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Showing 8391 - 8400 of 20558 results for "BEN"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG performance of construction index The Australian Industry Group's (AiG) performance of construction index jumped to 53.20 in June from 46.7 in the previous month. The index's rise to a 10-momth high was driven by a rebound to expansion territory ...

CBA's wealth head moves to new EGM role

ALEX BURKE  |  WEDNESDAY, 6 JUL 2016
CBA has appointed a new executive general manager, Commonwealth Private. Marianne Perkovic was previously executive general manager advice, overseeing CBA's aligned advice businesses. She joined CBA in 2010 as general manager distribution for Colonial ...

Industry fund reduces insurance premiums

DARREN SNYDER  |  WEDNESDAY, 6 JUL 2016
An industry super fund dedicated to the electrical and communications industries is reducing its premiums for death and TPD insurance by about 15%. NESS Super said at a time when super fund insurance premiums are mostly rising, it is pleased to be bucking ...

Zenith awards Bennelong fund highest rating

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
The Bennelong Twenty20 Australian Equities Fund has been awarded a 'Highly Recommended' rating by Zenith. The fund which has only been in operation since December 2015 also has a 'Recommended' rating from Lonsec and is available on a number of platforms ...

Stockspot cuts robo-advice fees

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
Automated investment adviser and fund manager, Stockspot, has reduced fees for all clients and eliminated the annual advice fee for investment portfolios under $50,000. Stockpot founder and chief executive, Chris Brycki, said the decision to reduce ...

Longevity driving interest in risk pooled products

KERRIE SYDEE  |  WEDNESDAY, 6 JUL 2016
A combination of longer life expectancy and poor returns from volatile markets is driving more investors to reassess their retirement and life insurance products, according to Milliman. Milliman, a global provider of actuarial products and services ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
Total defined benefit (DB) super liabilities across Australia stood at $340 billion, according to APRA figures. But this amount is backed by only $158 billion in net assets - amounting to a deficit of $182 billion. The announcement by the Queensland ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

BNP launches ESG analytics tool

KERRIE SYDEE  |  TUESDAY, 5 JUL 2016
BNP Paribas has launched ESG Risk Analytics to enable clients to integrate environmental, social and corporate governance factors more easily into their investment decision making process. BNP's ESG Risk Analytics aims to provide a detailed breakdown ...

Telstra acquires Blue Sky fund assets

ALEX BURKE  |  TUESDAY, 5 JUL 2016
A Blue Sky Private Equity fund has sold its majority share of a business to Telstra. The business, Readify, was founded in 2002 and provides large Australian companies with custom software development, deployment and consulting services. Blue Sky provided ...