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Showing 8621 - 8630 of 15804 results for "TER"

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
The Reserve Bank's two-pronged monetary easing measures look to have come to an end but our central bankers will remain watchful of the currency, according to Goldman Sachs Asset Management executive director and global fixed income portfolio manager ...

NZ Super eyes glass to smash returns

DARREN SNYDER  |  FRIDAY, 14 AUG 2015
The New Zealand Superannuation Fund will have a place on the board of a US-based tinted glass manufacturer after purchasing a stake in the business for US$75 million. NZ Super Fund's head of international direct investment, Nigel Gormly, will take a ...

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
Commonwealth Bank chief executive Ian Narev said it had been a difficult year for life insurance income and more work needs to be done to make its product attractive. Yesterday the bank announced a $9.1 billion cash profit for the past financial year ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ...

Centrepoint in talks to build ex-insto advice network

ALEX BURKE  |  TUESDAY, 11 AUG 2015
More advice practices are looking to depart institutionally-aligned dealer groups and join independent licensees, according to Centrepoint Alliance. As Centrepoint managing director John de Zwart put it in a statement, "The days of adviser practices ...

Retail responsible investment up 24pct

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
The notion that Australians are disengaged from their superannuation has started its terminal decline according to Responsible Investment Association Australasia (RIAA) chief executive Simon O'Connor. O'Connor made the comment as the annual RIAA Responsible ...

State Street boosts managed fund sales team

MARK SMITH  |  TUESDAY, 11 AUG 2015
State Street Global Advisors (SSGA) has grown its managed fund sales team in Sydney with the appointment of two experienced sales managers. Syvanna Croyden and Amanda Conner will be responsible for in-field sales, reporting to head of managed fund sales ...

Retail funds get behind campaign to lower fees

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Retail superannuation funds have entered industry fund territory and admitted that high super fees need to be lowered. The Financial Services Council (FSC), which represents the retail side of the superannuation industry, has stated that "superannuation ...

Divestment could reach $50bn in five years

ALEX DUNNIN  |  TUESDAY, 11 AUG 2015
Divestment out of companies that are heavily involved in carbon intensive activities could reach $50 billion over the next five years. Fiona Reynolds, managing director of the global investor group, Principles for Responsible Investing (PRI), stated ...

Scrapping dividend imputation costly for retirees

DARREN SNYDER  |  TUESDAY, 11 AUG 2015
Removing or changing dividend imputation might be a revenue fix for the federal government but it will have long-term effects on Australians' retirement savings. This is the belief held by Association of Superannuation Funds of Australia chief executive ...