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Showing 4301 - 4310 of 6265 results for "DET"

Market Wrap PM

AAP  |  MONDAY, 27 MAY 2013
Australian stocks have opened weaker, with David Jones among the worst performers after the department store chain posted a decline in third quarter sales. The retailer's third quarter sales fell by 2.2 per cent from the same period last year to $399.8 ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
At the Actuaries Summit held in Sydney this week, Professor Anthony Asher of the Actuaries Institute's Retirement Income Working Group stressed the need to develop a "vibrant annuity market", in line with much of the rest of the world. "It's very difficult ...

No scale effect in US endowment returns

ALEX DUNNIN  |  THURSDAY, 23 MAY 2013
A 2012 study into US endowment fund returns revealed that investment scale is not a strong factor for determining investment outcomes. The 2012 National Association of College and University Business Officers (NACUBO) and Commonfund Institute's Study ...

Yuan to float free, in our dreams

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2013

SuperStream data standards superficial

ALEX DUNNIN  |  TUESDAY, 21 MAY 2013
SuperStream's data standards only superficially deal with how gateways will interact with each other, according to the SuperStream Gateway Project (SGP). In a newsletter to stakeholders this week the group wrote: "the SuperStream data standards only ...

The Trust Company rules out EQT takeover

MARK SMITH  |  MONDAY, 20 MAY 2013
The Trust Company looks set to become part of Perpetual after its board unanimously agreed the asset manager's offer was "superior" to a counter bid from Equity Trustees (EQT). In an announcement to the Australian Securities Exchange (ASX), The Trust ...

Enshrinement of "financial planner" closer to becoming law

MARK SMITH  |  THURSDAY, 16 MAY 2013
The terms "financial planner" and "financial adviser" took a step closer to being enshrined in law after a Parliamentary Joint Committee (PJC) was asked to provide a report on the issue. With the Coalition confirming they would not oppose the bill ...

Super industry urged to increase transparency: ASFA

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia (ASFA), has urged the superannuation industry to think about its position as a "compulsory business", and how this may affect client perception. Speaking at the Financial ...

Down, down, dollar down

BENJAMIN ONG  |  MONDAY, 13 MAY 2013
Down, down A$ is down. Here's looking at you, parity. Was it the Reserve Bank of Australia (RBA)'s 25 basis pint reduction in the official cash rate last week and RBA Governor Stevens' promise to do more "should that be necessary to support demand" ...

The Trust Co recommends Perpetual merger

LAURA MILLAN  |  FRIDAY, 10 MAY 2013
The Trust Company board has recommended unanimously that its shareholders support the Perpetual proposal to acquire 100% of its shares. The Perpetual proposal would result in shareholders receiving 0.1495 Perpetual shares for each share held in The ...