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Showing 3661 - 3670 of 4761 results for "July 2011"

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ...

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Life insurers predict dealer groups will create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions ...

Less conflict, more interest: FOFA

MICHELLE BALTAZAR  |  THURSDAY, 28 APR 2011
Despite some protests on the details of the proposed FOFA reforms, Assistant Treasurer Bill Shorten said the changes, particularly the ban on 'conflicted remuneration', can only improve the planning industry's public image and encourage more Australians ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 APR 2011
The outlook is positive for the Australian market on Thursday, with strong leads from Wall Street and European equities markets overnight, and higher prices in oil and precious metals. At 0711 AEST on the ASX 24, the June share price index futures contract ...

Investec to launch equity derivatives platform

ELISE BURGESS  |  THURSDAY, 21 APR 2011
Investec has announced plans to launch an equity derivatives platform in July as it expands its team with a spate of new appointments including David Jones-Prichard who will head up the platform. The specialist bank group has released plans to add equity ...

Ansett trustees make a move

ELISE BURGESS  |  TUESDAY, 19 APR 2011
Super trustees for failed airline Ansett will finally issue an interim distribution statement to members of the Ansett Residual Superannuation Fund, some ten years after the collapse of the company. In the next six to eight weeks, up to 11,000 ex-Ansett ...

Super merger on track

MATT WOODINGTON  |  FRIDAY, 15 APR 2011
Towers Watson has been retained by Queensland funds City Super and LGsuper, which are on course to complete their merger by the end of June. The funds said they have appointed service providers for the merged business and have opted to continue with ...

Market Wrap - Midday

AAP  |  THURSDAY, 14 APR 2011
The Australian stock market was lower at noon, weighed down by weakness in the industrials, metals and mining, and materials sectors. Construction giant Leighton Holdings' sharp decline after resuming trading, following a downgrade in its earnings guidance ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 APR 2011
The Australian market has received positive leads from offshore trading overnight, with securities indices more buoyant and both gold and oil reversing recent losses. At 0734 AEST on the ASX 24, the June share price index futures contract was nine points ...

Merged super funds coy on CEO decision

MATT WOODINGTON  |  WEDNESDAY, 13 APR 2011
Queensland's LGsuper to retain its name following merger with fellow local government super fund City Super but the chief executive of the combined business is yet to be announced. Despite making key decisions on the structure of the board of directors ...