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Showing 5881 - 5890 of 10556 results for "BEI"

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
Sales culture in the life insurance industry is undermining standards of good practice, according to APRA deputy chair Ian Laughlin. Speaking at the Actuaries Institute's Insights Session on 3 March, Laughlin said that the industry's focus on "sales ...

Super funds turning to passive to tackle high fees

MARK SMITH  |  MONDAY, 9 MAR 2015
Passive investment strategies are now being used by almost half of retail super funds, according to research by ING Direct which highlights that funds with high fees could end up costing investors more than $150,000 compared to cheaper funds. The research ...

Former Future Fund chief executive takes new role

ALEX BURKE  |  MONDAY, 9 MAR 2015
Former Future Fund chief executive Mark Burgess has been appointed chair of the advisory board of Jamieson Coote Bonds, having retired from his previous position in late 2013. JCB is an active Australian bond fund manager with a focus on Australian ...

Advice M&A activity set to soar in 2015

LAURA MILLAN  |  MONDAY, 9 MAR 2015
Advice business mergers and acquisitions are set to reach unprecedented levels in 2015 thanks to regulatory certainty and an increasing demand for independent financial advice. "The shackles of poor investment markets and legislative uncertainty have ...

What becomes of the broken hearted?

TREVOR HARRIS  |  FRIDAY, 6 MAR 2015
The period between separation and divorce is fraught with estate planning dangers, CommInsure national technical manager Alex Koodrin explained at a recent Financial Standard Technical Services Forum in Sydney. Koodrin said that the average time period ...

Economic growth to slow significantly: IGR

MARK SMITH  |  THURSDAY, 5 MAR 2015
The Intergenerational Report (IGR) has projected that the growth rate of the economy over the next 40 years will be significantly lower than the last 40. In introducing the report Treasurer Joe Hockey said: "It is fantastic that Australians are living ...

JPM Global Strategic Bond Fund rated by Zenith

MARK SMITH  |  THURSDAY, 5 MAR 2015
JPMorgan's Global Strategic Bond Fund has been awarded a 'Recommended' rating from research house Zenith. In its assessment, Zenith said the firm's global fixed income, currency and commodities (GFICC) team is one of "the strongest in the peer set" ...

US fiduciary reforms will rock pension funds

ALEX DUNNIN  |  THURSDAY, 5 MAR 2015
US financial advice experts are again warning that proposed requirements to introduce fiduciary obligations on people and entities providing advice will rock the retirement fund sector. The proposal for a fiduciary advice standard is being pushed by ...

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
Central bank surprises continue. This week started with the People's Bank of China (PBOC) surprising with a weekend announcement that it is lowering both its benchmark one-year lending rate and one-year deposit rate by 25 basis points each to 5.35% ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 MAR 2015
The sharemarket is in the red after initially opening higher, dragged down by the miners and weak leads from Wall Street. IG Markets strategist Evan Lucas says the market is muddled by a slight bounce back in the bank, healthcare and diversified financial ...