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Showing 1491 - 1500 of 2958 results for "August 2007"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 29 SEP 2016
... could be attributed to the volatile transportation orders which saw a sharp 21.9% fall in non-defense aircraft orders in August (following a 73.7% jump in the previous month). Year-on-year, total new durable goods orders improved from a 4.1% contraction ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
US consumer confidence The Conference Board's consumer confidence index jumped to 104.1 in September from an upwardly revised 101.8 in the previous month. This is better than consensus expectations for a dip to 99.0 and is the highest level since the ...

Current super objective "un-Australian"

DARREN SNYDER  |  TUESDAY, 27 SEP 2016
ASFA believes it is "un-Australian" for politicians to settle on an inadequate objective for superannuation that restricts its purpose to merely substitute or supplement the age pension. The super fund representative body is urging people to take interest ...

LT Management fined over false SMSF advertising

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2016
LT Management has paid an infringement notice for making misleading statements in relation to establishing a self-managed superannuation fund. The company was fined $10,800 by ASIC for deceptive representations in regards to the cost of setting up an ...

A-REIT added to Asgard platform

DARREN SNYDER  |  TUESDAY, 27 SEP 2016
A high conviction, actively managed fund providing access to a diversified portfolio of ASX-listed real estate securities has been added to the Asgard platform. The Folkestone Maxim A-REIT Securities Fund is the newest addition, known for its disciplined ...

CBA innovates to help customers avoid late fees

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
The Commonwealth Bank has launched two new bill paying solutions, available via its CommBank app and NetBank. The 'Better Bill Experience' and 'Photo-a-bill' features went live today as a means of assisting customers in managing their bills and avoiding ...

Managed accounts market likely bigger than thought

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
The Australian managed accounts market is well on the way to achieving Morgan Stanley's $60 billion FUM by 2020 prediction, with data released by the Institute of Managed Accounts Professionals (IMAP) indicating the market has more than doubled since ...

ASIC bans fraudulent adviser

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
ASIC permanently banned a financial adviser after he was sentenced and imprisoned for fraud charges. Sandeep Madhoji is permanently banned from providing financial services or engaging in credit activity following the successful prosecution of the Queensland ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 23 SEP 2016
Australia leading index The Westpac-Melbourne Institute leading index of economic activity showed no growth (0%) in August, decelerating from 0.08% in the previous month but the six-month annualised growth rate - indicating the "pace of economic activity ...

NZ Super Fund posts decent full-year return

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
The NZ Super Fund returned 1.89% (after costs, before NZ tax) in the year to 30 June 2016. Performance was hampered by negative returns in global equities but the investment committee was still able to add value versus the passive reference portfolio ...