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| | | ... even through their share has declined marginally in recent years from 56% in 2009 to 54% in 2011. The slow reduction in the bank channel footprint reinforces expectations that independent financial adviser channels will rise in importance, noted the ... |
| | | | SFG Australia has appointed Naseema Sparks to its board as an independent, non-executive director. Tony McDonald has also resigned from his position as an executive director of the Company. Sparks currently holds a number of non-executive directorships ... |
| | | | ... AEDT on Wednesday, the June share price index futures contract was down 21 points at 4,307. In economic news, the Reserve Bank of Australia will release its review of financial stability in the Australian economy. On Tuesday, the share market closed ... |
| | | | ... by strong leads in offshore markets, with Wall Street's major indices rallying after Dr Bernanke signalled the US central bank is not willing to exit its easy monetary policy until its scheduled end date in late 2014. In a speech on labour market issues ... |
| | | | Cayman Islands is extending the deadline for hedge fund operators to register their master funds, showing how delicate the balance is between improving financial regulation in the country, while not driving away hedge fund operators. The reforms follow ... |
| | | | ... China Eastern Airlines to create Jetstar Hong Kong in 2013. Qantas shares were up five cents, or 2.9 per cent, at $1.78. Bank of Queensland (BOQ) said it would post a $91 million loss for the six months to the end of February because weak economic conditions ... |
| | | | ... was an emergence of anti-consolidation planning practices, run by principles that were not interested in consolidating with bank-aligned brands. "All the major players are in same boat, we have built our business on the open market and that market is ... |
| | | | ... banks opened with smaller losses, with Westpac retreating by three cents, or 0.14 per cent, to $21.26. National Australia Bank had dropped six cents to $24.33, Commonwealth was 18 cents worse at $48.84 and ANZ three cents weaker at $22.62. Gold major ... |
| | | | ... national accounts. In her new role, Sarah-Le Lacheur will manage the insurer's relationship with CBA's advice businesses and the bank itself. She will also be responsible for CommInsure's national dealer group portfolio. Sarah-Le Lacheur has been with ... |
| | | | ... worst is over in the eurozone debt crisis, but risks remain and it is up to governments to resolve them, European Central Bank chief Mario Draghi says in a newspaper interview. LISBON - Public services across Portugal ground to a halt as unions staged ... |
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