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Showing 851 - 860 of 4335 results for "SLI"

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
Commonwealth Bank confirmed in its annual results presentation that third parties are discussing an acquisition of the bank's life insurance business. Describing CommInsure as a "strong business with scale, expertise, competitive products and access ...

IOOF grows against the grain

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2017
IOOF credited the onboarding of about 50 advisers last financial year as a driving force behind its 131% increase in advice net flows. In what IOOF described as "counter to industry trend", its growing adviser numbers - including the 33 that joined ...

CBA blames reporting failure on software error

EMMA RAPAPORT  |  MONDAY, 7 AUG 2017
The Commonwealth Bank says its failure to notify AUSTRAC of more than 53,000 large cash deposits in its intelligent deposit machines was caused by a software error which was not discovered for more than two years. In a public statement CBA outlined ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
AustralianSuper chief executive Ian Silk has flagged expanding the fund's internal investment team to manage more than half of its rapidly growing asset base. Australia's largest superannuation fund has previously said it is aiming to manage between ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
In his interview with 'The Independent' earlier this month, the Bank of England's (BOE) MPC external member Gertjan Vlieghe cautioned: "This is an environment where a premature hike would be a bigger mistake than one that turns out to be slightly late." ...

Flashes: activity expansion and moderating inflation

BENJAMIN ONG  |  TUESDAY, 25 JUL 2017
While there's a few ups and downs, Markit Economics' fresh batch of flash PMI estimates hasn't altered from the prevailing dynamics in the world's biggest economies of continued expansion in manufacturing and service sector activity and low or easing ...

Super system needs work on environmental and governance factors

DARREN SNYDER  |  FRIDAY, 21 JUL 2017
Australia should be justifiably proud of its robust $2.3 trillion retirement system, but there's also serious room for improvement, according to a global asset manager. Natixis Global Asset Management's 2017 Global Retirement Index ranks Australia sixth ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
Although not completely gangbusters, the latest Australian labour market update provided another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
It seemed so long ago now that a "bag the Aussie dollar" campaign was what we read in financial media. The Australian dollar was trading at about US$0.75 then, it closed at US$0.7832 on 14 July and is currently trading at US$0.78. It's exactly two months ...