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Showing 7741 - 7750 of 9743 results for "Major"

Four in five happy with their super: ASFA

MICHELLE BALTAZAR  |  FRIDAY, 14 NOV 2008
The global financial crisis prompted only 13 per cent of Australians to change the way they save for their retirement and a majority 80 per cent are happy with the performance of their super fund, a new industry survey shows. The findings were from ...

G20 to the rescue

BENJAMIN ONG  |  FRIDAY, 14 NOV 2008
... and yet another doing all of the above has had very minimal effect thus far. There must be one concerted action by all the major players. Tomorrow's G20 Summit is a step in the right direction. The G20 must come up with a unified and concrete course ...

Mass modular advice to boost savings

MICHELLE BALTAZAR  |  THURSDAY, 13 NOV 2008
Super funds can help millions of working Australians boost their retirement savings through "mass advice", a new advice service that can be delivered in 15 to 40 minutes without falling foul of ASIC regulation. ASFA research released last year shows ...

Good news at last for AIG

MICHAEL HOBBS  |  THURSDAY, 13 NOV 2008
At last some good news for AIG Life Australia with the company announcing a major upgrade of their insurance suite while also coming runner-up in the CoreData Life Company of the Year awards. The firm's Priority Protection insurance suite is receiving ...

US resi housing collapse hits CalPERS

RUTH LIEW  |  THURSDAY, 13 NOV 2008
The $296 billion California Public Employees' Retirement System (CalPERS) has suffered a 35 per cent write-down in the market value of its $15 billion residential housing portfolio. Latest figures from CalPERS' assessment of its housing portfolio showed ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 NOV 2008
... who hoped to see the bad debt wiped off companies' books. The Dow Jones industrials fell more than 270 points, and all the major indices dropped more than 3 per cent as the market retreated for a third straight session. Paulson said the government's ...

New dynamics, new realities: ASFA

MICHELLE BALTAZAR  |  WEDNESDAY, 12 NOV 2008
... re-think on the selection of G8 countries. The criteria should change so that countries including Saudia Arabia, the world's major source of oil, or India, the world's largest democratic country, should be included in the decision-making process alongside ...

Long-only turmoil pushes investors to hedge funds

ALEX DUNNIN  |  WEDNESDAY, 12 NOV 2008
... losses of less than half that amount - around 18 per cent - and proven its long-term value," he said. Young said several major consultancy groups are now forecasting institutional investors to tip more money into the hedge fund sector as they re-evaluate ...

GFC pushes ASIC to let funds provide limited advice

ALEX DUNNIN  |  TUESDAY, 11 NOV 2008
... has specifically highlighted this grey area in its intra fund advice submission, ASFA sees 'implied personal advice' as a major stumbling block to the provision of helpful guidance to fund members in the current environment." While this issue of whether ...

Changing of the guard at Russell

MEDIA RELEASE  |  TUESDAY, 11 NOV 2008
... as it broadened its footprint through a range of new multi-manager investment programs and strategic relationships with major planner groups. In February this year Corneil was appointed to head the combined retail and institutional services group, known ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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