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Showing 5261 - 5270 of 10554 results for "BEI"

ME makes peak appointment

MARK SMITH  |  FRIDAY, 8 JUL 2016
ME, the bank owned by 30 industry super funds, has appointed a former lawyer and accomplished mountaineer to its board. Cheryl Bart's board appointment was effective from 1 July. ME described the former lawyer, who started her career in the banking ...

Last-minute accountant AFSL applications creating ASIC backlog

ALEX BURKE  |  FRIDAY, 8 JUL 2016
Now that the deadline for accountants to apply for limited or full Australian financial services licenses to continue providing SMSF advice has been reached, a substantial number of applications are still being assessed due to late submissions. In fact ...

AUSTRAC improves indigenous super access

DARREN SNYDER  |  THURSDAY, 7 JUL 2016
The Australian Institute of Superannuation Trustees supports new guidance from the Australian Transaction Reports and Analysis Centre (AUSTRAC) making it easier for Aboriginal and Torres Strait Islander peoples to access the superannuation system. AIST ...

Fidante manager closes $400m industrial water fund

ALEX BURKE  |  WEDNESDAY, 6 JUL 2016
Fidante Partners-affiliated real assets investment manager Resonance has made the third close of its industrial water infrastructure fund. Resonance Industrial Water Infrastructure Limited has received $400m in commitments from six institutional investors ...

Longevity driving interest in risk pooled products

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
A combination of longer life expectancy and poor returns from volatile markets is driving more investors to reassess their retirement and life insurance products, according to Milliman. Milliman, a global provider of actuarial products and services ...

BetaShares beefs up team

MARK SMITH  |  WEDNESDAY, 6 JUL 2016
ETF provider BetaShares has grown its portfolio management and distribution teams with its two latest appointments. Chamath De Silva joins as assistant portfolio manager while Adam O'Connor comes on board as manager - distribution. De Silva will provide ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

ASFA appoints interim CEO

DARREN SNYDER  |  TUESDAY, 5 JUL 2016
The Association of Superannuation Funds of Australia will announce its new chief executive in September following an extensive search and selection process to replace Pauline Vamos. Overseeing ASFA in an interim chief executive role from 16 July will ...

Telstra acquires Blue Sky fund assets

ALEX BURKE  |  TUESDAY, 5 JUL 2016
A Blue Sky Private Equity fund has sold its majority share of a business to Telstra. The business, Readify, was founded in 2002 and provides large Australian companies with custom software development, deployment and consulting services. Blue Sky provided ...