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Showing 4161 - 4170 of 7101 results for "June 2011"

Ex-Kangaroo and Storm adviser banned for non-compliance

MARK STORY  |  MONDAY, 3 DEC 2012
ASIC has permanently banned a former Storm Financial Ltd financial adviser from providing any financial services after it found he had engaged in misleading and deceptive conduct and failed to comply with financial services laws. Walter John (Wally) ...

Market Wrap

AAP  |  THURSDAY, 29 NOV 2012
The Australian market is slightly higher after US politicians indicated they were willing to work together to ensure the economy didn't fall off the "fiscal cliff". At 1019 AEDT, the benchmark S&P/ASX200 index was up 0.8 points, or 0.02 per cent, at ...

Market wrap AM

AAP  |  THURSDAY, 29 NOV 2012
The Australian market looks set to open higher following Wall Street gains on optimism the looming "fiscal cliff" of automatic tax rises and spending cuts threatening the US with recession can be avoided. At 0643 AEDT on Thursday, the December share ...

CareSuper to shed mandates

BEN COLLINS  |  WEDNESDAY, 28 NOV 2012
At least $3.4 billion worth of investment mandates will be evaluated by CareSuper when it decides which ones it no longer needs after a recent merger. In October this year industry funds CareSuper and Asset Super completed a tie-up which led to the ...

Challenger ready for new capital rules

BEN COLLINS  |  TUESDAY, 27 NOV 2012
Uncertainties around extra capital requirements have been resolved and should ease pressure on Challenger's share price, confirmed the annuities' provider's chief executive Brian Benari yesterday "Uncertainty in relation to the impact of the new standards ...

Future Fund to buy airport assets

BEN COLLINS  |  MONDAY, 26 NOV 2012
A suite of minority investments in airports in Australia and Europe has been picked up by the Future Fund under a new agreement. In a statement released today the Future Fund's board of guardians said it had agreed to buy all the assets in the Australian ...

DUET Group approves internal management

BEN COLLINS  |  MONDAY, 26 NOV 2012
Plans announced in July to internalise the management of Macquarie and AMP Capital-owned utilities investor DUET Group have been approved by the listed fund's shareholders. Macquarie and AMP Capital now hope to internalise DUET's management arrangements ...

Banksia serves as a warning

BEN COLLINS  |  THURSDAY, 22 NOV 2012
Failed non-bank lender Banksia Securities should serve as a warning for people investing in mortgage debentures, said Atchison Consultants. Banksia Securities and the related Cherry Fund Limited which recently went into receivership are mortgage debenture ...

Super FUM up 13%

ALEX DUNNIN  |  THURSDAY, 22 NOV 2012
Super fund assets climbed 13.1% in the 12 months to the end of September on the back of the post-June share market rally that alone boosted super assets by 5.2%. The figures are contained in APRA's latest quarterly superannuation performance statistics ...

Retirees must invest in equities: State Street

MARK SMITH  |  THURSDAY, 22 NOV 2012
Newly retired investors shouldn't underestimate the value of having growth assets in their portfolio, according to State Street Global Advisers (SSgA). Typically when saving for retirement investors are advisers to gradually step back their exposure ...