Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4121 - 4130 of 6251 results for "December 2002"

CBA's Norris to retire, Narev replaces

ELISE BURGESS  |  FRIDAY, 22 JUL 2011
Commonwealth Bank (CBA) chief executive, Ralph Norris, has announced his intention to retire in November this year with group executive of business and private banking, Ian Narev, named his successor. Narev has been with CBA since May 2007, during which ...

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 ...

Big six use advisers for sales while clients confused on independence

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Financial advisers aligned to major wealth-management firms are continuing to direct the majority of the funds they establish to their parent fund manager, a study released today by Roy Morgan Research has found. The Superannuation and Wealth Management ...

Hillross acquires $2.2 billion planning group

MATT WOODINGTON  |  WEDNESDAY, 13 JUL 2011
AMP affiliated planning group Hillross Financial Services has agreed to acquire IRIS Financial Group, winning a competitive process that attracted eight first round offers and saw four parties conduct due diligence. Hillross will provide licensee services ...

New mandate flows increasing but more cash lies in wait

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
Fund mandate appointments have increased to 582 in the year to March recovering to normal levels from the shock of the global financial crisis, latest research from Rainmaker Information shows. The latest edition of Rainmaker's Mandate Chaser has revealed ...

Trio director offers EU to APRA

ELISE BURGESS  |  MONDAY, 4 JUL 2011
Former Trio Capital Limited (Trio) director, Natasha Beck, has acknowledge her part in the firm's collapse and offered an enforceable undertaking to the Australian Prudential Regulation Authority (APRA), which it has accepted. Faced with a possible ...

Long-term strategies pay off for investors

ELISE BURGESS  |  WEDNESDAY, 29 JUN 2011
Long-term investment strategies offer better returns, while Australian equities are beating residential investment property as the best performing asset for the last 20 years. In the 13th Russell Investments/ASX Long-Term Investing Report, released ...

Advisers turn from managed funds to ETFs: BetaShares

ALISON BEVEGE  |  WEDNESDAY, 22 JUN 2011
The rise of exchange traded funds (ETF) is putting pressure on active fund managers and attracting financial advisers, according to a new ETF report released today. The BetaShares/Investment Trends ETF Report predicts that ETF investor numbers will ...

PIF Action Group lands Federal Court win

ELISE BURGESS  |  TUESDAY, 21 JUN 2011
The Federal Court has sided with the Premium Income Fund Action Group (PIFAG) against Brisbane-based Wellington Capital Limited, finding Wellington breached corporations law in its role as management and trustee for the Premium Income Fund. Yesterday ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
In case you missed it, former US Federal Reserve Alan 'el maestro' Greenspan has just declared Greece dead - well, almost. No way out. In an interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very ...