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Showing 2861 - 2870 of 4761 results for "July 2011"

Market Wrap AM

AAP  |  FRIDAY, 25 JUL 2014
The Australian market looks set to open flat after little change on Wall Street where the S&P 500 inched toward another record high. At 0807 AEST on Friday, the September share price index futures contract was up eight points at 5,540. Locally, no major ...

FSC report warns of default super 'turmoil'

JAMES FERNYHOUGH  |  THURSDAY, 24 JUL 2014
The Fair Work Commission (FWC) review of default superannuation will cost $400 million and throw the superannuation of 2.25 million Australians into "turmoil", the Financial Services Council (FSC) has claimed. The FSC's claims come on the back of a ...

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
Former Commonwealth Bank (CBA) planner and whistleblower Jeff Morris has expressed concern over a number of aspects of the bank's Open Advice Review program to compensate victims of bad advice. The adviser, who blew the whistle on cases of advice misconduct ...

Arrows and more arrows

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2014
... away the night before. Geo-political risk down, Wall Street up. The S&P 500 even breached the record high it reached on 3 July (1985.44) in intra-day trade to 1986.24 points but gave back some of its gains to close a still strong 1983.53 points - you ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
Headlines upon headlines remains littered with MH17 and what happens next as the international community vents its anger on Russia. 'twas these headlines that reportedly downed Wall Street overnight. But we surely know what comes after the dip, 'eh ...

PROFILE: Head of Australian operations at Western Asset Management Anthony Kirkham

ALICE URIBE  |  MONDAY, 21 JUL 2014
Anthony Kirkham, the country head of fixedA income giant Western Asset Management, found his calling at a young age. Alice Uribe finds out how he steers a ship that quadrupled its funds under management to $20 billion despite challenging times. Anthony ...

A BRICS R5 Bank is born

BENJAMIN ONG  |  THURSDAY, 17 JUL 2014
"Play it again, Chumbawamba"... "I get knocked down but I get up again..." Can't really stop those bargain hunters hunting for bargains on Wall Street, 'ey? Not even with the previous day's headlines talkin' 'bout the Fed saying that those bargains ...

Government succeeds in securing final FoFA changes

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
The government's deal with the Palmer United Party (PUP) means that the proposed changes to the Future of Financial Advice (FoFA) legislation are set to go through. The final changes include the removal of the opt-in requirement, which asked clients ...

Labor, Greens will "keep fighting" after FoFA backflip

LAURA MILLAN  |  WEDNESDAY, 16 JUL 2014
The Labor Party and the Greens met this morning to consider next steps after the Palmer United Party (PUP) and Motor Enthusiasts Senator Ricky Muir made a last-minute move to support the Future of Financial Advice (FoFA) amendments in the Senate last ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
In the wake of the Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC), the Commonwealth Bank (CBA) will lift the minimum education standards for its financial advisers and demand that they belong to a ...