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Showing 921 - 930 of 1555 results for Darren Snyder

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis. The lawsuit tops CalPERS' US$125 million ...

NAS appoints data partner

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
National Australia Bank Asset Servicing (NAS) has appointed Thomson Reuters as its preferred data partner to deliver market information, exchange-traded pricing and reference services. Through Thomson Reuters' DataScope Select and Eikon financial analysis ...

Western AM says credit to be positive in 2016

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
Western Asset Management believes 2016 will be a positive year for credit investors because it is a compelling investment in the current economic climate. The global fixed income manager's deputy chief investment officer, Michael Buchanan, said in a ...

Energy Super ramps aged care advice

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
The apparent and growing link between superannuation, retirement and aged care has led an industry fund to strengthen its financial advice arm for members' immediate benefit. Energy Super's financial advisers have all completed the Accredited Aged Care ...

Confused environment leads to Aussie stock volatility

DARREN SNYDER  |  THURSDAY, 10 MAR 2016
A confused global macroeconomic environment, combined with a dominant passive style of investment management, explains volatile Australian stock prices during the reporting season. This is the view of Avoca Investment Management portfolio manager John ...

ANZ searches for new chief economist

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
ANZ is searching for a new chief economist following the immediate resignation of Warren Hogan yesterday. In Hogan's place temporarily is Richard Yetsenga, who has been appointed as acting chief economist and will report to acting managing director ...

Advisers have assets test top of mind

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
Changes to the Age Pension assets test are top of mind for retirement-focused financial advisers according to the latest data from Challenger. Although test changes affecting Age Pension eligibility will come in to effect from 1 January 2017, Challenger's ...

Fraser Review compounds board independence impasse

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
If no government is brave enough to mandate one-third independent directors on superannuation boards then funds should at least be accountable to members for their hires via an industry-wide governance code. This view is a key theme from responses to ...

Senate to investigate life industry

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
A Senate inquiry originally set to scrutinise Australia's financial advice industry has again deepened its investigations by adopting calls to examine the country's life insurance sector. With support from all sides of politics, Senator John Williams ...

QSuper takes industry leap with retirement incomes

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
QSuper is leveraging its scale as one of the country's largest superannuation funds to offer accumulation members a bonus should they keep post-retirement savings at the $60 billion industry fund. As thousands of its members near retirement, Queensland's ...