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Showing 12471 - 12480 of 19607 results for "RIS"

FSC super governance policy forces independence

BEN COLLINS  |  MONDAY, 27 AUG 2012
A majority of directors on superannuation trustee boards must be independent, under draft superannuation governance policy released by the Financial Services Council (FSC) this morning. An independent director must also chair the trustee board, and ...

Market Wrap

AAP  |  MONDAY, 27 AUG 2012
Australian stocks have opened firmer amid broad-based gains as local market players took their cues from a positive night on Wall Street. At 1030 AEST, the benchmark S&P/ASX200 index was up 20.7 points, or 0.48 per cent, at 4,369.7 points, while the ...

Cost reductions dampen IRESS result

MARK STORY  |  MONDAY, 27 AUG 2012
Financial services systems supplier IRESS saw its first half underlying profit fall 7.4% to $27.8 million on the back of reduced activities by broker clients in response to low transactions levels. Due to tough global trading conditions for clients ...

Market Wrap

AAP  |  MONDAY, 27 AUG 2012
SYDNEY - The Australian market looks set to open higher following on from Wall Street's end of week positive lead, boosted by new hints at stimulus from the Federal Reserve and more reports on the European Central Bank's possible bond buying. At 0800 ...

Future Fund to acquire AIF assets

MARK STORY  |  FRIDAY, 24 AUG 2012
The Future Fund has entered into an agreement to acquire all of the Australian Infrastructure Fund's (AIX) portfolio assets for $2 billion - 10% up to the AIX Directors' published asset valuations at 30 June 2012. Due to their strong correlation with ...

Embedding risk appetite remains tricky

MARK STORY  |  FRIDAY, 24 AUG 2012
Despite a major improvement in financial services firms implementing risk management since the GFC, there remains significant unfinished business, according to a new Progress in Financial Services Risk Management report. While there's been significant ...

Market Wrap

AAP  |  FRIDAY, 24 AUG 2012
The Australian market looks set to open lower after Wall Street fell with blue-chip stocks Boeing and Hewlett-Packard helping give the market its worst day so far this month. At 0809 AEST on Friday, the September share price index futures contract was ...

Separate wealth from income strategy: Merton

MELANIE TIMBRELL  |  FRIDAY, 24 AUG 2012
Thinking about a wealth goal for members isn't remotely the same as a member-specific income goal and strategy - which should be the next generation solution for securing retirement income. That's according to Nobel laureate in economics, Robert Merton ...

Sluggish growth the new norm: Janus

MARK STORY  |  THURSDAY, 23 AUG 2012
Once the high volatility experienced within the spread declines over the next six to 12 months, slower earnings growth will emerge as Australia's 'new norm', according to Carmel Wellso, portfolio manager with Janus Capital Group. In Australia to address ...

Smarter lifecycle approach to staunch SMSF flow

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
The quality of the debate on lifecycling in Australia has improved, according to Standard Life Investments, although many super funds are still grappling with product design into the post retirement phase. There is genuine concern in the industry that ...