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Showing 4311 - 4320 of 6265 results for "DET"

TOWER Life business sold to Fidelity

MARK SMITH  |  FRIDAY, 10 MAY 2013
TOWER Limited has sold most of its life insurance business to Fidelity Life in deal worth $189 million. Fidelity Life is a New Zealand owned company that specialises in life insurance, personal protection, business insurance, savings, investment and ...

First Super to take action over JPM governance concerns

MARK SMITH  |  FRIDAY, 10 MAY 2013
Australian superannuation fund First Super has expressed strong concerns at 'on-going governance issues' at JP Morgan and has resolved to take action at the annual general meeting. The $1.7 billion industry fund said it would contact its international ...

Australian companies 20 years off ESG reporting standards: ACSI

MARK SMITH  |  THURSDAY, 9 MAY 2013
It will be two decades before all ASX200 companies report environmental, social and governance (ESG) risks at a 'comprehensive' level, according to The Australian Council of Superannuation Investors (ACSI) chief executive Ann Byrne. In its annual report ...

NAB Wealth profits stable

MARK SMITH  |  THURSDAY, 9 MAY 2013
National Australia Bank (NAB) has reported a 1.5% decrease in cash earnings for its wealth division, following a fall in insurance earnings. Earnings in the wealth business stood at $256 million for the half-year to March 2013, down from $260 million ...

CFS upgrades FirstChoice and FirstWrap platforms

MARK SMITH  |  TUESDAY, 7 MAY 2013
Colonial First State (CFS) has announced a range of enhancements to its FirstChoice and FirstWrap platforms to improve adviser efficiency and expand its offering to clients. A new online dashboard for FirstWrap will offer greater visibility of client ...

May Day happy day

BENJAMIN ONG  |  FRIDAY, 3 MAY 2013
You just gotta love this market, don't you think? It's swung from May day mayday to May day happy day in a span of less than 24 hours. Must be all those algos reading those cheery headlines overnight: US Jobless Claims Fall To 5-Year Low (WSJ) ECB 'ready' ...

Basel III to see banks focus on longer-term depositors

MARK SMITH  |  THURSDAY, 2 MAY 2013
The requirement to match assets and liabilities under new regulatory proposals will see Australian banks move to a model where customers owning more products, according to ING DIRECT's executive director distribution Lisa Claes. Although the final details ...

MySuper draft regs released for consultation

ALEX DUNNIN  |  WEDNESDAY, 1 MAY 2013
MySuper product providers will be required to disclose investment risk and the dollar value of fees and their investment performance under proposed regulations released by the government. The government's draft MySuper regulations released today, outline ...

ASFA warns govt against Super raid

MARK SMITH  |  TUESDAY, 30 APR 2013
The Association of Superannuation Funds of Australia (ASFA) has warned the government that any plans to raid superannuation would have a grave effect on public confidence. The comments come in light of speculation that the government may be planning ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
The Institute of Managed Account Professionals (IMAP) have maintained that the regulator's insistence on an annual review for managed discretionary account operators (MDAs) is excessive, and will push for a two-year requirement. In its submission to ...