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Showing 2041 - 2050 of 4334 results for "FIG"

NAB embroiled in £1.3 billion UK bank scandal

JAMES FERNYHOUGH  |  FRIDAY, 23 AUG 2013
The National Australia Bank (NAB) owned Scottish bank Clydesdale Bank is one of 13 UK banks that will have to pay back customers after they mis-sold protection for identity theft and credit card fraud. The Financial Conduct Authority (FCA) yesterday ...

Super assets hit $1.6 trillion, investment returns at 4-year high

ALEX DUNNIN  |  THURSDAY, 22 AUG 2013
Superannuation assets surged 15.5% last financial year to reach $1.6 trillion, reveals the regulator APRA in its just released June report. The pace of the asset surge corresponds with the super fund industry achieving its best investment returns in ...

Australia outstrips US and UK in online trading

MARK SMITH  |  THURSDAY, 22 AUG 2013
Australia's adoption of online share trading platforms is outstripping the US and UK, according to a recent Investment Trends report. More than 530,000 Australians placed at least one share trade in the 12 months to June 2013, equating to 3.2% of the ...

Hybrids must better convey risk: ASIC

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian Securities and Investments Commission (ASIC) is cracking down on the misleading marketing of hybrid securities. ASIC has criticised what it terms "misleading labelling" and "unwarranted comparison" of hybrids to less risky products such ...

Investment income fuels life insurance sector

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
Life insurance industry figures released today by the Australian Prudential Regulation Authority (APRA) paint a picture of a robust industry albeit one preparing for some adjustment. In its June 2013 life insurance statistics report the regulator has ...

Market Wrap AM

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
The Australian market looks set to open lower after Wall Street continued its downward trend on mediocre economic news and higher bond yields. At 0755 AEST on Tuesday, the September share price index futures contract was down 17 points at 5,071. In ...

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
Significant price rises for medical and hospital services have led to a modest increase in the cost of living for retirees according to the latest Australian Superannuation Funds of Australia (ASFA) Retirement Standard figures. The figured for the June ...

Market Wrap AM

AAP  |  FRIDAY, 16 AUG 2013
The Australian market looks set to open lower following falls on Wall Street after better-than-expected US jobless claims figures stoked fears of early US Federal Reserve stimulus tapering. At 0755 AEST on Friday, the September share price index futures ...

Market Wrap PM

AAP  |  THURSDAY, 15 AUG 2013
The Australian share market has opened fractionally higher, boosted by the big miners. IG Markets market strategist Evan Lucas said the big miners - BHP Billiton, Rio Tinto and Fortescue Metals - were forging ahead on the back of stronger iron ore prices ...

Less than 1% of AusSuper members seek advice

JAMES FERNYHOUGH  |  THURSDAY, 15 AUG 2013
Less than 1% of AustralianSuper and REST members are receiving advice, despite the introduction of measures to improve access to advice as part of the Stronger Super reforms. Under MySuper 'intra-fund advice' regulations, funds can collectively charge ...