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Showing 3421 - 3430 of 4777 results for "July 8"

Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
The Australian market looks set to open lower after the US and European bourses fell as investors sought shelter from strains in the eurozone driven by political upheaval in France and Greece. At 0855 AEST on Thursday, the June share price index futures ...

Australia's finely balanced $376bn budget

ALEX DUNNIN  |  WEDNESDAY, 9 MAY 2012
Australia's $376 billion government budget announced last night included a forecast $1.5 billion surplus in 2012-13 that will increase steadily to $7.5 billion over the next four years. This turnaround in Australia's fiscal position is remarkable given ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
The St. John report on compensation arrangements for consumers of financial services recommends strengthening existing compensation arrangements before implementing a 'last resort' scheme. The Compensation Arrangements for Consumers of Financial Services ...

Merlon fund switches to monthly distributions

BEN COLLINS  |  MONDAY, 7 MAY 2012
The Merlon Wholesale Australian Share Income Fund will pay investors on a monthly basis in the future, with the aim of better aligning the fund with the income needs of post-retirement investors. The monthly distributions will be effective from July  ...

Bumps along the way

BENJAMIN ONG  |  MONDAY, 7 MAY 2012
US Payrolls. What is it good for? Absolutely nothing. Yes Virginia, the greatly speculated, the much awaited, the indicator that'll set the tone in the financial markets over the next four weeks, that mother of all eco stats -- the US Non-farm Payrolls ...

Wealthtrac re-signs Oasis

MELANIE TIMBRELL  |  FRIDAY, 4 MAY 2012
Independent platform provider Wealthtrac has re-signed with ANZ OnePath's Oasis Asset Management in a six-year service level agreement. "The Wealthtrac model is different to many platforms, as the advisers who use it become beneficiaries of the Trust ...

Lifeplan upgrades investment offer

LINDA HAUSKEN  |  FRIDAY, 4 MAY 2012
Lifeplan Funds Management has redesigned its NextGen Investment and Lifeplan Education Investment Fund product offering to comply with FOFA. Matt Walsh, head of Lifeplan, said the business saw the changing regulatory environment as an opportunity to ...

APRA releases draft MySuper authorisation form

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
APRA today released a discussion paper for consultation covering arrangements to authorise MySuper products, including a draft application form. A draft prudential standard on MySuper transition that sets out requirements for trustees moving member ...

Asgard launches new website for advisers

LINDA HAUSKEN  |  TUESDAY, 1 MAY 2012
Asgard launched a new website today, designed to ease advisers' administrative end of financial year (EFOY) stresses and strains. The website will assist advisers with end of financial year processing and reporting, and offers an interactive calendar ...

FOFA will not be delayed: Minter Ellison

BEN COLLINS  |  TUESDAY, 1 MAY 2012
The Federal Government's FOFA legislation will be implemented on target, said Minter Ellison Lawyers at a roundtable yesterday. "I can't see there being any delays. It would require a change to legislation to do that and I'm sure that there won't be," ...