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| | | HOSTPLUS and ME Bank have terminated their sponsorships with Melbourne Storm in the wake of the NRL scandal. David Elia, chief executive at HOSTPLUS, said the relationship with Melbourne Storm is untenable and has terminated its sponsorship immediately. ... |
| | | | Do you know what Moses did when God handed him the Ten Commandments? He squatted beside the burning bush, placed both hands on his face and cried, "Rules, rules, rules... too many rules!" But unlike Moses, America's biggest banks are not squatting and ... |
| | | | The public could soon have access to a new superannuation product called 'MySuper', which is free from trailing commissions, charges no contribution fees and is much easier to understand, under proposals outlined by the Cooper Review today. The preliminary ... |
| | | | Cash balances have fallen and the number of investors taking above-normal risk in their portfolios are at their highest since January 2006, new figures show. According to the Bank of America Merrill Lynch Survey of Fund Managers for April, investors ... |
| | | | The global financial sector may be a shadow of its former self after the GFC but it is still a $9.1 trillion (US$8.5 trillion) market full of stocks ripe for the plucking, said fund manager Bennelong SGI Global Equities. Visiting Australia this month ... |
| | | | Australia's superannuation market will be closed to new entrants under proposals by the Super System Review (SSR) that could effectively shut down competition, entrench incumbents and force small funds to merge. The proposals are in the review's MySuper ... |
| | | | A financial planner will kayak 2,200 kilometres down the historic Murray River to raise public awareness for men's health. Partnering with Men's Health SA (South Australia), Securitor planner Garry Pinnington will start his 44-day journey on Monday ... |
| | | | Singapore sovereign wealth fund (SWF), Temasek Holdings, has invested $50 million in Californian-based renewable chemicals and fuel start-up company, Amyris Biotechnologies. The company will use the funds to support commercial plant design and construction ... |
| | | | Prime Super has increased its insurance cover for members, slashed premiums and introduced online underwriting in its latest round of improvements. The fund, which had over $1 billion in funds under management at the end of September last year according ... |
| | | | Local fund managers looking to this year's Shanghai World Expo as a platform to offer their fund products are vulnerable to email-related security breaches after the discovery of a malware that targets the mailing list of the Expo's would-be attendees. ... |
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