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Showing 4191 - 4200 of 6251 results for "December 29"

Retail bank deposits hit $62bn in Dec qtr

ALEX DUNNIN  |  WEDNESDAY, 9 MAR 2011
Driven by high at-call interest rates and the post-GFC austerity wave, consumers are flocking to retail deposit accounts with $62 billion deposited in the December quarter alone. The surge pushed bank deposit holdings to $1.5 trillion, 15 per cent more ...

CFS names new advice head

ELISE BURGESS  |  TUESDAY, 8 MAR 2011
Colonial First State (CFS) appoints Marianne Perkovic, currently the CFS general manager of distribution, as the new head of advice, filling the gap left by Paul Barrett last month. Perkovic starts her new role next week as head of the CFS advice business ...

Good jobs

BENJAMIN ONG  |  MONDAY, 7 MAR 2011
The sun is shining, the sky is blue and everything is fine except... it's not fine enough. Wall Street was so sure heading into the February US non-farm payrolls report that the data will confirm improving labour market conditions in America. All the ...

Australian Unity issues $80m debt

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
Australian Unity has issued $80 million worth of new bonds to raise capital. The five-year debt securities will be listed on the Australian Securities Exchange (ASX), with an issue price and face value of $100 each, the company said. The offer is expected ...

Annuities help combat longevity risk: Cooper

ELISE BURGESS  |  FRIDAY, 4 MAR 2011
Jeremy Cooper, the newly appointed chair of Challenger Retirement Income, spoke at an adviser roadshow about the threats of longevity, inflation and market risks on retirement savings, raising concerns that most portfolios are too equities-focused in ...

Gap widens for women's super

ALISON BEVEGE  |  WEDNESDAY, 2 MAR 2011
The average superannuation gap between women and men widened in the six months to June according to latest figures from AMP, analysed by Access Economics. Average fund balances for men rose from $43,840 to $54,061, an increase of 23.3 per cent for the ...

Board changes at Wilson HTM

ALISON BEVEGE  |  WEDNESDAY, 2 MAR 2011
Wealth management firm Wilson HTM Investment Group has announced a board reshuffle with key changes to its executive leadership team. Steven Wilson, recently a director of Hyperion Flagship Investments Limited, has taken over as group managing director ...

Three and a half men

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2011
Wall Street welcomed March with a big drop with the three major indices down about 1.5 per cent on the day. Oh boy, here we go again. News services were all over the place blaming the renewed spike in crude. Oil spiked - again! - because of reports ...

Strong returns boost super balances: AMP

ALISON BEVEGE  |  TUESDAY, 1 MAR 2011
Good fund returns plus a strong economy have helped superannuation balances to recover from the financial crisis, exceeding their 2007 levels for the first time according to the latest data released by AMP today. Average balances increased by 11.4 per ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 MAR 2011
The Australian dollar was higher on Tuesday, as the market waits on the results of the central bank's board meeting later in the day. At 1200 AEDT on Tuesday, the local unit was trading at 101.93 US cents, up from 101.75 cents on Monday. Since 0700 ...