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Showing 1211 - 1220 of 2042 results for "EIT"

Bored to zzz

BENJAMIN ONG  |  TUESDAY, 6 MAY 2014
Writing about financial market action these days has become an exercise in zzz's - that is, you have to exercise to avoid getting the zzz's. Sure they gyrate from one day to the other - some even intra-day - but overall action remains boring overall. ...

NAB and FSC tight-lipped on Hockey meetings

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
The Financial Services Council (FSC) and National Australia Bank (NAB) have given little away about their involvement in Treasurer Joe Hockey's cash-for-meetings program reported by Fairfax this morning. Both The Sydney Morning Herald and The Age this ...

Poll shows low esteem for financial advisers

JAMES FERNYHOUGH  |  MONDAY, 5 MAY 2014
Almost 70% of people aged between 35 and 55 do not think they would have benefitted from professional financial advice, a survey conducted by REST Industry Super has found. When asked the question, 'If you received any/more professional advice, do you ...

Growth of institutional infrastructure demand revealed

MARK SMITH  |  FRIDAY, 2 MAY 2014
Global institutional investors have plunged $439 billion into direct infrastructure projects in the last four years, according to research from alternatives research house Preqin. Preqin's latest research estimates that institutions have invested directly ...

Defence Bank unveils pension product

STAFF WRITER  |  WEDNESDAY, 30 APR 2014
The Defence Bank has launched a new product designed for members in either the accumulation or the retirement stage of life. Defence Bank Super is a "Tier 1" product, meaning members can get information about it from one of the Defence Bank's retail ...

Treasurer readies electorate for Age Pension cuts

MARK SMITH  |  THURSDAY, 24 APR 2014
Treasurer Joe Hockey has given the strongest signal yet that cuts to the Age Pension will headline a raft of belt-tightening measures in the upcoming Budget. In a speech at Sydney's Doltone House yesterday, the Treasurer said that Australia's spending ...

Funds passport 'doomed to fail' without tax reform

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
The Asia Region Funds Passport is "doomed to fail" unless the government changes taxation law to favour Asian investors in Australia, according to BNP Paribas Security Services managing director Peter Baker. While the funds passport initiative is good ...

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
A Canadian finance professor has come up with a way of making lifetime annuities affordable by designing them so they only pay out if the market does badly. According to Moshe A. Milevsky of York University, Toronto, while lifetime and deferred lifetime ...

Time to go away?

BENJAMIN ONG  |  TUESDAY, 8 APR 2014
Three consecutive down days on the Street have turned the S&P 500 index's 2.3% gain for the year to a 0.2% loss; the Dow's flat (0.02%) performance into a 2.0% loss; and the Nasdaq's positive 2.4% into negative 2.3%. Three down days and suddenly allusions ...

Better than good

BENJAMIN ONG  |  WEDNESDAY, 2 APR 2014
Up, up, markets are up. Over the past 24 hours, like any other 24 hours, financial markets were treated to a mix of stats/surveys/news that were either better, worse or in line with their expectations. We've gotten all possible combinations and permutations ...