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Showing 12191 - 12200 of 20558 results for "BEN"

Wilson board to reject Mariner offer

BEN COLLINS  |  THURSDAY, 1 NOV 2012
Wilson HTM's board of directors intends to advise shareholders to reject Mariner Corporation's offer for shares in the company. In a letter to shareholders, Wilson HTM managing director Andrew Coppin said that the board would be rejecting Mariners "Conditional ...

AustSafe Super to merge with retirement fund

LINDA HAUSKEN  |  THURSDAY, 1 NOV 2012
The rural and regional industry super fund, AustSafe Super, has outlined plans to merge with the Canegrowers Retirement Fund (CRF) early next year. Upon completion of the merger, which is scheduled for 1 March 2013, AustSafe Super will retain its name ...

Market Wrap

AAP  |  THURSDAY, 1 NOV 2012
The Australian share market has opened lower as investors consider the impact of the massive storm in the United States on the world economy. At 1036 AEDT on Thursday, the benchmark S&P/ASX200 index was down 33.4 points, or 0.74 per cent, at 4,483.6 ...

Uncertainty goes uncertainty comes

BENJAMIN ONG  |  THURSDAY, 1 NOV 2012
"The uncertainty is the worst"... I saw this story on theage.com.au website that quoted a certain Jessica Levitt - a resident of one of the Sandy-affected cities in the States - conveying her feelings in the aftermath of Hurricane Sandy - reportedly ...

AFA: new lost super reforms a cash cow

LINDA HAUSKEN  |  THURSDAY, 1 NOV 2012
Following the government's recent decision to ease the harsh impact of fees on funds left in forgotten super accounts, the AFA has raised concerns over possible lost benefits during the implementation process as well as dubbing the new measure a "cash ...

Advisers failing to engage disillusioned consumers

MARK SMITH  |  THURSDAY, 1 NOV 2012
The advisory community is falling short of its need to engage the hordes of consumers disillusioned by subdued sentiment and negative press, a panel of industry experts has said. Speaking at the annual AFA National Conference on the Gold Coast last ...

Market wrap early AM

AAP  |  THURSDAY, 1 NOV 2012
The Australian market looks set to open flat after European equities fell despite a raft of largely positive company results, with trading volumes boosted by the resumption of activity in storm-struck New York. At 0630 AEDT on Thursday, the December ...

UBS to cut up to 10 000 jobs

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
Swiss bank UBS AG could cut as many as 10 000 jobs after announcing a $AUD 2.25 billion net profit loss on Tuesday. As part of a cost-cutting following the result, Switzerland's biggest bank said that it "is likely to have a headcount of around 54 000" ...

Strong growth from Australian fund managers

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
Australian fund managers have once again grown strongly, according to research from Towers Watson. There are now 23 Australian managers in the Pensions & Investments/Towers Watson World 500, five more than last year. These managers have an aggregate ...

Investor confidence hits 14 year low

BEN COLLINS  |  WEDNESDAY, 31 OCT 2012
State Street's global Investor Confidence Index (ICI) has posted its biggest drop in 14 years. Global investor confidence on the index fell from a revised reading in September of 87.3, to 80.6. The plummet in global confidence stemmed from a steep drop ...