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Showing 11571 - 11580 of 19601 results for "RIS"

FSC appoints new chairman

LAURA MILLAN  |  TUESDAY, 30 JUL 2013
The Financial Services Council (FSC) board has elected a new chairman who will take over the role on August 1. Schroders Australia chief executive Greg Cooper will replace Peter Maher, who is expected to retire as chairman of the FSC on July 31. "I ...

Fidelity joins Calastone's automated funds transaction network

MARK SMITH  |  TUESDAY, 30 JUL 2013
Fidelity Worldwide Investment has joined Calastone's global funds transaction network. The deal sees Calastone automate flows from participating platforms and custodians into Fidelity's Australian fund range. "Fidelity welcomes the automation of this ...

Balanced funds ill-suited for fixed income blow-up

MARK SMITH  |  TUESDAY, 30 JUL 2013
Typical balanced superannuation portfolios are ill-equipped to protect investors from the impending end of quantitative easing and the subsequent rise in global bond yields, according to Russell director of client strategies for Asia Pacific Scott Fletcher. ...

Market Wrap

AAP  |  FRIDAY, 26 JUL 2013
Resource companies are struggling as the Australian market opens flat. The big banks, however, are rallying as financial markets continue to expect an interest rate cut in August. RBS Morgans Ipswich manager Tony Russell said that after several days ...

AIST calls for accuracy on product dashboard

JAMES FERNYHOUGH  |  FRIDAY, 26 JUL 2013
The Australian Institute of Superannuation Trustees (AIST) is calling for higher standards of accuracy on investment return estimates for the MySuper online product dashboard. In a submission to the Australian Prudential Regulation Authority (APRA) ...

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...

Market Wrap AM

AAP  |  FRIDAY, 26 JUL 2013
The Australian market looks set to open flat despite Wall Street finishing higher with surging Facebook shares boosting sentiment. At 0754 AEST on Friday, the September share price index futures contract was down one point at 4,992. No major economic ...

Market Wrap

AAP  |  THURSDAY, 25 JUL 2013
The Australian share market has opened lower, with activity driven by company earnings statements. Invast Securities chief market analyst Peter Esho said the local market on Thursday was preparing for reporting season to get fully underway. It was a ...

EQT urges The Trust Company to avoid "fruitless" efforts

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
Equity Trustees (EQT) has urged The Trust Company board to give reassurance that it would consider recommending the EQT offer of acquisition to its shareholders in order to avoid "an unnecessary and fruitless exercise for all concerned." EQT complained ...

Macquarie expects 2014 profit rise after strong quarter

MARK SMITH  |  THURSDAY, 25 JUL 2013
The strong performances of Macquarie Group's wealth divisions have led the financial services company to confirm it expects to report a year-on-year rise in profits for 2014. In a first quarter update ahead of the group's annual general meeting, managing ...