considered "the mother of all economic statistics". US employment increased by 248K last month following ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
The release of the first set of MySuper data has fuelled the ongoing stoush between the retail and industry superannuation sectors. The Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation ...

Super Mario dropkicks markets

BENJAMIN ONG  |  FRIDAY, 3 OCT 2014
Draghi dropkicks markets. Super "whatever it takes" Mario has promised a lot... but delivered short. Hence, we got what we got last night. The euro reversed its decline, so did euro bond yields and European equity indices dropped. The Euro Stoxx-600 ...

Market Wrap AM

AAP  |  FRIDAY, 3 OCT 2014
The Australian market looks set to open lower after an almost flat end to trading in on Wall Street and a fall in metals prices. At 0651 AEST on Friday, the September share price index futures contract was down 21 points at 5,262. The stock market in ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...