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Showing 5321 - 5330 of 9740 results for "Major"

Super fund fortunes shift on FX exposure

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Unhedged foreign currency exposure may be the way to go for super funds after a fall in the Australian dollar contributed 8.8% to unhedged portfolios in the last financial year. This bucks the trend of recent years. According to the NAB Superannuation ...

Market Wrap

AAP  |  WEDNESDAY, 14 AUG 2013
... nine cents at $36.90, Rio Tinto had added 44 cents to $62.27, and Fortescue had lifted three cents to $4.34. But among the major banks, ANZ had dipped eight cents to $29.46 and Westpac had eased three cents to $31.05, while National Australia Bank had ...

Twitter usage on the rise

ALEX DUNNIN  |  WEDNESDAY, 14 AUG 2013
... online US adults now use social media, up from 60% three years ago, reinforcing how social media albeit not currently a major communications platform for super funds and wealth managers, will soon rise to be considered a mainstream channel. Growth of ...

AIA tackles spike in mental illness-related claims

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
... coming through. "As a consequence of that prices are going to rise very sharply. They've been going up close to 50% for the major group schemes," he told Financial Standard. The work of SuperFriend offers an alternative - or complementary - method of ...

Next wave of SMSF growth fuelled by Gen Y

MARK SMITH  |  TUESDAY, 13 AUG 2013

NAB confirms redundancies in wealth division

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... made effective to date and gave the same short statement that it delivered to the press in April, when the first signs of a major shake-up in its wealth management division started to appear. "In March, NAB announced a strategy update to the market detailing ...

FoFA FDS uncertainty remains

LAURA MILLAN  |  MONDAY, 12 AUG 2013
The Future of Financial Advice (FoFA) regulation needs more changes to eliminate grey areas, but any modifications will have to be legislated to be meaningful. Fee disclosure statements (FDS) are one of the main issues of concern for financial advisers ...

Market Wrap

AAP  |  MONDAY, 12 AUG 2013
... prices rising. A lot of the miners have been reacting relatively well," he said. "That's part of the reason you're seeing major miners come back a bit." BHP Billiton rose $1.02, or 2.84 per cent, to $36.96, while Rio Tinto added $1.80, or 2.99 per cent ...

AustralianSuper to increase in-house investment capacity

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
... that will save us $200 million every year in investment management costs. This is a very, very big project." Ridout said a major part of the challenge is finding the expertise. "The recruitment of the right people into it, finding the right talent, has ...

Stronger Super transparency rules too stringent: FSC

JAMES FERNYHOUGH  |  FRIDAY, 9 AUG 2013
The Financial Services Council (FSC) has called on Treasury to loosen transparency requirements associated with the Stronger Super reforms, including the product dashboard, portfolio holdings disclosure requirements, and Product Disclosure Statement ...