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Showing 1481 - 1490 of 1956 results for "Default"

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
... interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very small." The probability of default is "so high that you almost have to say there's no way out." How did this come about? Greece was admitted to the ...

Market Wrap - Morning

AAP  |  MONDAY, 20 JUN 2011
... German Chancellor Angela Merkel softened her terms for a new Greek debt bailout, easing nerves about a possible Athens debt default. Merkel's apparent change of heart, after a Berlin meeting with French President Nicolas Sarkozy, was a huge relief after ...

van Eyk calls for pay for ratings disclosure

PRESS RELEASE  |  FRIDAY, 17 JUN 2011
... also be disclosed," said van Eyk CEO Mark Thomas. "This would be akin to a wealth warning to unsuspecting investors whose default assumption is independence between product promoter/manufacturer and the advisor providing recommendations under the Statement ...

Super funds bidding to stem insurance shortfall

MATT WOODINGTON  |  THURSDAY, 16 JUN 2011
... processes. As funds look to play their part in tackling Australia's under-insurance problem, they are looking at increasing default cover, around $175,000 is now the industry fund average, and often adding income protection to their product offering. ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 JUN 2011
... Tuesday, eurozone finance ministers failed to reach accord at talks on a second bailout package to avert a Greek debt default. The US stock markets appeared on track for a seventh straight weekly loss. The dollar jumped against the euro amid eurozone ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 JUN 2011
The Australian market is expected to open slightly lower today, after Wall Street stabilised following steep losses on Friday. At 0706 AEST on the ASX 24, the June share price index futures contract was down nine points at 4,525. In economics news on ...

PC to review how defaults appointed to Awards

ALEX DUNNIN  |  FRIDAY, 10 JUN 2011
The Productivity Commission will in 2012 review how default funds are appointed to Industrial Awards, said superannuation minister Bill Shorten, just one day after APRA released figures showing that the retail sector has again under performed the not-for-profit ...

MTAA Super strikes back against claims of unhedging

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
... the fund's one year returns are now back to average and the fund is placed 43 from 78 in the SelectingSuper survey of default options offered by Workplace funds. Their 10-year returns are ranked 24 from 47.

APRA super fund grillings set new precedent

ALEX DUNNIN  |  WEDNESDAY, 8 JUN 2011
... hit masked how the fund was still a top performer over the previous 10-year period, ranking in the top third of funds by default options offered by workplace funds. This strong long term position has been maintained though the subsequent adjustment period ...

Convince me

BENJAMIN ONG  |  FRIDAY, 3 JUN 2011
... Greece's debt rating from B1 to Caa1 with a negative outlook yesterday - noting that 50% of Caa1-rated government debts default within 5 years. These credit rating agencies better stop the "death by a thousand cuts" behaviour once and for all and just ...