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Showing 8211 - 8220 of 20558 results for "BEN"

UK corporate pension deficit swells

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The combined pension deficit of the UK's 350 largest listed companies widened £50 billion ($87 billion) in August, the increase on record. According to data from Mercer, the accounting deficit of defined benefit pension schemes for FTSE 350 companies ...

Top pension funds slide for first time since GFC

ALEX BURKE  |  TUESDAY, 6 SEP 2016
Total assets of the 300 largest pension funds worldwide fell for the first time since the beginning of the global financial crisis, according to Willis Towers Watson research. The P&I/Willis Towers Watson global 300 report shows that in 2015, total ...

Act now to ensure super sustainability: Cooper

MARK SMITH  |  TUESDAY, 6 SEP 2016
BT Financial Group chief executive Brad Cooper has called on the government to raise the super guarantee to 12% and limit reviews of superannuation policy to once every five years. In a speech at a Trans-Tasman Business Circle event in Sydney's Barangaroo ...

Mason Stevens delivers new SMA offering

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
Mason Stevens has introduced a retail Australian fixed income separately managed account. The Mason Stevens Fixed Income SMA, which requires a minimum investment of $100,000, was developed in response to increased demand from advisers for direct access ...

Macquarie sells down stake in Atlas Roads

ALEX BURKE  |  MONDAY, 5 SEP 2016
... receipts and warranties and managing saving and spending goals. Macquarie banking and financial services head of personal banking Ben Perham said: "We had the opportunity to build our digital environment from the ground up, so we looked beyond financial ...

Energy Super selects group insurer

MARK SMITH  |  MONDAY, 5 SEP 2016
$5.9 billion industry fund Energy Super has chosen who will provide its group salary continuance insurance. Effective from 5 September, MLC Life Insurance has won the contract in what the life company has described as "a significant announcement for ...

IQ Group expands Australian presence

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
Superannuation and wealth management consultant, IQ Group, has appointed two new hires to the newly created role of managing principal. Regina Ugarte and Stuart Conboy have stepped into the new role which will match service opportunities creation to ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
Rate hike on, rate hike off. Financial markets raised their bets for a September fed funds rate lift soon after US Federal Reserve Chair Janet Yellen's two-day outing at Jackson Hole (25-26 August). Her words, "Indeed, in light of the continued solid ...

Voya names new chief executive

MARK SMITH  |  FRIDAY, 2 SEP 2016
Voya Investment Management has promoted its chief investment officer of fixed income to the role of chief executive. Christine Hurtsellers, who has been fixed income CIO since 2009, officially took over the reins on 1 September, reporting to Voya Financial's ...

Internal restructuring hits EQT profits

ALEX BURKE  |  FRIDAY, 2 SEP 2016
Internal restructuring and exiting from non-core activities has dragged Equity Trustees' profits in FY16, even if the company managed to boost its funds under management by 16% to $65 billion. Net profit after tax fell 21.6% to $13.3 million and revenue ...