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Showing 7501 - 7510 of 21777 results for "Dec"

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
An industry superannuation fund has swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation ...

Legal fight could change super game

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
Rest, the $57 billion industry fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry. Rest will be in court again on November 15 for a case management hearing. In July ...

September FASEA exam results in

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
The Financial Adviser Standards and Ethics Authority has released the results from the financial adviser exam held in September, which 1697 financial advisers sat. The exam was held in eight metropolitan and nine regional centres between 19 September ...

Challenger head of retail departs

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
Challenger's head of retail sales has left the company after 12 years to join a Melbourne boutique. Yarra Capital Management has appointed Vito D'Introno as its first chief commercial officer. D'Introno has led the retail business at Challenger Life ...

Adviser scammed family, friends

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
A New York investment adviser named Ruless Pierre allegedly operated a Ponzi scheme that unlawfully obtained more than $2 million from investors who were told they'd see returns of 20% every two months. Part of the scheme, known as the Amongst Friends ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
It won't be over till it's over. Yes Virginia, the uncertainty that is Brexit festers on, pushed further until Britons have cast their vote at (yet another) general election to be held on 12 December (December 13 in Australia) and from there ...

What finance professionals are really paid

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
A new salary benchmarking report for 2020 from Michael Page has revealed what various finance professionals in Australia can expect to be paid, including distribution leads and investment directors. According to the report, legal, risk and compliance ...

Actuaries develop retiree rule of thumb

HARRISON WORLEY  |  THURSDAY, 7 NOV 2019
A group of actuaries have answered the calls of retirees looking for a simpler way to determine how much money they should draw out of their savings in retirement, developing a new three-part rule of thumb. The Rule of Thumb Working Group has developed ...

BT shuts down two funds

KANIKA SOOD  |  THURSDAY, 7 NOV 2019
BT Financial Group has shut down a $670 million global property fund and a $293 million Asian shares fund, as it sees them unsuitable for retail investors. The bigger of the two funds, Advance Global Property Fund was managed by Principal Global Investors ...

Pengana to acquire stake in US firm

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
Pengana Capital has announced its intention to acquire a "significant stake" in a Chicago-based asset management firm. Lizard Investors, which specialises in global small to mid-cap equities, entered into a joint venture with Pengana in 2015 to sub-advise ...