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Showing 12221 - 12230 of 21795 results for "Dec"

Market wrap

AAP  |  FRIDAY, 16 JAN 2015
The Australian sharemarket is lower in the wake of a surprise move by the Swiss central bank to strengthen its currency. "We're all digesting the shock of the moves in the Swiss franc overnight - that's the talk of all the trading desks," CMC Markets ...

Super fund mergers could risk member attrition

LAURA MILLAN  |  FRIDAY, 16 JAN 2015
Most super fund members would not like their fund to go through any merger activity, according to the CoreData 2014 Member Growth Report. The report asked the question to 858 super fund members and 65.6% said they would not like their fund to merge ...

SNB dismantles defense

BENJAMIN ONG  |  FRIDAY, 16 JAN 2015
"Francogeddon", "currency tsunami", "shocker", "jaw-dropping". These are some of the words used to describe the Swiss National Bank's (SNB) decision to surrender and abandon the currency peg - erected back in September 2011 - against the euro last night. ...

Super trustees must be vigilant about managers: Deloitte

ALEX BURKE  |  THURSDAY, 15 JAN 2015
Superannuation trustees need to actively prioritise implemented asset consultants that add value, according to new research by Deloitte Actuaries & Consultants. Deloitte surveyed six major consultants over the five years to 30 June 2014, using the Vanguard ...

Former FSC policy head gets government role

MARK SMITH  |  THURSDAY, 15 JAN 2015
Former Financial Services Council (FSC) senior executive Martin Codina has been snapped up for a role in Assistant Treasurer Josh Frydenberg's office as chief of staff. Codina was at the FSC for eight years and spent around half of that time as the ...

Lonsec rolling out cloud-based practice management tool

ALEX BURKE  |  THURSDAY, 15 JAN 2015
Lonsec Stockbroking has partnered with GBST to release Lonsec FrontOffice, a cloud-based practice management software suite. Offered free to clients, FrontOffice is designed to streamline the admin process for advisers by allowing rapid consolidated ...

One third of first home buyers are investors

ALEX DUNNIN  |  THURSDAY, 15 JAN 2015
Contrary to first home buyers being frozen out of the residential property market, evidence is mounting that many of them are just shifting how they access the market. Concerns about first home buyers (FHB) being denied access to the residential property ...

Market wrap

AAP  |  THURSDAY, 15 JAN 2015
The Australian sharemarket has started lower following a slide on Wall Street and a fall in commodity prices. Wall Street finished in the red overnight, with the Dow Jones Industrial Average down around 1% on the back of disappointing retail figures ...

Australian Unity acquires Premium Wealth

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
Australian Unity Personal Financial Services (Australian Unity) has acquired nearly 97% of Premium Wealth Management. Premium Wealth shareholders almost unanimously accepted the acquisition offer, with the transaction being completed on 22 December. ...

ASFA outlines spending needs of nonagenarians

MARK SMITH  |  WEDNESDAY, 14 JAN 2015
The Association of Superannuation Funds of Australia (ASFA) has developed a new retirement standard, the ASFA Retirement Standard for Older Retirees, which outlines the expenditure required for Australians aged 90-95 to maintain a comfortable or modest ...