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Showing 9051 - 9060 of 15804 results for "TER"

Macquarie executive tops industry salary survey

MARK SMITH  |  WEDNESDAY, 10 DEC 2014
Macquarie Group chief executive Nicholas Moore has topped the list of highest paid listed financial services company executive. According to figures compiled by the Australian Financial Review, Moore received a total of $13.1 million in 2014, up 48% ...

MTAA Super awards $200m global credit mandate

STAFF WRITER  |  WEDNESDAY, 10 DEC 2014
Industry fund MTAA Super has appointed AllianceBernstein to manage a $200 million global credit mandate. The AllianceBernstein Global Credit strategy is an actively managed global bond strategy with a research-driven investment approach. The service ...

Life company profits flat

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
Revenue and profits for the 12 months to June 2014 have remained flat for life insurance companies, according to the latest statistics released by the Australian Prudential Regulation Authority (APRA). While most of the figures released in the latest ...

Bad tidings for Christmas

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2014
"'Tis the season to be jolly, fa-la-la-la-la...", "silent night, holy night, all is calm, all is bright..." Bah, humbug! The negative news flow and speculations over the past 24 hours would, like ol' Ebenezer Scrooge, make you, I and Irene hate Christmas. ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 DEC 2014
The Australian market looks set to open lower following Wall Street down as global stocks fall on concern over growth in China and potential political fallout in Greece. At 0857 AEST on Wednesday, the December share price index futures contract was ...

MetLife US proactive lobbying lesson for Aust

ALEX DUNNIN  |  TUESDAY, 9 DEC 2014
Australian financial institutions looking for ways to creatively counter regulatory overreach should look to MetLife in the US that has set up a website called The Regulation Resource Centre to enlist the help of stakeholders and facilitate positive ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
The SMSF Professionals Association of Australia (SPAA) has rejected the Financial System Inquiry's (FSI) recommendation that the government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation ...

Industry funds reject majority independent directors

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
David Murray's recommendation that super fund boards comprise a majority of directors has met with mixed responses from the industry, with the retail side welcoming it but the not-for-profit side broadly rejecting it. Media reports, meanwhile, have ...

Global shares tipped amid slow local growth

JAMES FERNYHOUGH  |  MONDAY, 8 DEC 2014
Investors in the Australian share market can expect sluggish growth at best in 2015, as the fall in commodity prices flows on to the wider Australian economy. Plummeting oil prices and the resulting sudden fall in the domestic share market in early ...

Inquiry asks for greater simple bond red tape reduction

MARK SMITH  |  MONDAY, 8 DEC 2014
The cost of issuing corporate bonds for the retail market should be reduced further by amending the simple bond legislation to make disclosure less complicated, the Inquiry into the financial system has said in its final report. In one of its 44 recommendations ...