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Showing 621 - 630 of 1611 results for "Prudent"

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... to the economy's fast and orderly transition under the Paris Agreement," Barnden said. On its website, Rest states that prudent investing involves looking at all the factors that determine the sustainability of an investment, which involves considering ...

CPA Australia scraps advice offering

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
CPA Australia is dropping its financial advice offering after a review determined it was not financially viable. CPA Australia Advice notified its existing authorised representatives and staff on Friday of its intention to shutter, saying it will assist ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
One of Australia's largest group insurers believes it should be up to individual superannuation fund trustees to determine the minimum age for providing automatic default life insurance cover. In its submission to the Senate Economics Legislation Committee ...

Investor interest in long-short strategies surging: Zenith

KANIKA SOOD  |  THURSDAY, 12 JUL 2018
The amount invested in Zenith-rated long-short Australian equity strategies surged 43% in the 12 months to March as investors steer portfolios through a prolonged bull run with concerns for a market correction in the future. Over a four-year period ...

APRA tells banks to prepare for financial storm clouds

HARRISON WORLEY  |  THURSDAY, 12 JUL 2018
... storm clouds and strong winds will arrive at some point." Byres outlined a three-pronged strategy which he said was both prudent, simple and would ensure Australia's banks were prepared for the worst, should it eventuate. "Maintaining sound lending standards ...

Disability income insurance an ongoing concern: APRA

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
Disability income insurance (DII) continues to be a loss-making venture for life insurers as the prudential regulator undertakes a comprehensive review of its sustainability, pricing and the actual benefits delivered to policyholders. Otherwise known ...

ESG considerations material to long-term success

HARRISON WORLEY  |  MONDAY, 9 JUL 2018
... concerned if their super fund is not integrating ESG considerations into their investments," Vamos said. "Not only is it prudent from a risk perspective, but not doing so represents a missed opportunity to perform well against the market average." "There ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... portfolio. "IPE has been winding down its portfolio for many years and returning cash to shareholders when it has been prudent to do so. IPE has never been able to provide a definitive guide to the timing of a full wind-down of the portfolio and the ...

Cash is cash, APRA tells super funds

KANIKA SOOD  |  MONDAY, 2 JUL 2018
The prudential regulator has chided superannuation funds for investing members' funds held in cash options into non-cash securities like bonds and hybrid debt instruments among others. APRA's review found cash options had exposure to asset-backed ...

Centrepoint bumps up advice litigation provision

KARREN VERGARA  |  MONDAY, 2 JUL 2018
... million more than anticipated. Following its reassessment of PIS' legacy claims, Centrepoint Alliance said it was prudent to increase the $2.7 million provision it established in November 2017 as a result of "a former authorised representative's ...