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Showing 3911 - 3920 of 6939 results for "% December"

FUM breaks through pre-GFC barrier

ALICE URIBE  |  THURSDAY, 13 JUN 2013
It's taken five long years but Australia's funds under management (FUM) market has finally recovered all the FUM that was lost during the global financial crisis. Research released by the Rainmaker group in their March 2013 Roundup report reveals the ...

Australian online broker market 'world's most highly concentrated'

JAMES FERNYHOUGH  |  WEDNESDAY, 12 JUN 2013
Lack of choice among online brokers may explain why Australians are unlikely to change brokers, despite having comparatively low levels of satisfaction. The Global Online Broking Report, conducted by wealth researcher Investment Trends, surveyed 96,000 ...

Direct insurance sales grow on consumer confidence

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Australia's direct life insurance market has shown significant growth over the last year at the expense of the traditional advice sales channel, according to Rice Warner. Rice Warner's latest Direct Life Insurance Market Report showed direct insurance ...

Skaffold to set up alert service

ALICE URIBE  |  TUESDAY, 11 JUN 2013
An automated alert service will be added to online equity research product Skaffold, to enable advisers to better track clients' investments. The new service, which is due to be rolled out at the end of July, allows advisers to enter attributes of a ...

IFM to cut fees after pricing review

ALICE URIBE  |  FRIDAY, 7 JUN 2013
Industry Funds Management (IFM), which oversees $44 billion in assets, is ready to set a date for its wide-ranging fee reduction, almost two years after announcing a pricing review. The Global Pricing Review was first announced in November 2011 and ...

Challenger in $602m alliance with Federation shopping malls

MARK SMITH  |  THURSDAY, 6 JUN 2013
Challenger has entered into an agreement to buy half shares in six Federation shopping malls in a deal worth $602 million. The asset manager will take a 50% stake in regional shopping centres in Bankstown and Roselands in New South Wales as well as ...

APRA sets dates for ERF transitions

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
The Australian Prudential Regulation Authority (APRA) has published the final superannuation prudential standard SPS 450 Eligible Rollover Fund (ERF) Transitions together with the response to consultation. This prudential standard will take effect on ...

Banks shift gears on technology spend

LAURA MILLAN  |  MONDAY, 3 JUN 2013
After years of technology investment focused on developing infrastructure, banks and fund managers are pinning their hopes on better customer-centric IT solutions to gain market share. "Technology is going to be paramount for this industry," Colonial ...

March sees moderate growth in super contributions

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
Contributions to superannuation funds were moderate in March, with discretionary contributions growing strongly, but compulsory flows slightly falling. The latest Bond Report by the Financial Services Council (FSC) shows that discretionary contributions ...

Two Storm victims to receive $1.1m in compensation

MARK SMITH  |  WEDNESDAY, 29 MAY 2013
BOQ, Senrac and Macquarie have agreed to pay $1,100,000 in compensation for losses made by former Storm investors Barry and Deanna Doyle. The figure was calculated by independent experts and Australian Securities and Investment Commission (ASIC) under ...