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Showing 241 - 250 of 360 results for "Tier 1"

Bendigo offloads IOOF stake

LINDA HAUSKEN  |  THURSDAY, 9 AUG 2012
Bendigo and Adelaide Bank has sold its 7.8% stake in wealth management firm IOOF Holdings, worth $110 million. In a statement to the Australian Securities Exchange (ASX) Bendigo and Adelaide Bank said the sale was conducted at $6.16 a share and is expected ...

The end is not nigh

BENJAMIN ONG  |  MONDAY, 14 MAY 2012
My, my, hey, hey, rock n' roll is here to stay - or in our case Europe's sovereign debt, fiscal deficit, financial, banking, economic, political and social crisis. You name the crisis. One or more members of the Eurozone's got one, or more, or all of ...

Macquarie Life upgrades insurance offerings

LINDA HAUSKEN  |  THURSDAY, 3 MAY 2012
Macquarie Life has upgraded its FutureWise and Active insurance products, based on adviser feedback since the launch of Active two years ago. "As a result of providing both a traditional life insurance product through FutureWise, and offering a new ...

Russell rethinks indices on expected bank windfall

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Russell Investments has reconstituted the Australian high dividend and high value indices in favour of banking stocks ahead of reporting season. The semi-annual reconstitution has been driven by attractive valuations and expected income from the banks. ...

Upside surprises to surprise on the upside

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2012
Is this what the other side looks like? 'Twas exactly a week ago today that financial markets suffered an attack of the jitters as all things dark and gloomy flashed before their eyes. You, I and Irene remember that day oh so well. The day there was ...

Market Wrap

AAP  |  TUESDAY, 28 FEB 2012
Australian stocks opened firmer on Tuesday, led by strength in the telecoms and information sector. At 1031 AEDT, the benchmark S&P/ASX200 index was up 14 points, or 0.33 per cent, at 4,281.4 points, while the broader All Ordinaries index had risen ...

Volcker Rule dramatics continue

ALEX DUNNIN  |  WEDNESDAY, 23 NOV 2011
The Volcker rule intended to be help protect banks from future failure is being torn between critics who think it will gut the US corporate bond market and Congressmen who think it still contains too many loopholes. Meanwhile, former US Treasury Secretary ...

Australia's retirement system the most sustainable in the world

RACHEL DAVIS  |  MONDAY, 14 NOV 2011
Australia has been ranked as having the best prepared retirement savings system followed by Sweden, Denmark, New Zealand and the Netherlands, according to Allianz Global Investors. The Allianz Global Investors Pension Sustainability Index (PSI) measures ...

Fixville here we come

BENJAMIN ONG  |  FRIDAY, 28 OCT 2011
"Betcha by golly wow You're the one that I've been waiting for..." -Stylistics Hear ye, hear ye, the Europeans have reached an accord - and financial markets liked the sound of that. Major European equity indices soared between 2.9% (FTSE-100) and 6.3 ...

Uncertainty and consolidation just the beginning: AFA

ELISE BURGESS  |  MONDAY, 12 SEP 2011
The sale of independent dealer group, Count Financial, is just the beginning of the impact of the FOFA reforms as planning groups compete for market share, said the Association of Financial Advisers. The association has expressed concern for independent ...