12/04/2020

IML backs Telstra

To avoid losing market share, Telstra lowered prices, simplified mobile plans and cut costs to offset loss of earnings.

12/04/2020

Aware Super completes WA Super merger

Stewart said the merger would increase hours of service and support following the integration of the WA Super service centre into Aware Super's telephone-based member service centre.

12/04/2020

IOOF abandons AET sale

IOOF retained the corporate trust business, which provides private client trustee services, estate planning and compensation trusts.

12/04/2020

Nomura Quarterly Update

Our analysts forecast a y-y decline in aggregate FY20 dividends for the constituents of the Russell/Nomura Large Cap Index, reflecting the difficulty of business conditions under the pandemic.

12/02/2020

Singlife Completes Aviva Merger

With the deal valued at S$3.2 billion ($2.4 billion), the newly merged business will become one of the largest insurers in southeast Asia with a focus on mobile savings and protection solutions.

12/01/2020

Bank capital to fall in 2 years: Moody’s

Emerging Asia could witness a moderate decline in bank capital, but India is expected to post a larger fall without capital infusion, the ratings agency said

12/01/2020

Mercer restructures fees, asset allocation

The majority of members will see reductions in investment fees and there will be more consistency in the fee structures across employment and retirement, Mercer said.

12/01/2020

IOOF ups costs for self-employed advisers

"We have already opened up conversations with our advisers. There is a recognition that they will be paying more for the services that they traditionally get from us."

12/01/2020

QSuper bets on new retirement product

The Retirement Income Review found that a large gap exists in providing members advice and assistance in making better informed decisions in retirement phase.

12/01/2020

EMs to outperform 2021: Fund managers

Half of global fund managers believe emerging markets will outperform in 2021 as the sector has picked up tailwinds for expectations that next year will see more travel due to the deployment of vaccines.

12/01/2020

Noah’s income up 50% in Q3

Sales of mutual funds during the third quarter reached RMB 14.05bn, up by 18.6% from the second quarter.