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

Search Results

Showing 4231 - 4240 of 4962 results for "MIS"

BNY Mellon apologises for pension mistake

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
BNY Mellon has apologised to New York City Teachers' Retirement System (TRS) participants after a processing error resulted in the firm pulling funds from their bank accounts. BNY Mellon has returned the funds after it reversed deposits made to participants' ...

Advisers want to keep commissions: research

COMPANY RELEASE  |  MONDAY, 30 NOV 2009
Nearly two thirds of financial advisers don't believe commissions should be stamped out, according to research from CoreData that polled over 200 advisers and practice principals. Following the release of the Ripoll Inquiry earlier this month, the research ...

ASIC presses on with Westpoint compensation

ASIC RELEASE  |  MONDAY, 30 NOV 2009
ASIC has reached an agreement to settle class actions against Bongiorno Financial Advisors, which has links to the failed Westpoint Group. An ASIC statement late last week noted that the watchdog had agreed to settle actions against Melbourne-based ...

Liar, liar, hedge funds on fire

MICHELLE BALTAZAR  |  WEDNESDAY, 25 NOV 2009
Rogue hedge funds will lie, cheat and connive to get investor money, and while the regulators lack muscle to stop them, there are ways for pension funds to quickly spot the next Madoff. Professor Stephen Brown, a top academic who presented at a hearing ...

Sell dollars to buy stocks

BENJAMIN ONG  |  FRIDAY, 20 NOV 2009
Thud! Thud! Thud! This is the sound of my head banging on my desk. For I'm confused - really very confused. Wall Street again dropped big time last night - well to be more accurate, just bigger than the smaller daily falls we've gone accustomed to over ...

Men's contribution to superannuation

ALEX DUNNIN  |  THURSDAY, 19 NOV 2009
Today,19 November, is the 10th International Men's Day and it's time to celebrate the contribution of men to superannuation and wealth management. Men invented superannuation, lead the fight for universal age pensions around the world, designed the ...

Equities could deliver zero returns: JANA

MICHELLE BALTAZAR  |  WEDNESDAY, 11 NOV 2009
JANA's longtime investment expert, Ken Marshman, predicts there's a 25 per cent chance that equities as an asset class will deliver low to zero returns over the next 10 years - a grim reality that should spur trustees to start lowering the risk in their ...

Cooper stalls APRA data review

ALEX DUNNIN  |  TUESDAY, 10 NOV 2009
The launch of the Cooper Review has done what 18 months of lobbying by retail interest groups and dozens of academic and rebuttal papers couldn't - it forced a halt to APRA's review of its superannuation statistics. In a statement issued late last week ...

Years of living dangerously

MICHELLE BALTAZAR  |  MONDAY, 9 NOV 2009
Australians earning $60,000 a year or less could be forced to live on half that income when they retire, if the Government makes changes to super that "unintentionally" disadvantages low to middle-income earners. Industry body ASFA challenged new Treasury ...

Perpetual signs UN PRI

COMPANY RELEASE  |  FRIDAY, 6 NOV 2009
Perpetual Investments joins the raft of major fund managers that have signed up to the United Nations Principles for Responsible Investment (PRI). As a signatory, Perpetual Investments must formally incorporate environmental, social and governance (ESG) ...