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| | | An 8% rise in quarterly cash earnings saw National Australia Bank (NAB) post cash profit to $1.5 billion for the December quarter. Total cash earnings for the period stood at $1.7 billion owing to increased margins and a halving of bad debts. "Our performance ... |
| | | | Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA). Non-investment linked businesses contributed $2.3 billion ... |
| | | | The Japanese economy shrinks, the Japanese sharemarket sings hallelujah! If this still doesn't capture the "bad news is good news" meme, we might never, never know what will. The Nikkei-225 index soared by 7.2% at the end of yesterday's trade. It even ... |
| | | | The Actuaries Institute has called for the government to quickly implement policy proposals that will encourage innovation in retirement income stream products in its pre-Budget submission. The institute restated the proposals it made to the Financial ... |
| | | | A fifth of those with a household income of $200,000 are living pay-cheque to pay-cheque and having $1 million does not make you rich. Those were two of the many striking perceptions to come out of a new survey from MLC aimed at providing advisers and ... |
| | | | Perhaps they're right. Yes, them, the experts who see the current global economic and financial backdrop shaping up to be a repeat of 2008. Early in the New Year George Soros made headlines with the CNBC headline: "Soros: It's the 2008 crisis all over ... |
| | | | The J.P. Morgan Global Research Enhanced Index Equity Fund has been awarded a 'Highly Recommended' rating by Lonsec in its first year. In its assessment, Lonsec acknowledged the strength of J.P. Morgan Asset Management's highly regarded research team ... |
| | | | Post retirement products, member engagement and digital strategy remain top of superannuation funds' three-year strategic plans but new concerns are also being brought to the boardroom, according to a joint survey of fund chief executives by ASFA and ... |
| | | | Growth in the US economy will remain stable at 2% due to resilient consumption and parity between labour costs and productivity, according to Principal Global Investors chief global economist Bob Baur. Speaking at the 2016 Financial Standard Chief Economists ... |
| | | | Borrowers rejoice! Imagine how good it would be to have banks and other lending institutions pay you, I and Irene to take their money for whatever purpose we want to use them for - a facelift, a tummy tuck, education, holidays, a new car, another mortgage ... |
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