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Showing 11521 - 11530 of 19601 results for "RIS"

Less than 1% of AusSuper members seek advice

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Less than 1% of AustralianSuper and REST members are receiving advice, despite the introduction of measures to improve access to advice as part of the Stronger Super reforms. Under MySuper 'intra-fund advice' regulations, funds can collectively charge ...

Platinum reports stellar result

MARK SMITH  |  THURSDAY, 15 AUG 2013
Listed investment company Platinum Capital saw its pre-tax net asset value (NAV) grow by 42.3% in the 12 months to 30 June 2013 while the Morgan Stanley Capital Index was up 30.5% over the same period. Total shareholder return measured in terms of company ...

AMP profits up 5.4% despite insurance disappointment

MARK SMITH  |  THURSDAY, 15 AUG 2013
AMP Limited's half-year profits are up 5.4% to $393 million following strong performance from its wealth management and investment businesses. The disappointing performance of the financial services company's insurance business was the only black mark ...

Aussie shares best in a generation

MARK SMITH  |  THURSDAY, 15 AUG 2013
Australian shares have outstripped all other major asset classes over the last 30 years, according to research by Vanguard. The passive investment specialist has illustrated the importance of remaining exposed to the market over the long-term with 30-year ...

BOQ to fork out $46 million over interest rate botch

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Bank of Queensland (BOQ) will refund $34.5 million to members after an internal review found it had applied incorrect interest rates and fees. BOQ said it will also incur additional remediation costs of $11.5 million, bringing the total loss to about ...

Out of the woods and into?

BENJAMIN ONG  |  THURSDAY, 15 AUG 2013

Market Wrap AM

AAP  |  THURSDAY, 15 AUG 2013
The Australian market looks set to open lower following mixed performances on international bourses as Europe looks to be emerging from recession. At 0800 AEST on Thursday, the September share price index futures contract was down 11 points at 5,109. ...

Super fund fortunes shift on FX exposure

JAMES FERNYHOUGH  |  WEDNESDAY, 14 AUG 2013
Unhedged foreign currency exposure may be the way to go for super funds after a fall in the Australian dollar contributed 8.8% to unhedged portfolios in the last financial year. This bucks the trend of recent years. According to the NAB Superannuation ...

Market Wrap

AAP  |  WEDNESDAY, 14 AUG 2013
The Australian share market has opened fractionally higher, boosted by the big miners. IG Markets market strategist Evan Lucas said the big miners - BHP Billiton, Rio Tinto and Fortescue Metals - were forging ahead on the back of stronger iron ore prices ...

Twitter usage on the rise

ALEX DUNNIN  |  WEDNESDAY, 14 AUG 2013
Social media is now used by 72% of online adults in the US and Twitter usage has almost doubled, with usage among young people growing the fastest. The results are part of the latest research to come out of US Pew Research Center's Internet and American ...