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Showing 2221 - 2230 of 2996 results for "February 5"

Perpetual changes distribution focus

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
Perpetual Limited is set to readjust its focus on the retail funds market, research and ratings houses through changes to its investment product distribution function in order to overcome past challenges in its distribution. Due to a company-wide review ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
It was the summit touted as the one to end all summits. But nah! As Daryll Kerrigan in the "The Castle" would say, "tell him he's dreaming". Five Plans done, "n" to go. Last weekend's European Summit produced something - well, sort of - and the equity ...

RBA right to cut rates and correct to hold

BENJAMIN ONG  |  TUESDAY, 6 DEC 2011
Decisions, decisions. Today's the first Tuesday of the month so it must be "what to do with interest rates" decision time for the Reserve Bank of Australia (RBA). The punting is finely balanced with, according to Bloomberg's polling, 13 out of 25 economists ...

She's becoming right, mate

BENJAMIN ONG  |  MONDAY, 5 DEC 2011
No doubt financial markets are still basking in the afterglow of last week's equity rally - which for many had been the best in more than three years. The S&P 500 index ended the week up 7.4% with the All Ords not that far behind as it posted a 7.1% ...

FOFA implementation time vital: ASFA

CLAIRE MCGREAL  |  THURSDAY, 1 DEC 2011
ASFA is calling for a 12 month "transition period" from the proposed FOFA start date next winter to give the industry time to properly implement the changes. In its submission to the Parliamentary Joint Committee (PJC), the Association of Superannuation ...

A liquid Christmas

BENJAMIN ONG  |  THURSDAY, 1 DEC 2011
Central banks of the world unite! The going must be getting tough because the tough (central banks) got going. Six of the world's biggest central banks -US Federal Reserve, European Central Bank, Bank of Japan, Bank of England, Bank of Canada, Swiss ...

MLC scoops three ex-AXA for retirement team

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
Shaune Egan, Stuart McGregor and Joachim Lumbroso are rejoining their former AXA colleague, MLC's current Retirement Solutions general manager, Andrew Barnett, at MLC. Joining the Retirement Solutions team of ten people, Egan has been appointed MLC ...

Westpac Group restructure, Coombe resigns

CLAIRE MCGREAL  |  THURSDAY, 24 NOV 2011
Westpac has announced a major group structural shake-up, which sees the creation of two new divisions, senior appointments and the resignation of group executive Rob Coombe. The new Australian Financial Services (AFS) division combines Westpac Retail ...

Flight to quality boosts PIMCO inflows

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
Retail investors are seeking refuge from volatile equity markets by increasingly investing in fixed interest funds, according to bond manager PIMCO's net fund inflows. The investment management firm said monthly amounts invested in its funds have risen ...

Political debate defers FOFA clarity

CLAIRE MCGREAL  |  THURSDAY, 17 NOV 2011
With only one more round of sitting days currently scheduled for both chambers of parliament, it seems increasingly unlikely that the proposed FOFA legislation will pass through both houses before Christmas. Added to this is the fact that the government ...