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Showing 3641 - 3650 of 7101 results for "June 2011"

ASIC to renew focus on misleading advertising

LAURA MILLAN  |  THURSDAY, 31 JUL 2014
The Australian Securities and Investments Commission (ASIC) has listed advertising of financial products as one of the current and future areas of focus in its latest enforcement report. The regulator has achieved 256 enforcement outcomes in the six ...

'As expected' changing expectations

BENJAMIN ONG  |  THURSDAY, 31 JUL 2014
By all indications, Wall Street should have closed on the hop last night, but it didn't. The S&P 500 index ended practically unchanged - up 0.01% -- despite the FOMC announcing it's steady as she goes (as expected) and the economy rebounding in the ...

Market Wrap AM

AAP  |  THURSDAY, 31 JUL 2014
The Australian market looks set to open flat following a mixed performance on Wall Street after the Federal Reserve kept interest rates near zero and surprisingly strong second-quarter US economic growth data. At 0807 AEST on Thursday, the September ...

MetLife refocuses on middle classes with direct distribution

ALEX DUNNIN  |  WEDNESDAY, 30 JUL 2014
Based on the way global insurers are increasingly looking to the direct market to boost sales in developed economies, the way insurance is distributed in Australia looks set for a shake-up. In the past week it was widely reported across the Americas ...

Market Wrap AM

AAP  |  WEDNESDAY, 30 JUL 2014
The Australian market looks set to open flat following losses on Wall Street after the United States and the European Union broadened sanctions on Russia, overshadowing US economic data and earnings reports. At 0808 AEST on Wednesday, the September ...

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
Wilson Asset Management's listed investment company, WAM Capital, has reported a record profit pre-tax profit of $90.5 million for the 12 months to 30 June following strong investment performance. The figure represents a rise of 68.8% on last year. ...

Market Wrap AM

AAP  |  TUESDAY, 29 JUL 2014
The Australian market looks set to open flat following Wall Street's mixed performance after prominent corporate deals and a drop in pending home sales. At 0810 AEST on Tuesday, the September share price index futures contract was down seven points ...

Dip-buying pays

BENJAMIN ONG  |  TUESDAY, 29 JUL 2014
... Wall Street. The latest of which is last night's report that US pending home sales fell by a bigger-than-expected 1.1% in June (this follows last week's news of an 8.1% drop in US new home sales in June) and down by 7.3% on the year. Just one month's ...

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
The Financial Services Council (FSC) had the backing of Employment Minister Eric Abetz in its Federal Court case against the constitution of the Fair Work Commission's superannuation expert panel, it has emerged. On Friday the Federal Court published ...

Passive FUM reaches all-time high

MARK SMITH  |  MONDAY, 28 JUL 2014
Funds allocated to index strategies grew 28% in the 12 months to end of March 2014, taking the total proportion of the funds management market it represents to a record high of 19%, new data from Rainmaker Information reveals. The rise is the fastest ...