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Showing 411 - 420 of 556 results for "Switch 2"

End to unfair mortgage exit fees

ASIC AND CHOICE RELEASES  |  MONDAY, 28 JUN 2010
ASIC has released a consultation paper on new laws regulating mortgage early exit fees, which are unconscionable or unfair. The new paper, titled Mortgage early exit fees: Unconscionable fees and unfair contract terms (CP 135), contains proposals that ...

Former DST Global sales head jumps to SimCorp

MICHELLE BALTAZAR  |  WEDNESDAY, 9 JUN 2010
SimCorp continues to expand its senior staff as fund manager demand for risk management solutions rise, hiring the former Hong Kong head of sales at a rival firm as its new regional sales manager for Asia. Techee Cheung, former head of sales and account ...

Korea's big four dominate pensions

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
The top four service providers in Korea administer around half of all funded corporate pension assets in the country, and account for KRW 7 trillion of assets, according to Towers Watson's Korea Pension Report. The new report covers 53 service providers ...

Instos switch $100bn mandates

MICHELLE BALTAZAR  |  THURSDAY, 29 APR 2010
More than $100 billion of assets changed hands last year as institutional investors dump poor performing fund managers, re-negotiate fees and exploit asset class-specific opportunities, a new report found. Mercer has released its 2009 Global Manager ...

The upside of a downside fund

MICHELLE BALTAZAR  |  THURSDAY, 22 APR 2010
Boutique fund manager Instreet has developed a new product that helps financial planners and their investors protect their Australian equity portfolios from market swings - without having to switch their equities allocation to cash. The product, Link ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 21 APR 2010
A broad-based rally has pushed the Australian share market up nearly one per cent at noon. At 1200 AEST, the benchmark S&P/ASX200 index was up 44.4 points, or 0.9 per cent, at 4,970.2 points, while the broader All Ordinaries index had risen 44.7 points ...

Astarra pain spreads to super funds

MICHELLE BALTAZAR  |  MONDAY, 19 APR 2010
Gaming group Tabcorp will be moving the superannuation accounts of 250 NSW TAB staff affected by the collapse of Astarra to CareSuper. A Tabcorp spokesperson contacted by Financial Standard this morning said the company has written to the relevant workers ...

Planning firm to drop commission-based insurance advice

MICHELLE BALTAZAR  |  WEDNESDAY, 7 APR 2010
NAB-owned planning group Godfrey Pembroke has set in motion a strategy that will switch all of its planners out of providing commission-based advice on insurance and mortgages. The decision goes against common practice in the planning industry of maintaining ...

Contango clients top up mandates

MICHAEL HOBBS  |  THURSDAY, 1 APR 2010
Contango Asset Management's institutional clients have been topping up their small cap investment mandates as the sector's benchmark returned 63 per cent in the year to February. David Stevens, managing director at Contango Asset Management, said more ...

Wheels rolling away from commission

RUTH LIEW  |  TUESDAY, 16 FEB 2010
AMP continues on its path away from a commission-based fee model, testing the waters by removing the in-built commissions within the AMP Growth Bond fund. It's a small step for AMP given that the fund is new but, if the strategy works, it could become ...