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Showing 3911 - 3920 of 7101 results for "June 2011"

Market Wrap

AAP  |  THURSDAY, 22 AUG 2013
Australian stocks are sharply lower as global markets continue to react to the latest news on stimulus tapering from the US Federal Reserve. At 1015 AEST on Thursday, the All Ordinaries was down 61.5 points, or 1.21 per cent, at 5,028. IG market analyst ...

Market Wrap

AAP  |  TUESDAY, 20 AUG 2013
Australian shares are lower as grim company outlooks and falls on international markets weigh down the market. At 1017 AEST on Tuesday, the All Ordinaries was down 49.7 points, or 0.97, at 5,052.6. CMC market analyst Michael McCarthy said the bleak ...

Investment income fuels life insurance sector

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
Life insurance industry figures released today by the Australian Prudential Regulation Authority (APRA) paint a picture of a robust industry albeit one preparing for some adjustment. In its June 2013 life insurance statistics report the regulator has ...

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
Challenger Limited's total assets under management (AUM) has risen 34% to $44.8 billion in the 12 months to 30 June 2013 following record flows into its annuities and funds management businesses. Earnings before interest and tax stood at $365 million ...

Performance fees boost K2 profits in 2013

MARK SMITH  |  MONDAY, 19 AUG 2013
K2 Asset Management has announced an after tax profit of $13.2 million and final dividend of 4 cents per share for the year to 30 June 2013, after strong investment performance triggered performance fees. In an announcement on the Australian Securities ...

SMSF contributions down 25%, AMP survey finds

JAMES FERNYHOUGH  |  MONDAY, 19 AUG 2013
Self-managed superannuation fund (SMSF) contributions fell by $12,300 the 2012-13 financial year, according to the Multiport SMSF Investment Patterns Survey June 2013. Multiport, an SMSF administrator and subsidiary of AMP, surveyed 1,950 of its client ...

Queensland adviser permanently banned

MARK SMITH  |  FRIDAY, 16 AUG 2013
A former Queensland financial adviser has been permanently banned by the Australian Securities and Investments Commission (ASIC) after an investigation found he provided inappropriate and unreasonable advice. ASIC's investigation found that between ...

Medical charges put pressure on retiree living costs

ALICE URIBE  |  FRIDAY, 16 AUG 2013
Significant price rises for medical and hospital services have led to a modest increase in the cost of living for retirees according to the latest Australian Superannuation Funds of Australia (ASFA) Retirement Standard figures. The figured for the June  ...

Market Wrap

AAP  |  FRIDAY, 16 AUG 2013
Australian shares are weaker as uncertainty about US stimulus measures hit Wall Street and local resource stocks. IG market analyst Stan Shamu said the local market opened 0.85 per cent weaker, following a 1.47 per cent slide on the Dow Jones Industrial ...

Platinum reports stellar result

MARK SMITH  |  THURSDAY, 15 AUG 2013
Listed investment company Platinum Capital saw its pre-tax net asset value (NAV) grow by 42.3% in the 12 months to 30 June 2013 while the Morgan Stanley Capital Index was up 30.5% over the same period. Total shareholder return measured in terms of company ...