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Showing 911 - 920 of 1110 results for "Parent"

FPSA moves operations to Melbourne

MICHAEL HOBBS  |  MONDAY, 1 DEC 2008
... compliance division which are already housed in the Collins Street office. FPSA will take over part of floor occupied by its parent company, netwealth Investments, which will allow the dealer group to use the platform provider's IT infrastructure, web ...

Choice members up 25pc

MICHELLE BALTAZAR  |  FRIDAY, 28 NOV 2008
... choice-of-fund members of between three and four per cent each year," said Peter Philip, chief executive of InvestmentLink, the parent company of SuperChoice. The number will continue to rise as job cuts and people switching jobs also rise in the aftermath ...

Good news at last for AIG

MICHAEL HOBBS  |  THURSDAY, 13 NOV 2008
... to ease financial advisors' concerns over the health of the life insurer, reiterating the separate relationship with its parent company. Harrison said the firm posted all time record production figures in September, with $27.6 million in first year premiums ...

S&P ramps up research division

MICHAEL HOBBS  |  FRIDAY, 7 NOV 2008
Standard & Poor's is pulling out all the stops to cope with institutional demand, hiring five analysts to its local research division and creating an "out of cycle" ratings team to review new products. The ratings firm hired former Westpac Private Bank ...

Mortgage trusts face crisis of confidence

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 24 OCT 2008
... they are not going to change their redemption rules. The spokesman said that the fund can tap into the liquidity of its parent bank to meet all withdrawals. Similarly, NAB-owned MLC also announced all its investment funds will operate as normal and there ...

WealthBuilder targets generational clients

RUTH LIEW  |  THURSDAY, 23 OCT 2008
IOOF has created WealthBuilder - a multigenerational investment bond targeted towards investors focussed on estate planning and medium to long term savings. According to Renato Mota, general manager investor solutions at IOOF, estate planning provides ...

MLC FUM falls, profits flat

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
... almost 20 per cent to $32 million due to positive growth across its group insurance and protected loans businesses. MLC's parent company, NAB saw its net profit fall 0.9 per cent to $4.5 billion and its cash earnings drop 10.7 per cent to $3.9 billion ...

Aviva grants free child life insurance

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
More than 58,000 existing Aviva customers are set to benefit from its decision to provide free automatic life insurance for children who experience a defined critical illness. The Child Income Benefit and Child Support Benefit are available under parents' ...

Neuberger Berman pledges money guarantee

RUTH LIEW  |  THURSDAY, 9 OCT 2008
... whether a money market fund making a claim has complied with the conditions. Neuberger Berman along with a huge slice of the parent company's asset management business was recently sold for $2.7 billion to private equity giants Bain Capital Partners ...

PE firms gobble Lehman Bros AM

RUTH LIEW  |  WEDNESDAY, 1 OCT 2008
Neuberger Berman, a subsidiary of the now defunct Lehman Brothers, along with a huge slice of the parent company's asset management business has been sold for $2.7 billion to private equity giants Bain Capital Partners and Hellman & Friedman. The transaction ...