Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 461 - 470 of 783 results for "Collins"

Changes sent packing

BEN COLLINS  |  THURSDAY, 6 SEP 2012
The separation between group and retail insurance will influence how superannuation funds package benefits for members in the future, said AIA Australia CEO Peter Crewe. Traditionally the two segments have been treated separately by insurers. But new ...

10,000 finance jobs slashed since GFC

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
At a time when Australian banks can afford to provide the best working conditions in the world, workers in financial services are under more pressure than ever, said Leanne Shingles, a spokesperson for the Finance Sector Union. Despite working for one ...

APRA probe key in NAB case: Lawyers

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
It's APRA's understanding that National Australia Bank's (NAB) risk assessment of investments linked to toxic US subprime mortgages was insufficient, according to documents filled in the Supreme Court of Victoria yesterday. An affidavit tendered to ...

Legg Mason restructures distribution

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
Fund manager Legg Mason will shift its focus to institutional and intermediary markets, with a restructure of its distribution, client service and market functions. Legg Mason said the restructure was a direct response to the increased blurring of the ...

Mac Life expands claims and underwriting team

BEN COLLINS  |  TUESDAY, 4 SEP 2012
Macquarie Life has made two new hires in its underwriting and claims teams. Tony Baker will take on the role of financial risk manager and will provide specialist expertise and support to advisers on financial underwriting and claims cases. In addition ...

AusEthical announces 64% profit drop

BEN COLLINS  |  TUESDAY, 4 SEP 2012
The only thing up in Australian Ethical Investment's (AEI) full year results were expenses, with a 64% net profit (after tax) drop on the previous year announced yesterday. Lower revenues caused by a 3.6% drop on funds under management, bad market conditions ...

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
New research has prompted the Financial Services Council (FSC) to call for longer working lives, to plug a massive retirement savings hole caused by people outliving life expectancies. Australians who live longer than current life expectancy will face ...

Market Wrap

AAP  |  TUESDAY, 4 SEP 2012
... quarter's balance of payments and international investment position data plus government finance statistics. In equities news, Collins Foods is due to hold its annual general meeting. In Australia, the market on Monday finished slightly higher, as investors ...

Investment banking scale down: Barclays

BEN COLLINS  |  MONDAY, 3 SEP 2012
British bank Barclays may scale down its investment banking arm, after new chief executive Antony Jenkins said new regulations would "make some activities in investment banking difficult to make an adequate return on." He said profits would be hit by ...

Buying volatility a viable alternative

BEN COLLINS  |  MONDAY, 3 SEP 2012
Futures on the VIX exchange can allow funds to diversify portfolios by buying volatility, said Chris Thompson, Portfolio Manager, Advance Asset Management. Thompson said that a lot of alternative investment strategies involve "going long" on volatility ...