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Showing 6321 - 6330 of 10706 results for "May 2012"

Nearly 50% of woman to suffer under LISC dumping

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
Industry Super Australia (ISA) has ramped up its campaign to save the low income superannuation concession (LISC), saying scrapping Labor's plan will hurt almost one in two Australian women. The industry body also claimed that the repeal of the LISC ...

AMP seeks to raise $200 million with debt issue

MARK SMITH  |  WEDNESDAY, 6 NOV 2013
AMP is seeking to raise $200 million through the launch of new subordinated and unsecured debt securities on the Australian Securities Exchange (ASX). Known as AMP Subordinated Notes 2, the new instruments were intended primarily to finance existing ...

Life insurance faces worst conditions in decades

LAURA MILLAN  |  TUESDAY, 5 NOV 2013
With shareholder returns in free fall, the life insurance industry is facing its worst conditions in decades, an Ernst & Young Australia (EY) analysis of the full year banking results found. The report noted how disability claims are rising "well beyond ...

WA Local Government Super rebrands, gets MySuper

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
WA Local Government Super is looking to corner the MySuper market in Western Australia after becoming the only Western Australian fund so far to be granted a MySuper licence. The fund, which until now has been exclusively for local government employees ...

Super funds 'fair game' for activist scrutiny

JAMES FERNYHOUGH  |  TUESDAY, 5 NOV 2013
Super funds must prepare for a high level of activist scrutiny of their investments as a result of the increasing of portfolio disclosure requirements, according to Peter Lewis, director of Essential Media Communications (EMC). Under current plans ...

Fund returns dip to 15pct

STAFF WRITER  |  MONDAY, 4 NOV 2013
The SelectingSuper Workplace rolling 12 month default option index dipped during September, but at 15.1% for the year ended 30 September 2013 they are still at near three year highs. Rainmaker, the researcher that conducts surveys of fund performance ...

Leading fund manager demands reporting rule change

MARK SMITH  |  MONDAY, 4 NOV 2013
Stricter company reporting rules are needed, as some companies are giving institutional shareholders an unfair advantage by providing "privileged information," according to top Australian fund manager John Abernathy. The Clime Asset Management chief ...

Market Wrap

AAP  |  MONDAY, 4 NOV 2013
The Australian stock market has opened higher following gains on Wall Street driven by good US manufacturing data and car sales figures. CMC Markets chief market analyst said the Australian market might be further supported by the news that China's ...

Super funds shun Aussie managers

MARK SMITH  |  MONDAY, 4 NOV 2013
Australian superannuation funds are overlooking local active international equities managers in favour of their overseas counterparts. According to research by Rainmaker Information, Australian managers have won about $3.2 billion, or around 10%, of ...

NAB workers demand profit share after 1172 job cuts

JAMES FERNYHOUGH  |  FRIDAY, 1 NOV 2013
Employees of National Australia Bank (NAB) are calling for a bigger share in the record profits the bank announced yesterday, at the end of a year that saw NAB shed 1172 jobs across all of its operations. In its annual report, NAB yesterday announced ...