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

Search Results

Showing 501 - 510 of 820 results for "Group of 20"

AIA tackles spike in mental illness-related claims

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Life insurer AIA Australia has launched a paper exploring ways of getting employees suffering from mental illness back into work, after a spike in total and permanent disability (TPD) claims has put serious pressure on the life insurance industry. The ...

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
The Federal Court of Australia has determined that "a substantial wrong" occurred on May 2013 when a judged approved the settlement between Macquarie Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by ...

The life insurance sustainability challenge

ALICE URIBE  |  FRIDAY, 2 AUG 2013
Australian retail and group insurance markets need a greater focus on risk selection so that insurers can return to sustainable long-term profitability, Alain NA(C)emeh, executive vice president, Australia and Canada at Reinurance Group of America (RGA) ...

Super fund mergers pose capacity problem

MARK SMITH  |  MONDAY, 15 JUL 2013
Consolidation within the superannuation industry and the subsequent creation of mega funds is forcing chief investment officers to rethink their strategies, threatening to kill off institutional access to nimble boutique managers. Smaller funds are ...

WB advisers join CBA's Financial Wisdom

LAURA MILLAN  |  MONDAY, 15 JUL 2013
The 23 authorised representatives of WB Financial Management have joined the Commonwealth Bank-owned Financial Wisdom dealer group. WB Financial board took the decision to go under CBA's umbrella in an attempt to deal with "an increasingly comply regulatory ...

Former Deutsche AM CEO joins Brookvine

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
Former chief executive of Deutsche Asset Management Stephen O'Brien has been made executive director at advisory and marketing firm Brookvine. O'Brien was at Deutsche for five years. Before that he worked at Schroders and at Tyndall Investment Management. ...

Paul Heath resigns as JBWere CEO

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
Paul Heath has resigned from his role as JBWere chief executive officer, NAB Wealth said today. Heath will remain JBWere chief executive until mid-July to support the transition to an interim CEO and NAB, in conjunction with the JBWere board, will conduct ...

NZ Super takes stand on nuclear weapons

MARK SMITH  |  TUESDAY, 11 JUN 2013
The New Zealand Superannuation Fund (New Zealand Super) has sold its holdings in a group of nuclear base operators because they have become involved with upgrading or modifying nuclear explosive devices. Publicly listed companies Babcock & Wilcox, Fluor ...

Shell Super to outsource to Plum

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
Shell Australia Superannuation Fund (Shell) is set outsource its superannuation to Plum Financial Services Ltd (Plum), once it gets trustee sign off. Shell made the announcement in a member update this week. "The decision as to whether or not a transfer ...

Challenger in $602m alliance with Federation shopping malls

MARK SMITH  |  THURSDAY, 6 JUN 2013
Challenger has entered into an agreement to buy half shares in six Federation shopping malls in a deal worth $602 million. The asset manager will take a 50% stake in regional shopping centres in Bankstown and Roselands in New South Wales as well as ...