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Showing 5361 - 5370 of 20553 results for "BEN"

Integrity Life focuses on SMEs

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
The insurer said it is the first group product of this type that offers an income benefit to the employer as well as the employee. "The Five+ product is simple to understand and maintain and completely transparent. It is very much an off-the-shelf solution ...

Former NAB adviser sentenced

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
A former NAB financial adviser has been sentenced for withdrawing funds from the accounts of clients without their knowledge, but will avoid jail time. The District Court of NSW sentenced Max Kiattisak Eung to three years imprisonment to be served through ...

Stronghold launches open-ended fund

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
Commercial property fund manager Stronghold has launched its first open-ended property fund. The Stronghold Precincts Property Fund will combine the firm's existing strategy for investing in suburban office precincts - which since 2013 has seen it acquire ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
A 47-year-old corporate superannuation fund has merged with a $16 billion industry fund. The Dow Australia Superannuation Fund (DowASF), home to just under 400 members, has merged with Equipsuper. Established in 1972, DowASF is the corporate plan of ...

Fidante signs US alternatives manager

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
An American fund manager has teamed up with Challenger's Fidante Partners to market its funds down under, as it sees Australian demand for alternative strategies rise. Los Angeles's Ares Management Corporation manages over US $142 billion across three ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
A financial advice industry veteran has called for a return to the mutual model, saying the sector has lost focus and a sense of purpose. Property Funds Management Australia chief executive Barry Daniels has said there is still hope for the industry ...

Major funds expand with Singapore investment

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
Whitehelm Capital has completed the acquisition of the Institute of Technical Education College West PPP Project in Singapore on behalf of MTAA Super and Prime Super. The education center was previously owned by Gammon Investments and Jardine Matherson ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
"Yesterday, all my troubles seemed so far away Now it looks as though they're here to stay..." - The Beatles Well, two yesterdays ago to be precise. This was on October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time ...