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Showing 711 - 720 of 2187 results for "Plus"

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 ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
... choice options. For a balance of $100,000, a member would pay $167.60 a year. This adds to product fees of $67.56 per annum, plus a 0.1% asset-based fee capped at $800 pa. With all else being equal, this equates to 0.17% of the member's account b ...

Ironbark dumps investment manager

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
... manager of its Global Diversified Alternatives Fund, stating K2 failed to achieve the specified objectives of the fund - cash plus 4%. K2 has managed the fund since November 2011. Ironbark said the process and philosophy by which K2 currently manages ...

AUB Group hires chief executive

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... and plan for a smooth leadership position." Emmett's salary will be a fixed annual remuneration of $850,000 including super plus incentives. There is a short term incentive (STI) of $600,000 (if on target) capped at a maximum 150%. Also, there is an ...

No-deal Brexit sparks mixed reaction: Poll

KARREN VERGARA  |  MONDAY, 21 JAN 2019
... year show how much business and investor sentiment can be impacted by political events. There is however, an upside. "The plus side of this uncertainty is that many equity markets around the world, including the UK, are significantly cheaper than a year ...

Poor equities performance sees MySuper suffer

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... Money. The top five personal products for the timeframe were those offered by Media Super, NGS Super, Statewide Super, Club Plus Super and HESTA. The median return seen was 0.8%. Finally, the top five retirement products were NGS Income Stream, First ...

Aristotle enters Australian market

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
Global investment manager Aristotle is entering the Australian market via a distribution agreement with Plus Capital Management. Third-party marketing business Plus Capital will focus on introducing Aristotle's global equity strategy to Australian ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... Scheme pension. The two pension schemes were closed to new members in the early 1990s, and many of the association's 6000-plus members are now approaching or have reached their estimated life expectancy. Based on projections, the group would potentially ...