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Showing 3341 - 3350 of 7101 results for "June 2011"

Findex life insurance goes commission-free

ALEX BURKE  |  MONDAY, 20 JUL 2015
Findex's Centric Wealth and Financial Index Wealth Accountants divisions will now only recommend commission-free life insurance policies. As per the recommendations provided by the Association of Financial Advisers (AFA), Financial Planning Association ...

Market to open flat

AAP  |  MONDAY, 20 JUL 2015
The Australian market looks set to open flat following mixed performances on US and European markets after a revamped Greek government took over in an effort to enforce tough fiscal reforms that accompany a third bailout deal. At 0810 AEST on Monday ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
The Fed lady sang for two consecutive days but "not a creature was stirring, not even a mouse". The S&P 500 index fell all of 0.07% when Janet testified before the House Financial Services Committee on the 15th, but more likely than not this was due ...

Fund managers take cover behind cash sandbags

MARK SMITH  |  THURSDAY, 16 JUL 2015
Fund managers have ratcheted up their cash positions to levels not seen since before the financial crisis, the latest global survey from Bank of America Merrill Lynch shows. The July numbers show that cash levels have soared to an average of 5.5%, up ...

BTIM share offer oversubscribed

ALEX BURKE  |  THURSDAY, 16 JUL 2015
Westpac Group announced the sale of 27 million BT Investment Management shares had been oversubscribed at $8.20 per share. This follows Westpac's announcement in June that it was selling part of its stake in BTIM; the offer opened on 22 June and closed ...

Lift-off on Carney's mind

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2015
It's now safe to go back in the waters... This, perhaps, was what's in Bank of England (BOE) governor Mark Carney mind when, a day after news of the Greek deal, he told the UK Treasury select committee that: "The point at which interest rates may begin ...

Rice Warner highlights $1.8trn insurance gap

ALEX BURKE  |  TUESDAY, 14 JUL 2015
There is a $1.8 trillion underinsurance gap in Australia, according to Rice Warner's Underinsurance in Australia report. The report is based on levels of life insurance, total and permanent disability (TPD) and income protection as at June 30, 2014. ...

Macquarie wrap adds AB fund

DARREN SNYDER  |  TUESDAY, 14 JUL 2015
Macquarie Wrap adding the AllianceBernstein Managed Volatility Equities Fund is further evidence Australians nearing retirement are demanding investment products with more certainty while still participating in growth. The fund, which most recently ...

Climate change to impact financial systems

ALEX BURKE  |  MONDAY, 13 JUL 2015
Research by The Climate Institute concludes Australia's financial system may be vulnerable to climate change. The institute argues this is based on several factors, including the country's "carbon-intensive economy, lack of policy clarity and reliance ...

Banks need to increase capital ratios: APRA

DARREN SNYDER  |  MONDAY, 13 JUL 2015
The Australian Prudential Regulation Authority (APRA) believes the country's major banks will need to increase capital adequacy ratios by at least 200 basis points to be comfortably positioned in the top quartile of international peers. In response ...