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Showing 7001 - 7010 of 8595 results for "SIM"

Super assets to hit $2 trn by 2015: Deloitte

MICHAEL HOBBS  |  THURSDAY, 25 JUN 2009
Deloitte predicts assets under the superannuation industry to hit $2 trillion in under six years, with industry funds and SMSFs taking the lion's share of projected post-retirement assets. Deloitte's actuaries, using the firm's superannuation model ...

Suncorp re-names wealth division

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
Suncorp has renamed the group's wealth management business to Suncorp Life. Geoff Summerhayes, group executive at Suncorp, said the new name recognised the business' strength and focus on the life insurance market. "Suncorp Life aspires to be a leading ...

Up, Down, Flat

BENJAMIN ONG  |  THURSDAY, 25 JUN 2009
So which is it? Increased, decreased, steady? What did Wall Street really do overnight? The answer is, it depends. It depends on which US stock market average you are looking at. Look at the Dow Jones Industrial Index and you could conclude that the ...

AIA arises from AIG

ALEX DUNNIN  |  WEDNESDAY, 24 JUN 2009
AIA has today become the new name and brand for AIG Life in Australia as the group takes another step towards becoming a fully independent Asian-based insurance giant. The initiative follows similar moves announced last month by other former AIG subsidiaries ...

GFC highlights five-year outperformers

MICHAEL HOBBS  |  TUESDAY, 23 JUN 2009
In 2004, Greece held the Olympic Games, Coldplay's Clocks was on top of the charts and, if you invested $1,000 in Perennial, Prime Value or Fidelity's Australian equities fund, that same capital would be worth over $1,700 today. Rainmaker Information ...

Legal funds merge into Legalsuper

COMPANY RELEASE  |  TUESDAY, 23 JUN 2009
Legalsuper has merged with two similar industry funds - the $140 million Victorian Bar Superannuation fund and the smaller Blake Dawson Partner's Superannuation Fund. The mergers bring legalsuper's total funds under management to over $1.1 billion ...

NAB/Aviva deal fuels insurance shake-up

RUTH LIEW  |  MONDAY, 22 JUN 2009
The combined entity of NAB/MLC and Aviva's insurance arm will create a life insurance provider with the largest total risk premium inflows and one that claims a 15.5 per cent share of the market - usurping CommInsure's top spot in the category. Figures ...

NAB and Aviva rule platform land

RUTH LIEW  |  MONDAY, 22 JUN 2009
NAB's acquisition of Aviva Australia's Navigator business will create the largest platform provider with $69 billion in funds under management and more than 2,900 advisers using its services. NAB, which announced it had agreed to purchase Aviva Australia's ...

Swanson leaves CommInsure

MICHAEL HOBBS  |  FRIDAY, 19 JUN 2009
Simon Swanson is leaving the Commonwealth Bank of Australia after 30 years at the bank and four and a half years at the helm of CommInsure. Under his tenure, CommInsure became one of the largest insurers in Australia with inforce premiums of $1.5 billion ...

S&P rates former CS funds 'four stars'

PRESS RELEASE  |  FRIDAY, 19 JUN 2009
Standard & Poor's assigned five former Credit Suisse international equity funds a 'four stars' rating after the funds shifted to Aberdeen Asset Management's model portfolio. The ratings upgrade comes after Aberdeen Asset Management confirmed the funds ...