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Showing 2741 - 2750 of 5005 results for "CAM"

Challenger reports record annuities sales

JAMES FERNYHOUGH  |  TUESDAY, 18 FEB 2014
Challenger has reported "exceptionally strong" retail annuities sales in the half year up to December, rising by a record 38% to $1.46 billion. Overall Challenger's retail and institutional sales reached $1.75 billion. In the retail space, 19% of annuities ...

Matrix to focus on attracting aligned advisers

LAURA MILLAN  |  FRIDAY, 14 FEB 2014
Matrix Financial Solutions will be focusing on strategies to attract advisers from aligned dealer groups after the resignation of its managing director Rick Di Cristoforo. "There are opportunities now that didn't exist five years ago, and this will ...

Pressure mounts on super in modern awards

JAMES FERNYHOUGH  |  FRIDAY, 14 FEB 2014
MLC and BT have called on the Fair Work Commission (FWC) to delay its four yearly review of the default fund terms of modern awards until after the government has completed its own review into the issue. The call is part of a larger campaign led by ...

Australian operations boost GBST

MARK SMITH  |  THURSDAY, 13 FEB 2014
Strong Australian sales helped listed technology and data provider GBST's net profit after tax for the half-year to 31 December 2013 rise 87% on the same period the year before. According to an announcement on the Australian Securities Exchange (ASX) ...

US Congress votes to raise debt ceiling

ALEX DUNNIN  |  THURSDAY, 13 FEB 2014
Both houses of the US Congress have passed a bill to increase the US debt ceiling, with no additional debt ceiling increases expected to be needed until 2015. It was passed first in the House of Representatives 221 to 201 after an estimated 30 Republicans ...

You say threshold, I say trigger

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2014
Janet, Janet, she's our man... if she can't do it no one can. Janet's in the house (House Financial Services Committee) and she came bearing gifts (gift of gab) for Wall Street... and Wall Street heard that it was good. What Wall Street heard: Taper ...

Market Wrap AM

AAP  |  WEDNESDAY, 12 FEB 2014
The Australian market looks set to open higher following strong gains on Wall Street after new Federal Reserve chief Janet Yellen's Congressional testimony appeared to reassure investors. At 0820 AEDT on Wednesday, the March share price index futures ...

Oh what a feelin'

BENJAMIN ONG  |  TUESDAY, 11 FEB 2014
You, I and Irene can bury our collective heads in the sand but we can't escape Toyota's announcement that it would tailgate Ford and then Holden out of Australia and then... Australia's car manufacturing industry would be no more when 2017 turns into ...

AFA to lobby on FoFA through grassroots campaign

LAURA MILLAN  |  MONDAY, 10 FEB 2014
The Association of Financial Advisers (AFA) is calling on members to lobby their local representative on the organisation's position around the amendments to the Future of Financial Advice (FoFA) legislation. "We are calling on our members to support ...

Excuses, excuses

BENJAMIN ONG  |  MONDAY, 10 FEB 2014
Have Wall Streeters' gone loco? This immediately came to mind when I saw Wall Street's reaction to the disappointing US jobs report for, more often than not, disappointment does not get a rise out of Wall Street. Perhaps it was a not an often day for ...