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Showing 1461 - 1470 of 2048 results for "CRA"

Fin services execs earn big bucks

JOHN MCDULING  |  WEDNESDAY, 17 NOV 2010
The financial services industry's top executives continue to be among the best paid professionals, according to the Australian Financial Review's latest executive salary review. Alongside the usual suspects - including chief executives of the big 4 ...

ASIC cracks down on CFD trading

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
ASIC has turned its attention to over-the-counter contracts for difference (CFDs), and is calling for improved product disclosure to help retail investors understand the highly leveraged derivative products they trade. The corporate regulator released ...

Whac-a-mole 2.0

BENJAMIN ONG  |  WEDNESDAY, 17 NOV 2010
Whac-a-mole 2.0! Remember whac-a-mole 1.0 when the global financial crisis was just starting? It was then, that the air was ripe with speculation as to which financial institution's head - Bear Sterns, Fannie/Freddie, AIG - the US Fed/Treasury tandem ...

Fixed fee model in slow burn

JOHN MCDULING  |  TUESDAY, 16 NOV 2010
Fiona Trafford-Walker, chief executive of Frontier Consulting, said the asset consultancy has experienced "modest success" in getting fund managers to adopt the novel fee model they proposed more than a year ago. Trafford-Walker said there have been ...

Suncorp Life sells Tyndall to Nikko AM

ELISE BURGESS  |  TUESDAY, 16 NOV 2010
Suncorp Life will sell Tyndall Investments in Australia and New Zealand to Japanese fund manager Nikko Asset Management for up to $128.5 million. Tyndall currently has $25 billion in assets under management, making it the 15th largest fund manager in ...

AMP unveils $6.34 per share bid for AXA

JOHN MCDULING  |  MONDAY, 15 NOV 2010
The worst kept secret in the financial services industry edged closer to reality this morning as AMP announced a fresh bid for AXA Asia-Pacific Holdings. AMP has offered AXA APH minority shareholders at least $6.43 per share in a combination of cash ...

Factions will stay: AMP, AustralianSuper

RUTH LIEW  |  FRIDAY, 12 NOV 2010
Two of the country's largest super funds, AustralianSuper and AMP, said a fully cohesive superannuation industry will never be achieved, as retail and not-for-profit super funds cannot completely set aside their differences to tackle the toughest issues ...

Trustees call to scrap MySuper

RUTH LIEW  |  THURSDAY, 11 NOV 2010
Two prominent superannuation industry experts have argued that MySuper should be axed, saying it will only worsen member complacency and completely fails to tackle the two major issues in super - engagement and adequacy. David Galbally QC, chairman ...

Slim pickings in intl equities: van Eyk

ELISE BURGESS  |  WEDNESDAY, 10 NOV 2010
Only a small number of international equities passed muster at the latest review conducted by van Eyk ahead of what the ratings house believes is a five-year period where 'cracks in the system' will resurface and hurt many fund managers in the sector. ...

QE2 overstays welcome

BENJAMIN ONG  |  WEDNESDAY, 10 NOV 2010
Damned if they didn't, damned now that they did! Wall Street is behaving just like any four-year old these days. A four-year old who gets a present, he eagerly opens it, eyes beam, plays with it for about... maybe a week, then discards and wants something ...