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Showing 3971 - 3980 of 6884 results for "Act2"

Market to open lower

AAP  |  TUESDAY, 26 MAY 2015
The Australian market looks set to open slightly lower after US and most European markets were closed for public holidays on Monday. At 0655 AEST on Tuesday, the June share price index futures contract was down four points at 5,722. Paris' leading CAC ...

Super rules for women still unclear

DARREN SNYDER  |  MONDAY, 25 MAY 2015
A federal parliament bill aiming to clear uncertainty around employers paying female staff more superannuation does not have support from the current government, Fairfax Media reports. In 2014 the Association of Superannuation Funds of Australia (ASFA) ...

Expert issues cyber-attack warning

MARK SMITH  |  MONDAY, 25 MAY 2015
The incoming New Payments Platform will leave financial institutions, including super funds and wealth managers, vulnerable to cyber criminals unless they upgrade their security, a fraud and cyber-crime expert has warned. Similar to the UK's Faster ...

Chief economist joins Sunsuper

ALEX BURKE  |  FRIDAY, 22 MAY 2015
Sunsuper has appointed a new chief economist. Brian Parker joins the $32 billion super fund from NAB Asset Management, where he was head of portfolio specialists. He has also held positions at MLC Investment Management, Citigroup Asset Management, Rothschild ...

Market to open higher after Wall Street record high

AAP  |  FRIDAY, 22 MAY 2015
The Australian market looks set to open higher after Wall Street hit another record high. At 0700 AEST on Friday, the June share price index futures contract was up 19 points at 5,685. Strong earnings from Best Buy and news that CVS Health would acquire ...

Instos demanding multi-asset alternative strategies

MARK SMITH  |  THURSDAY, 21 MAY 2015
Institutions' demand for alternative multi-asset real return strategies presents a cross-border opportunity for both Australian fund managers offshore and overseas fund managers at home. That was the conclusion reached by Perpetual following its recent ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
National Australia Bank (NAB) has upgraded the compensation program for victims of bad advice with the appointment of a consumer advocate. University of NSW professor of Law Dimity Kingsford Smith will act as a consumer advocate within NAB Wealth's ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...

Don't put all QE in the same basket: AXA

LAURA MILLAN  |  WEDNESDAY, 20 MAY 2015
The quantitative easing (QE) programs undertaken by the United States, Europe and Japan are essentially different from each other and investors should expect different economic impacts for each one of them. AXA Framlington head of Asia Mark Tinker said ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAY 2015
The Australian market looks set for a flat open after a sluggish lead from Wall Street. At 0656 AEST on Wednesday, the June share price index futures contract was up three points at 5,623. Locally on Wednesday, Reserve Bank deputy governor Philip Lowe ...