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Showing 5491 - 5500 of 6266 results for "DET"

CILSLB reappoints MLCIC

RUTH LIEW  |  WEDNESDAY, 9 JUL 2008
MLC Implemented Consulting has been appointed by the Construction Industry Long Service Leave Board (CILSLB) to invest their assets and provide ongoing strategic advice. According to MLC, the appointment follows a detailed tender process. The CILSLB ...

Aust and HK strengthen retail ties

RUTH LIEW  |  TUESDAY, 8 JUL 2008
Hong Kong and Australian retail fund managers will be able to sell their products to investors in each other's markets following ASIC's signing of a mutual recognition declaration with the Hong Kong Securities and Futures Commission (SFC). For the first ...

Market Movers Overnight (8 July)

BENJAMIN ONG  |  TUESDAY, 8 JUL 2008
Economic data releases overnight give further confirmation that the slowdown in the United States is spreading to other major world economies. German industrial production fell by 2.4 per cent in May from the previous month - the largest drop in nine ...

Focus on value not fees: AFA

RUTH LIEW  |  FRIDAY, 4 JUL 2008
The Association of Financial Advisers (AFA) has put its foot down that advisers' commissions should not be abolished because the existing system promotes choice and value among clients. AFA national president Dennis Bateman stated that mandating a single ...

Netwealth hatches baby wrap

MICHAEL HOBBS  |  FRIDAY, 4 JUL 2008
Platform provider netwealth Investments launched its Investor Rewards Program that allows investors access to a cost efficient 'baby wrap' style investment menu. The baby wrap is integrated into the firm's existing Investment Wrap and Super Wrap platforms ...

US pension fund to settle suit for $930m

RUTH LIEW  |  FRIDAY, 4 JUL 2008
The largest public pension fund in the US fires a warning shot against companies with lousy corporate governance when it demanded a company it invests in to re-write its CG policy and pay a $930 million cheque for wrongful share trading. The $244 billion ...

AXA extends cover for 457 visas

MICHAEL HOBBS  |  THURSDAY, 3 JUL 2008
AXA upgrades its individual life insurance suite to include cover for 457 visa holders and separately, better cover for prostate cancer. As part of the firm's annual life insurance upgrade, 457 visa holders can now obtain a two-year income protection ...

Members Equity to offer super banking

MICHAEL HOBBS  |  MONDAY, 30 JUN 2008
Industry super funds owned Members Equity Bank plans to face retail banks head on with its version of an all-in-one superannuation and bank account. Members Equity Bank chief executive, Anthony Wamsteker, said the business is developing a product that ...

NZ economy goes negative

ALEX DUNNIN  |  MONDAY, 30 JUN 2008
Just as Australian fund managers turn their attention towards New Zealand as they try to take advantage of Kiwisaver and NZ Super, the land of the long white cloud has dipped into negative economic growth and looks set to fall into recession. "The New ...

Lord Stern launches carbon ratings

ALEX DUNNIN  |  WEDNESDAY, 25 JUN 2008
IDEAglobal Group, a company whose vice-chairman is Lord Stern, has just launched the Carbon Ratings Agency (CRA) service for investors and companies participating in the carbon market. The CRA ratings will operate similarly to credit ratings but focus ...