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Showing 211 - 220 of 388 results for "ERI"

FSC and ISA both claim Federal Court victory

JAMES FERNYHOUGH  |  TUESDAY, 10 JUN 2014
Both the Financial Services Council (FSC) and Industry Super Australia (ISA) have claimed a victory in the Federal Court, even though the court's orders essentially uphold the FSC's objections. At the end of Friday's hearing over the composition of ...

Market wrap

AAP  |  THURSDAY, 5 JUN 2014
The share market is flat in early trade as investors take a cautious approach ahead of an anticipated rate cut by the European Central Bank. Mining and energy stocks were the main movers, due to a rise in iron ore prices and Oil Search's increased full ...

Ross signals he will step down from Expert Panel

JAMES FERNYHOUGH  |  THURSDAY, 5 JUN 2014
Justice Iain Ross has told the Financials Services Council (FSC) he will step down from the Fair Work Commission (FWC) superannuation Expert Panel if a new expert member is appointed. Ross, who is president of the FWC, made the statement in response ...

FSC puts pressure on Ross ahead of FWC court hearing

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
The Financial Services Council has challenged Fair Work Commission (FWC) President Iain Ross to declare whether he intends to stand down from the superannuation expert panel. The letter, which requests a number of clarifications on comments Ross made ...

FSC-ISA court clash to go ahead

JAMES FERNYHOUGH  |  TUESDAY, 3 JUN 2014
The Financial Services Council (FSC) Federal Court hearing against the Fair Work Commission (FWC) will proceed, despite the resignation of MTAA's Vicki Allen from the expert panel. The hearing, which will take place later this week, will involve Industry ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
The Memorial Day holiday in the US must have put Wall Streeters in a good mood - they came back a-shopping and sent the S&P 500 index up to a fresh record high. As the Bellamy Brothers sang, "There's a reason for the sunshine sky there's a reason why ...

MLC awards $1 billion Aussie equities mandate

LAURA MILLAN  |  TUESDAY, 13 MAY 2014
MLC has awarded a mandate of over $1 billion to an Australian shares index strategy. The NAB-owned company has awarded the mandate to Redpoint Investment Management, which will manage the strategy within MLC's Horizon 2 - 7 and Inflation Plus portfolios. ...

May worry

BENJAMIN ONG  |  MONDAY, 28 APR 2014
You can almost taste it. It's nearly here. That time of year when that age-old Wall Street adage tells us to go away. May is coming! And right on cue, we get spooks from renewed and escalated tension in the Ukraine and more evidences of a slowing China ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
In big picture terms, not much happened last week. Yes Virginia, the Reserve Bank of Australia (RBA) kept policy unchanged - as expected. The European Central Bank (ECB) guided forward but also stayed on the sidelines. US non-farm payrolls added another ...

FBI launches probe into high speed traders

MARK SMITH  |  THURSDAY, 3 APR 2014
The US Federal Bureau of Investigation (FBI) and securities regulators have opened up an examination into whether high frequency trading (HFT) firms are involved in insider trading. According to reports, the Securities and Exchange Commission (SEC) ...