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Showing 10651 - 10660 of 10710 results for "May 2012"

FPA launches free advice 'hotline'-for one day only

The Financial Planning Association (FPA) is to set up free financial advice 'hotline' on May 28 in a bid to encourage consumers who haven't received advice from a financial planner before. "Callers will be able to speak to qualified financial planners ...

Unsecured Stockford creditors to get 50-100% returns

Unsecured creditors of the liquidated accounting and financial services group Stockford are set to receive between $0.50 and $1.00 for every dollar owed, the company's administrators has announced. "Substantially all of the businesses of the Stockford ...

"Watch out for fixed interest risks": ASIC warns investors

The Australian Securities and Investments Commission (ASIC) has warned investors to watch out for the different levels of risk attached to fixed interest investments. "The sharemarket downturn and uncertainty about property investments are generating ...

"You have every right to be disappointed": AMP's Willcox

AMP's chairman Peter Willcox has attempted to defuse shareholder anger at today's Annual General Meeting by accepting responsibility for past mistakes and defending the $2.6 billion in writedowns announced on May 1. "You have every right to be disappointed ...

Super investment in innovative strategies "questionable": APRA

The compulsory nature of superannuation savings makes it "questionable" whether these funds should be channelled into "cutting edge" financial investments that may involve a higher level of risk-such as hedge funds-the Australian and Prudential Regulation ...

Home loans sector driving major bank profits: PwC

The four major banks have delivered another round of record results this half, with combined underlying profits (cash earnings before significant items) up 6 per cent on the corresponding 2002 period, and 4.5% up on the previous half, according to analysis ...

AXA appoints Robertson as Financial Planning national manager

AXA has appointed Paul Robertson as national manager of AXA Financial Planning, it has announced. Robertson makes the switch from St George Bank, where he was head of IFA sales. "This is a key appointment for AXA and another important step forward in ...

St George's $250m subordinated notes issue oversubscribed

St George Bank has announced the pricing of a new $250 million subordinated notes issue that was oversubscribed at final allotment following "strong investor demand". The notes will have a 10-year tenure, maturing on May 20 2013. They will be callable ...

Morning market wrap: AMP remains in the spotlight

There will be a strong focus on AMP shares again this week ahead of what is likely to be a lively AGM on May 15. The stock rallied somewhat to finish at $5.28 on Friday and will have been buoyed by gains in the US and UK after the close of the Australian ...

Macquarie launches new geared property fund

Macquarie Direct Property has announced the launch of a new actively managed property fund that will use gearing levels of up to 50 per cent in a bid to take advantage of strong recent performance in the Listed Property Sector. "We aim to gear the investment ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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