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Showing 761 - 770 of 980 results for "SWA"

FOS swamped with complaints

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The Financial Ombudsman Service (FOS) is changing how it deals with investments, life insurance and superannuation complaints to cope with rising complaint volumes, particularly in financial planning. The service noted it saw a 77 per cent increase ...

Future Fund books 4.2pc loss

FUTURE FUND UPDATE  |  FRIDAY, 4 SEP 2009
The Future Fund rode the latest quarter market recovery when it gained 5.1 per cent in the three months to June, but posted a 4.2 per cent loss for the financial year (ex Telstra). The fund's Telstra shares of around two billion gained 4.9 per cent ...

Mmm...bargains

BENJAMIN ONG  |  THURSDAY, 3 SEP 2009
Mmm...bargains In the words of Homer (Simpson, that is, "mmmm...bargains!" September's curse is in full swing. Wall Street dipped again last night. Why? Please explain? If you believe the spin, it was because stocks are overvalued, the US recovery would ...

Channel swimmer named Actuary of the Year

COMPANY RELEASE  |  TUESDAY, 1 SEP 2009
The Institute of Actuaries of Australia has awarded Kaise Stephan as actuary of the year for his contributions to the profession and also raising more than $160,000 for charity. Stephan is chief actuary at Munich Re and swam the English Channel in just ...

CFS GAM hires short-term cash manager

COMPANY RELEASE  |  THURSDAY, 27 AUG 2009
Colonial First State Global Asset Management hired former AMP Capital Investors senior portfolio manager, Martin Ross as portfolio manager in the short-term investments team. Ross previously worked as a senior portfolio manager - macro markets - fixed ...

YMCA fund introduces fixed interest

RUTH LIEW  |  MONDAY, 10 AUG 2009
The Australian YMCA Superannuation Fund has unveiled a new fixed income strategy for members, after having only a growth strategy as its default option. A newsletter from the fund noted that the fund started offering a second strategy, "Fixed Interest" ...

Dead cat bouncers dead

BENJAMIN ONG  |  MONDAY, 10 AUG 2009
Hi ho...hi ho, it's off to work we go! The news just got better. If you thought Australia's latest unemployment reading was great, you'll certainly be rejoicing - as Wall Street did - at the reduction in America's jobless rate. Here at home, the Australian ...

Ways to go

BENJAMIN ONG  |  FRIDAY, 24 JUL 2009
"The government is not contemplating another round of cash payments," Australian Federal Treasurer Wayne Swan told the Australian Broadcasting Corp. (ABC) early this week. This could be interpreted as either the Australian Government does not want to ...

GFC spurs DB plans commitment

RUTH LIEW  |  MONDAY, 20 JUL 2009
If you think the GFC had pushed pension funds away from defined benefit plans, think again - more than 70 per cent of fund executives have no intention of changing their DB plan structures. A new survey by Towers Perrin and SCO noted that while the ...

RIAA hires ESG manager

COMPANY RELEASE  |  TUESDAY, 30 JUN 2009
Responsible Investment Association of Australasia (RIAA) has hired former UK based socially responsible investment officer, Katie Swanston, as environment, social and governance research manager for the association's academy. Swanston previously worked ...