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Showing 681 - 690 of 2164 results for "Plus"

More consolidation to come: APRA

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... likely product of this work. It is difficult to argue that Australia needs as many as 200 superannuation funds or 40,000 plus investment options. But that well-worn adage remains true: past performance is not necessarily a good guide to future performance," ...

Clearview overhauls life insurance premiums

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... 22 April 2020. After that date, premium rates by benefit type will either remain unchanged or increase to maximum of 10% plus CPI increases, Clearview said. Commissioner Kenneth Hayne said in his final recommendations that the hawking of insurance products ...

Prime Value recruits former super fund chief

KARREN VERGARA  |  WEDNESDAY, 20 FEB 2019
... part of an investment group that includes Shakespeare Property Group, managing more than $1.5 billion across equities, cash plus, direct property and agriculture investment. Last year Financial Standard to spoke to chief investment officer and portfolio ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... December 2018 quarter following a 0.7% contraction in the previous quarter, lifting the annualised economic growth rate to plus 1.4% from the September quarter's minus 2.6% rate. According to the report, "The rebound in economic activity was supported ...

Macquarie wins Investment Manager of the Year

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
... management they want outperformance relative to the amount of active risk being taken. In addition they may want the market return plus some downside protection if the markets turn south." Macquarie Investment Management topped other finalists AMP Capital ...

Legalsuper renews admin contract

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... replacing the existing weekly pricing approach, and providing increased transparency and immediacy for member account updates, plus transition to a new direct investment option platform offered by UBS," he said. The $3.7 billion superannuation fund sought ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... this ($1.2 billion) is for the wealth customers including reviews of its advice and service delivery functions, Credit Card Plus, CommInsureLife Insurance, CommInsureLoan Protection and NewCo Indemnity. $245 million is to be spent on remediating banking ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... insurance products over five years. MLC paid out $1.2 billion, OnePath paid $1 billion, TAL $840 million, Westpac $697 million (plus $158 million in grandfathered commissions on life insurance in super products), AIA paid $690 million, CommInsure paid ...

Yarra Capital adds to investment team

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... Yarra team that crossed over from Goldman Sachs. The boutique is currently looking for a replacement for Britza. Yarra Income Plus Fund is one of the six finalists in Financial Standard's Investment Leadership Awards 2019 in the fixed income -- aggregate ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... disgorgement. It also ordered Shapiro to pay a US$100 million civil penalty and to disgorge US$18.5 million in ill-gotten gains, plus US$2.1 million in prejudgment interest. Shapiro has not admitted or denied the SEC's findings. However, it has permanently ...