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Showing 661 - 670 of 2288 results for "Premium"

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
... Cromwell Funds Management has sold a refrigerated distribution facility in South Australia for $63.05 million; an 18.96% premium to the asset's book value. Cromwell has sold Rand Distribution Centre on behalf of its owner, Cromwell Property Trust (C12) ...

Alternative assets are the new bonds: JPMAM

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... Morgan Asset Management, which said a well-diversified portfolio of core real assets can offer two-three times the income premium of traditional fixed income. Speaking at an online webinar, Shawn Khazzam, APAC head of alternative solutions, Pulkit Sharma ...

Front loaded discounts lead to worse outcomes

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... premiums once the account aged-based increases and indexation is added in the second year. "The effect that these sharp premium increases have psychologically on a client, and the increased likelihood the client will lapse as a result, should not be ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
Slater and Gordon has criticised life insurers for proposing to dictate who can and can't access mental health treatment through their funding programs. Calls from the life insurance industry for regulatory freedom to allow life companies to be ...

ASIC puts investment managers on notice over valuations

ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
The corporate regulator is ramping up its focus on reviewing valuation practices amongst investment managers to ensure they are reliable during the pandemic. ASIC's Interim Corporate Plan 2020/21 is reminding entities to ensure that the valuations of ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
AMP, Colonial First State, Equity Trustees, IOOF, Intrust, Netwealth and Suncorp have been caught out by the corporate watchdog for wrongfully assigning 'smoker' statuses to new members, with only four of the aforementioned businesses set to ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... supply. That said, BDMs with strong client relationships and investment knowledge will continue to demand and receive a premium to average salary, the firm said. According to Riva, a regional sales manager working for an investment platform should set ...

AMP Capital names real estate head replacement

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... heritage in managing iconic real estate for local and global investors, we have an excellent foundation of depth of talent, premium assets and great client relationships on which to grow the business," O'Connor said. "While COVID 19 has created challenges ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... unfair and illegal," Shine class actions practice leader Craig Allsopp said. "The sheer number of people affected by these premium rorts shows we're not just talking about a few bad apples here but a systemic misconduct in the industry." Anyone who holds ...