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Showing 2031 - 2040 of 2961 results for "August 2010"

Market Wrap

AAP  |  FRIDAY, 10 AUG 2012
The Australian market looks set to open slightly higher after a seesaw session overnight on Wall Street, which ended flat, uninspired by modestly promising US jobs and trade data. At 0745 AEST on Friday, the September share price index futures contract ...

Dunn loses bonus shares

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
AMP chief executive officer Craig Dunn has been forced to forfeit 777,778 shares, after the company's share price fell from $6.50 in 2010, to the current price of $4.04. The 777, 778 shares - worth approximately $3.2 million - were granted in 2010 ...

Double A USA - the scare that wasn't

BENJAMIN ONG  |  TUESDAY, 7 AUG 2012
Financial markets have again become Eurocentric - bobbing up and down on every blah that comes out of anybody who's somebody's lips. I don't think anybody could argue that Italian Prime Minister Mario Monti is somebody. Thus, when he blahed to Germany's ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ...

APA gets HDF books

BEN COLLINS  |  MONDAY, 6 AUG 2012
APA group will have access to Hastings Diversified Utilities Fund's books, after it made a proposal to increase its offer for the fund. Energy infrastructure investor Hastings is subject to two takeover offers: a cash-and-scrip offer from APA Group ...

AMP SMSF completes leadership team

ALEX DUNNIN  |  THURSDAY, 2 AUG 2012
AMP SMSF has appointed Samantha Clarke as director, SMSF Solutions, reporting to AMP SMSF managing director Paul Sainsbury, effective August 13. Clarke joins the newly formed business unit from AMP Capital where she was head of marketing. Her appointment ...

AMP Capital, Macquarie internalise infra JV

BEN COLLINS  |  TUESDAY, 31 JUL 2012
AMP Capital, Macquarie Capital Group and DUET Group have agreed to internalise the management of DUET - an ASX-listed investor in regulated energy utility assets in Australia. DUET was established in June 2003 as wholesale unit trusts. In August 2004 ...

North to offer bank deposit rebates

LINDA HAUSKEN  |  MONDAY, 30 JUL 2012
AMP is set to offer clients a rebate on term deposit administration fees on its North platform until the end of the year. North is a comprehensive full service platform that includes multi-manager funds, managed funds, online direct share trading, exchange ...

Treasury heavy handed on portfolio disclosure

BEN COLLINS  |  THURSDAY, 19 JUL 2012
Portfolio disclosure remains a contentious issue for superannuation funds, after it was first flagged in the 2010 Cooper review. It will be a major issue explored at the Financial Services Council annual conference, to be held on 1-3 August at the Gold ...

AFA releases draft code of conduct

BEN COLLINS  |  THURSDAY, 19 JUL 2012
The Association of Financial Advisers has released a member consultation paper outlining their draft professional adviser code of conduct. The draft was released with a view to it being finalised before the Australian Securities & Investments Commission ...