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Showing 5021 - 5030 of 8611 results for "DIF"

Super trustees must be vigilant about managers: Deloitte

ALEX BURKE  |  THURSDAY, 15 JAN 2015
Superannuation trustees need to actively prioritise implemented asset consultants that add value, according to new research by Deloitte Actuaries & Consultants. Deloitte surveyed six major consultants over the five years to 30 June 2014, using the Vanguard ...

Australian Unity acquires Premium Wealth

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
Australian Unity Personal Financial Services (Australian Unity) has acquired nearly 97% of Premium Wealth Management. Premium Wealth shareholders almost unanimously accepted the acquisition offer, with the transaction being completed on 22 December. ...

Surging group premiums push insurer inflows up 12.9 pct

ALEX DUNNIN  |  WEDNESDAY, 14 JAN 2015
Life insurance premiums jumped 12.9% during 2014 driven by group business, which has surged by 24%. The figures are contained in the latest analysis by insurance industry researcher Plan For Life for the 12 months to September 2014. According to the ...

ASFA outlines spending needs of nonagenarians

MARK SMITH  |  WEDNESDAY, 14 JAN 2015
The Association of Superannuation Funds of Australia (ASFA) has developed a new retirement standard, the ASFA Retirement Standard for Older Retirees, which outlines the expenditure required for Australians aged 90-95 to maintain a comfortable or modest ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has come out in support of a new national exam for financial advisers. Medcraft backed the proposal in an op-ed published in the Australian Financial Review. "I strongly ...

Market wrap

AAP  |  MONDAY, 12 JAN 2015
The share market remains lower due to weak leads from the US and Europe and sliding commodity prices. The market opened around half a per cent lower and remained at a similar level at noon, following a fall of almost one per cent on Wall Street on Friday ...

MySuper put spotlight on member outcomes: CIFR

MARK SMITH  |  MONDAY, 12 JAN 2015
MySuper has put greater emphasis on the retirement outcomes, focused product providers on the needs of disengaged members and promoted widespread innovation, according to a new report by the Centre for International Finance and Regulation (CIFR). Researchers ...

Philanthropic fund establishments return to pre-GFC levels

LAURA MILLAN  |  TUESDAY, 6 JAN 2015
The number of private ancillary funds (PAFs) established in 2014 reached the highest level since the start of the global financial crisis in 2008. As many as 150 PAFs were established in Australia during 2014, compared to around 80 the year before ...

Independent expert lists CBA compensation challenges

LAURA MILLAN  |  FRIDAY, 19 DEC 2014
Promontory Financial Group has acknowledged that the Commonwealth Bank (CBA) program to compensate victims of bad financial advice poses a number of challenges. The independent expert has released its first report, following its appointment by CBA in ...

Australian Unity acquires two $80 million mortgage funds

STAFF WRITER  |  MONDAY, 15 DEC 2014
Australian Unity Real Estate Investment (AUREI) has A acquired Owenlaw Trust Limited, the manager of the $60 million Owenlaw First Mortgage Income Fund and the $20 million Owenlaw Mortgage Trust. The Owenlaw First Mortgage Income Fund is a 'contributory ...