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Showing 8091 - 8100 of 20556 results for "BEN"

BKI makes $4.2m acquisition

ALEX BURKE  |  TUESDAY, 11 OCT 2016
BKI Investment Company is acquiring an unlisted investment company for $4.2 million. In an ASX statement, BKI's board said the acquisition will "benefit existing BKI shareholders by increasing the size of BKI's portfolio in a cost-effective manner." ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
An independent committee will have the ability to sanction insurers who do not comply with a new set of standards laid out in an industry-wide Life Insurance Code of Practice produced by the Financial Services Council (FSC). The new code, released today ...

Lonsec offloads broking business

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
Lonsec has sold its stockbroking business to a locally owned financial services clearing firm. FinClear, a provider of wholesale market access and outsourcing solutions, has acquired the broking arm which will continue to provide clients with exclusive ...

EAM Investors wins first Australian mandate

MARK SMITH  |  TUESDAY, 11 OCT 2016
Pacific Current Group's specialist global small and micro-cap boutique manager, EAM Investors, has won its first Australian institutional mandate. IOOF Investments has added the fund manager's Emerging Markets Small Cap Strategy to its IOOF MultiMix ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 11 OCT 2016
Germany trade balance Germany's trade surplus expanded by 2.6% to €20.0 billion in August - in line with market expectations - from July's €19.5 billion surplus as exports grew by much more than imports over the month, 5.4% versus 3.0%. Germany's ...

AIST wants higher concessional cap for older workers

DARREN SNYDER  |  MONDAY, 10 OCT 2016
The Australian Institute of Superannuation Trustees is urging the federal government to retain the $35,000 concessional cap for older workers. As the AIST finalises its submission to the second tranche of superannuation reforms it argues the existing ...

Former AustralianSuper chair joins ME board

MARK SMITH  |  MONDAY, 10 OCT 2016
Industry fund-owned bank ME has appointed a former AustralianSuper chair as a non-executive director. Elana Rubin joined the ME board on 4 October. She has more than 20 years' experience as a non-executive director on private, government and not-for-profit ...

AFA award shines spotlight on women in financial advice

MICHELLE BALTAZAR  |  MONDAY, 10 OCT 2016
Peita Diamantidis of Caboodle Financial Services has received this year's AFA Female Excellence in Advice Award for championing the benefits of financial advice for women in the profession and in the broader community. Diamantidis accepted her award ...

Industry bodies united on group insurance

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
On the eve of the Financial Services Council publishing its Life Insurance Code of Practice, industry bodies have collectively reinforced their beliefs on the purpose of group insurance in superannuation. The Association of Superannuation Funds of Australia ...

Cities over countries for TH Real Estate

JAMIE WILLIAMSON  |  MONDAY, 10 OCT 2016
Understanding local, long-term structural trends is key to preserving investment value and unlocking performance growth in cities throughout the US, Europe and Asia-Pacific, according to TH Real Estate. The firm's head of global research Alice Breheny ...