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Showing 8691 - 8700 of 10589 results for "BEI"

Net tightens on executive pay

RUTH LIEW  |  FRIDAY, 29 MAY 2009
Goodbye golden parachutes - APRA has released a consultation package encouraging financial services firms to set up stricter guidelines when deciding executive remuneration. The Australian Prudential Regulation Authority is recommending its regulated ...

Bonnie and Clyde team caught for fraud

RUTH LIEW  |  THURSDAY, 28 MAY 2009
A couple from Victoria has admitted to committing SMSF fraud - with the husband pleading guilty to 12 charges including theft and conducting business without a financial services licence following an ASIC investigation. Shaun White of Montmorency, Victoria ...

CAAM eyes credit and currency

MICHAEL HOBBS  |  WEDNESDAY, 27 MAY 2009
Credit Agricole Asset Management (CAAM) is shifting the firm's global fixed income strategy's emphasis from specific country exposure to a sector based strategy that targets credit securities and currency plays. CAAM Global Bond fund's recently released ...

Legg Mason shuts down defensive trust

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
Legg Mason has closed its wholesale defensive trust, citing its FUM of less than $10 million made it impractical to continue offering the product. According to a May update of the fund, which has $9.5 million in funds under management, the fund manager ...

Raise SG to 15 pc: report

MICHAEL HOBBS  |  TUESDAY, 26 MAY 2009
A survey found that seven out of 10 working Australians believe that their Superannuation Guarantee (SG) contributions should be raised to 15 per cent, lending support to industry associations that have long lobbied for higher SG. Mercer's SG Opinion ...

NAB Super introduces binding death benefits

RUTH LIEW  |  TUESDAY, 26 MAY 2009
Members of the $3.1 billion corporate fund NAB Group Superannuation Fund can now apply for binding death benefit nominations. The fund, which said in March that it was considering introducing the benefit, are now allowing members to provide the fund ...

Unions attack retirement age change

ALEX DUNNIN  |  MONDAY, 25 MAY 2009
Just as leading Unions have stepped up their battle against lifting the retirement age, the government has been forced to dismiss their claims for special rules for manual workers labelling them unfair. The Australian newspaper today reported that the ...

Solaris signs UN PRI

MICHAEL HOBBS  |  MONDAY, 25 MAY 2009
Solaris Investment Management has become the latest Australian fund manager to sign the United Nations Principles for Responsible Investment (UN PRI). Denis Donohue, managing director at Solaris Investment Management, said the firm already integrated ...

Nooo Commission strips trailing fees off home loans

MICHELLE BALTAZAR  |  FRIDAY, 22 MAY 2009
New home buyers could save as much as $50,000 in home loan costs under a new product by NSW-based Nooo Commission Group, which yesterday launched a "flat fee" home loan - stripping away upfront commissions and trailing fees typically embedded in traditional ...

Cbus CEO competes for UN PRI seat

MICHAEL HOBBS  |  THURSDAY, 21 MAY 2009
AustralianSuper has nominated Cbus chief executive David Atkin to sit on the United Nations Principles for Responsible Investment (UN PRI) board. Atkin replaced Sandy Grant as chief executive at Cbus in November 2007. Prior to that position, Atkin worked ...