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Showing 12161 - 12170 of 21795 results for "Dec"

ME Bank chair retires

ALEX BURKE  |  FRIDAY, 6 FEB 2015
ME Bank chair Bernie Fraser will step down after 15 years at the company, he announced yesterday. His decision is effective immediately and follows succession planning preparations; current ME Bank director Garry Weaven will replace him as chairman. ...

Push to end US Congressional pensions

ALEX DUNNIN  |  FRIDAY, 6 FEB 2015
Claims that US politicians are out of touch with ordinary Americans have led a group of conservative Republicans to sponsor a bill to end Congressional pensions and force politicians to save for their own retirement just like everyone else. The legislation ...

Zenith recommends Perpetual, Australian Property funds

LAURA MILLAN  |  FRIDAY, 6 FEB 2015
Zenith has given recommended ratings to the Perpetual Wholesale International Fund and to the AMP Capital Australian Property Fund (APF). The Perpetual Wholesale International Fund has retained Zenith's recommended rating following a change of the fund's ...

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
"US Stocks Climb as Oil Gains, Pfizer Rises on Hospira Purchase" This was Bloomberg's take on the whys and the wherefores for the S&P 500 index's 1.0% rebound overnight after slipping by 0.4% the day before that was prompted by a 9% plunge in oil prices ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

MDS Financial Group to purchase Sequoia Wealth Group

ALEX BURKE  |  THURSDAY, 5 FEB 2015
Back-office software provider and broker MDS Financial Group (MDS) has signed a non-binding term sheet to acquire specialist financial advice firm Sequoia Wealth Group (SWG), it announced today. This follows MDS's acquisition of SWG's minority shareholder ...

Future Fund smashes its performance target in 2014

ALEX DUNNIN  |  THURSDAY, 5 FEB 2015
The Future Fund significantly outperformed super funds in 2014 thanks to its heavier weighting to US dollar investments and alternative assets. According to the Future Fund's latest portfolio update, the Australian de facto sovereign wealth fund earned ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
And an easing here, an easing there, everywhere an easing... Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and decided to ooh, ahh, "have what they're having", and two days after I typed on this space "and ...

Market Wrap AM

AAP  |  THURSDAY, 5 FEB 2015
The Australian market looks set to open flat, following a weaker lead from Wall Street with US stocks fluctuating as oil prices again fall. At 0836 AEDT on Thursday, the March share price index futures contract was down 10 points at 5,716. In local ...

Suncorp tight-lipped on CEO departure

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Suncorp Group has refused to comment on speculation that its chief executive Patrick Snowball will retire from his role and that a successor will be appointed at the end of 2015. "As the Chairman has indicated, it is prudent that the Board has an active ...