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Showing 8791 - 8800 of 19598 results for "RIS"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Lower pay offset by persistent bonuses

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
Average fixed pay for chief executives in ASX100 companies has fallen by 3.3% to $1.86 million, its lowest level in almost a decade. The fall was even larger across the entire ASX200, dropping by 4.6%, with CEOs taking home an average $1.51 million ...

Inflows and performance boost Australian Ethical profits

MARK SMITH  |  WEDNESDAY, 31 AUG 2016
Australian Ethical has extended its run of strong financial performance, raising net after tax profits 53% to $3 million in the 12 months to 30 June. The rise in profits was driven by net inflows of $319 million, up 78% on last year. Group funds under ...

Capital not enough to prevent failures

KERRIE SYDEE  |  WEDNESDAY, 31 AUG 2016
A lone reliance on capital is an "unwise strategy", according to APRA chair Wayne Byres who said the industry must accept and prepare for failures in the banking industry. Speaking at the Actuaries Institute Banking Conference Byres noted that while ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

ACBC launches additional XTB model portfolios

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
Exchange traded bond provider Australian Corporate Bond Company (ACBC) has launched two additional model portfolios. The new Concentrated High-Yield Model Portfolio continues the philosophy of the High Yield Model Portfolio which was launched last month ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer. In July Standard and Poor's Global Ratings (S&P) revised the ...

Sequoia launches two specialist retail products

ALEX BURKE  |  TUESDAY, 30 AUG 2016
Sequoia Financial Group has launched two new structured products for retail investors. The first, Sequoia Accelerated Return Units - Series 1 gives exposure to Tesla Motors, the US electric car and energy storage company; the second, Sequoia Launch ...

Digital advice an economic problem

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
An industry consultant believes superannuation funds banking on superior technology solutions or digital advice programs to deliver a competitive advantage should rethink their strategy. Adviser Network chief executive Duncan McPherson said super funds ...

MLC appoints product manager from AMP

ALEX BURKE  |  TUESDAY, 30 AUG 2016
MLC has appointed a new strategic product manager. Megan Clements joins MLC from AMP, where she was a client relationship manager. Prior to that, she held multiple roles at AXA, including business development manager - group insurance, client relationship ...