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Showing 3911 - 3920 of 5919 results for "March 5 2013"

Fund flows push life risk market to $9.5b

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
Life risk insurance is enjoying steady growth and group risk sales have jumped as large deals change hands, latest figures show. Risk premium inflows increased to $9.5 billion in the year to March, an increase of 10.4% over the $8.6 billion collected ...

Investor eyes fixing on fixed interest

ALEX DUNNIN  |  THURSDAY, 21 JUL 2011
Demand for investments that deliver stable reliable income streams will push demand for inflation linked bonds, said a fixed interest manager trying to cash in on the sector. Omega Global Investors, a boutique manager part owned by the Macquarie group ...

Opes Prime directors admit guilt

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
Lirim Emini and Anthony Blumberg, the former directors of Opes Prime Stockbroking (OPSL), pleaded guilty to charges related to the collapse of the company in 2008, which left around $630 million owed to creditors. Facing charges brought by ASIC in front ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 JUL 2011
The Australian dollar was higher at noon, after dipping briefly on concerns the central bank has softened its outlook for domestic interest rates. At 1200 AEST on Monday, the Australian dollar was trading at 106.33 US cents, up from from 106.00 US cents ...

Super fund director taken to court for fees

ALISON BEVEGE  |  MONDAY, 18 JUL 2011
An industry superannuation fund director and union boss is being taken to court for the board fees he earned, by another state secretary of his union. Dean Mighell, Victorian secretary of the Electrical Trades Union (ETU), lodged a statement of claim ...

Cost of living outpacing retirement incomes

ELISE BURGESS  |  FRIDAY, 15 JUL 2011
Retirement incomes need to grow by $600 per year to comfortably keep pace with rising costs of living, new figures have confirmed. Costs climbed by 1.3% in the March quarter this year from the December quarter 2010, according to the Association of Super ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 JUL 2011
The Australian share market is set for a weaker start today as debt concerns in the United States and Europe saw markets fall despite some positive US economic news. At 0754 AEST the local September share price index futures contract was down nine points ...

Govt invites input on move to halve tax on savings

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Financial advisers, superannuation funds and funds managers have the chance to comment on the Federal Government proposal to halve taxes on interest income. Minister for Financial Services Bill Shorten has released a discussion paper outlining the move ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUL 2011
The Australian share market is set for a slightly higher start after China's economic growth and comments from the US Federal Reserve that it is prepared to renew stimulus fuelled gains overseas. At 0752 AEST the local September share price index futures ...

IOOF tweaks platform risk insurance for super

ALISON BEVEGE  |  WEDNESDAY, 13 JUL 2011
Financial services company IOOF has introduced changes to its platform risk insurance for superannuation, it said today. The firm, which had $104.5 billion in funds under advice and management as of March 31, said it had collaborated with TAL Life Limited ...