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Showing 1081 - 1090 of 1325 results for "Stage 2"

Knee-jerk reaction to late action

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2010
Here we go again! The rough and tumble of Wall Street on display as investors knee-jerkingly reacts to what is -- in the words of Donald Rumsfeld - a "known known." The problem that just won't go away; like an irritating fly in the midst of an Australian ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
The government's proposed reforms to change the way planners charge for advice will spur the industry's long-term growth, but at the cost of serious headaches and profits during the adjustment period. The minister for financial services, superannuation ...

Cooper Review unveils MySuper, officially

MICHELLE BALTAZAR  |  TUESDAY, 20 APR 2010
The public could soon have access to a new superannuation product called 'MySuper', which is free from trailing commissions, charges no contribution fees and is much easier to understand, under proposals outlined by the Cooper Review today. The preliminary ...

North gets very strong rating from S&P

COMPANY RELEASE  |  TUESDAY, 20 APR 2010
AXA's North product has received a "very strong" rating from research house S&P Fund Services. According to a press statement, the rating reflects a product well designed for the needs of the target investor and a superior capital-protection structure ...

ASSET Super appoints LGT Capital

MICHAEL HOBBS  |  WEDNESDAY, 3 MAR 2010
ASSET Super has committed $50 million to invest with secondary market private equity investment firm, LGT Capital. The super fund has invested $12 million in the private equity investment firm's Crown Global Secondaries II product at the end of January ...

Fund managers to tap gov't capital

COMPANY RELEASE  |  MONDAY, 1 MAR 2010
Fund managers around the country are invited to submit applications under the latest round of the Government's venture capital support program, the Innovation Investment Fund (IIF). Opening the latest application round last Friday, innovation minister ...

Aviva key personnel disbanded after NAB buy

MICHELLE BALTAZAR  |  MONDAY, 1 FEB 2010
More than six months on since NAB bought Aviva Australia's Navigator platform and insurance business, at least three key Aviva personnel have left or about to leave, while five have assumed new roles within NAB's businesses. Allan Griffiths, chief executive ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 27 JAN 2010
The Australian share market was about 1.5 per cent lower at noon, hit by concerns of a local rate rise, lower than expected sales by Woolworths and delays to a major mining joint venture. A decline in US stocks overnight also dented investor confidence ...

Standard Life fined $4m for bad marketing

COMPANY RELEASE  |  MONDAY, 25 JAN 2010
The UK financial services regulator has fined Standard Life Assurance more than $4 million for releasing misleading marketing information that resulted in approximately 98,000 people believing they were invested in pure cash assets. The Financial Services ...

ETFs delve deeper into China

COMPANY RELEASE  |  MONDAY, 30 NOV 2009
Australian financial planners may soon be able to diversify their exposure to emerging markets after iShares launched its China A Share exchange traded funds (ETF). The five ETFs started trading in Hong Kong last week and are not yet available to Australian ...