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Showing 4341 - 4350 of 20552 results for "BEN"

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
Just in time for the Southern Hemisphere spring season, latest surveys showed both business and consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous ...

Australian Unity profits plummet

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
Australian Unity has seen its profits plummet more than 70% compared to the previous financial year, with the group noting the impacts of COVID-19 saw it miss out on about $26 million in profit. Australian Unity reported a profit after income tax of ...

Industry fund hikes premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 9 SEP 2020
Members of a Queensland-based industry fund will soon see their insurance premiums rise by as much as 43% from October. From October 1, members of Intrust Super's MySuper option will pay more for both life cover and life and TPD cover. For those members ...

MSCI launches domestic index series

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
MSCI has launched a suite of indices targeted at supporting Australian-domiciled institutional investors. The Australia Domestic Index Series has more than 50 domestic indices that benchmarks ESG, factors and market capitalisation among others, specific ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Some of the country's biggest super funds are set to face parliamentary scrutiny tomorrow as part of the House of Representatives Standing Committee on Economics ongoing review. Hostplus, AMP and Cbus are three of the big names set to front the committee ...

AZ NGA makes acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
AZ NGA has acquired a wealth management firm in Melbourne as it signals plans to expand in Victoria. AZ NGA made a strategic investment in Matthews Steer Accountants and Advisors, a firm established in 1990 with six partners and 50 staff. "In Melbourne's ...

Mainstream expands private equity offering

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Mainstream Fund Services has expanded its private equity services in the Asia-Pacific region. Mainstream said it brought its US private equity solution to Asia-Pacific, to allow general partners to benefit from one complete system for accounting, CRM ...

Ignition Advice announces fintech partnership

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
Robo-advice technology provider Ignition Advice has launched a global partnership with Avaloq to broaden its distribution and bring scale to its client base Through the partnership Ignition's digital advice solutions will be offered to 150 financial ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
Don't look now but it appears that it's not just COVID-19 seeing a second wave. Saudi Arabia is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
Total assets held by Australia's super funds rose almost 20% in 2019, with 16 now sitting within the top 300 pension funds worldwide, new analysis shows. In stark contrast to this year, Aussie super funds enjoyed an extremely positive 2019, according ...