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Showing 61 - 70 of 100+ results for Ruth Liew

HIP appoints MLC as insurer, boosts cover

RUTH LIEW  |  FRIDAY, 19 NOV 2010
The $500 million-plus Health Industry Plan has appointed MLC as its group insurance provider and improved its insurance benefits for members. According to a letter from chairman Anthony Wallace, MLC's appointment coincides with increases in death cover ...

Centric Wealth gears up for acquisitions

RUTH LIEW  |  FRIDAY, 19 NOV 2010
Dealer group Centric Wealth's acquisition pipeline has more than quadrupled in the last five months, with more planners keen to join the group, thanks to big league M&As bubbling in the market. Mergers such as AMP and AXA's present rare opportunities ...

Fund manager challenges 'avoid' rating

RUTH LIEW  |  THURSDAY, 18 NOV 2010
Morningstar gave Alphinity's Concentrated Australian fund an 'avoid' rating citing concerns about the fee structure - but Challenger, which has a stake in the boutique, questioned the report calling the comments "emotional rather than logical". The ...

More voice needed in policy debate: AustralianSuper

RUTH LIEW  |  THURSDAY, 18 NOV 2010
Super funds controlling Australia's $1.3 trillion retirement savings have not played a strong enough role in policy debates and need to lift their game, said the chief of the country's largest industry fund. Ian Silk, chief executive of the $33 billion ...

Health Super to merge with First State

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
Health Super is in merger talks with First State Super to create a $28 billion-plus fund with over 750,000 members - making it one of the largest funds in Australia. Both funds announced an in-principle intention to merge by 30 June next year, subject ...

ASIC cracks down on CFD trading

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
ASIC has turned its attention to over-the-counter contracts for difference (CFDs), and is calling for improved product disclosure to help retail investors understand the highly leveraged derivative products they trade. The corporate regulator released ...

Member switching yields winners and losers

RUTH LIEW  |  TUESDAY, 16 NOV 2010
A new SuperSA study shows 93 per cent of Triple S members chose to stay in the default balanced option during the GFC - while 7 per cent opted to put their money in different strategies. SuperSA's Triple S members who switched investment options during ...

Industry fund members switch to SMSFs

RUTH LIEW  |  TUESDAY, 16 NOV 2010
Industry funds are losing members to self-managed super funds, poor investment performance and lacklustre communication, research shows. An Investment Trends survey of 8,500 fund members found that nearly one in four industry fund members (23 per cent) ...

AMP closes in on AXA

RUTH LIEW  |  TUESDAY, 16 NOV 2010
Five out of six AXA Asia Pacific independent directors have approved the sale of the firm to AMP - clearing the path to a merged business with a formidable 3,000-plus adviser network and ranked third largest in platform market share. AXA APH said in ...

No pension for corrupt Bell staff

RUTH LIEW  |  MONDAY, 15 NOV 2010
The largest pension fund in the US, CalPERS, will not pay the pensions of certain City of Bell staff following investigations into salary corruption among some of the city's top officials. The California Public Employees' Retirement System said it would ...