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Showing 521 - 530 of 749 results for "VAS"

Challenger adds firepower to annuities business

MARK SMITH  |  MONDAY, 25 AUG 2014
Challenger's $530 million capital raising program is likely to tighten the company's already firm grip on the lucrative annuities market. The figure will be raised from a combination of a $250 million institutional share placement and a $30 million ...

Allan Gray Australian Equity Fund highly recommended by Zenith

MARK SMITH  |  MONDAY, 7 JUL 2014
The Allan Gray Australia Equity Fund has received a 'Highly Recommended' rating from Zenith Investment Partners. The benchmark-unaware domestic equity fund is focused on companies which Allan Gray believes misunderstood or out of favour, trading significantly ...

Citi develops white label banking for industry funds

JAMES FERNYHOUGH  |  FRIDAY, 4 JUL 2014
Citi is offering to white label its retail banking services for industry super funds as a way of stemming the outflow to retail funds and self-managed super funds (SMSFs), Financial Standard can reveal. In what could prove a lifeline to industry funds ...

MetLife Australia names new CFO

ALICE URIBE  |  TUESDAY, 17 JUN 2014
A former MLC & NAB WealthA chief financial officer (CFO) has joined MetLife Australia as its latest CFO. Vince Watt has over 14 years' experience in financial services and joined MLC/NAB in 2000 where he held various positions including head of planning ...

Majority of Australians say 'no' to fossil fuel investment

JAMES FERNYHOUGH  |  WEDNESDAY, 4 JUN 2014
The vast majority of Australians do not like the idea that their superannuation is invested in fossil fuels, a new survey has found. According to the report, 67% of Australians would choose a superannuation fund that does not invest in fossil fuels ...

New infrastructure fund for SMSFs launches

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
A new fund dedicated to providing self-managed super funds and high net worth investors with access to unlisted infrastructure has been launched. Chaired by Pacific Hydro director Geoff Coffey, the Infrastructure Partners Investment Fund (IPIF) is a ...

Challenger sees sustained interest in lifetime annuities

JAMES FERNYHOUGH  |  WEDNESDAY, 16 APR 2014
Challenger has continued to grow its lifetime annuities business, with sales more than doubling in the first quarter of 2014 compared to the prior corresponding period (PCP). Overall, Challenger Life's annuity sales - including lifetime and fixed annuities ...

Insurance industry still behind on big data usage

LAURA MILLAN  |  THURSDAY, 3 APR 2014
The insurance industry is still behind when it comes to accessing and using customer data to predict consumer behaviour and design personalised products. Bravura Solutions and the Financial Services Council (FSC) conducted a poll on the life insurance ...

market wrap PM

AAP  |  MONDAY, 10 MAR 2014
Mining companies have dragged the sharemarket lower after weak Chinese trade data lead to a fall in commodity prices. Chinese import and export figures released on Saturday showed an unexpected trade deficit of $US22.98 billion ($A25.37 billion), vastly ...

Strong demand for online education: Wealth Know How

HARRY PAGE  |  FRIDAY, 14 FEB 2014
Instreet managing director George Lucas and former Australian editor James Dunn have joined forces to launch an independent video-based website focused on wealth creation education. The free site, Wealth Know How, anticipates supporting investors at ...