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Showing 431 - 440 of 558 results for "Switch 2"

Finance firms power down to power up

MICHELLE BALTAZAR  |  MONDAY, 14 SEP 2009
Financial services data centres are a large drain on power and can add millions of dollars to utility bills, but it doesn't have to be that way, said an IT expert. Gary Hull, the country managing director of Raritan, an award-winning power management ...

Aviva provides automatic insurance in super

COMPANY RELEASE  |  FRIDAY, 28 AUG 2009
Aviva is providing automatic life insurance cover to over 18,000 Business Super members. Business Super members only need $1,500 in superannuation savings to receive the automatic cover. No medical history or check is required. Around 9,700 members ...

SWFs no longer at arm's length

MICHELLE BALTAZAR  |  THURSDAY, 27 AUG 2009
Sovereign wealth funds will gradually switch from being passive investors to active shareholders, predicts Andrew Rozanov, head of Sovereign Advisory at State Street Global Markets. This year Rozanov co-authored a comprehensive State Street report looking ...

CommBank Officers Super shuts property option

RUTH LIEW  |  WEDNESDAY, 26 AUG 2009
The $6 billion Commonwealth Bank Officers' Superannuation Fund is closing down its property option due to diversification and liquidity issues. CBA OSF, which had $5.9 billion at the end of last year according to data from Rainmaker Information, is ...

City Super adopts weekly unit pricing

RUTH LIEW  |  MONDAY, 24 AUG 2009
The $1.1 billion Brisbane-based City Super is now using weekly unit pricing to determine the value of members' investments - a shift away from its previous monthly declared rates. City Super, which had $1.13 billion at the end of June according to Rainmaker ...

The return of the cocooning consumer

MICHELLE BALTAZAR  |  FRIDAY, 21 AUG 2009
The savings pattern of many Australians has changed dramatically since June last year, and it's uncannily similar to the way people saved after the Great Depression, research shows. Research conducted by Retail Finance Intelligence (Rfi) found the return ...

Clock ticking for UK defined benefit schemes

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
Research has found half the UK companies with defined benefit pension schemes expect to close them to all employees in the next three years, forcing employees to rely on defined contribution schemes instead. Watson Wyatt research found more than one ...

Govt aids anti-predatory lending laws

GOVT ANNOUNCEMENT  |  MONDAY, 17 AUG 2009
Finance brokers and certains lenders will need to comply with new responsible lending laws a year earlier than planned under the updated timetable of the government's proposed consumer credit reforms. Under the new deadlines, the responsible lending ...

Liquidity problem in unlisted assets overstated: RWA

ALEX DUNNIN  |  THURSDAY, 13 AUG 2009
Liquidity is not a problem for most funds with high weightings to unlisted assets because they are protected by strong positive cashflows and most members are in the diversified default option. The criticism against unlisted valuation practices by retail ...

YMCA fund introduces fixed interest

RUTH LIEW  |  MONDAY, 10 AUG 2009
The Australian YMCA Superannuation Fund has unveiled a new fixed income strategy for members, after having only a growth strategy as its default option. A newsletter from the fund noted that the fund started offering a second strategy, "Fixed Interest" ...