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Showing 4641 - 4650 of 6940 results for "% December"

Credit unions and super funds show same merger trends

ALISON BEVEGE  |  WEDNESDAY, 30 MAR 2011
At least 10 credit unions are in merger talks with superannuation funds set to follow as the financial services sector consolidates, Australian Central Savings & Loans director Terry McGuirk said yesterday. Speaking at a forum on fund mergers at the ...

AXA releases new North

ELISE BURGESS  |  TUESDAY, 29 MAR 2011
AXA has officially launched its next generation of the North platform, revealing the upgrade to over 2,000 advisers on its roadshows this week. As previously reported by Financial Standard, the North's new generation platform builds on the capital guaranteed ...

Rogue trader banned for four years

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
A rogue forex trader has been banned for four years by Australia's corporate watchdog after fleecing the savings of six Gold Coast residents through a pooled fund. Andrew Mark Perkin must not provide any financial products or services under the enforceable ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 MAR 2011
The Australian stock market has received positive leads from the US and Europe overnight, as investors overlooked a litany of bad news. At 0905 AEDT, the June share price index contract was up 28 points at 4,750 points, on volume of 4,457 contracts. ...

Investors in line for Fincorp payout

MATT WOODINGTON  |  THURSDAY, 24 MAR 2011
More than 5000 investors look set to be compensated for their losses from Fincorp Investments, after the Federal Court of Australia authorised the release of details of the compensation scheme. A proposed multi-million dollar settlement that will include ...

Platforms bounce back after GFC

ALEX DUNNIN  |  TUESDAY, 22 MAR 2011
Platform funds under administration (FUA) by end December 2010 reached $397 billion, just below its pre-GFC $400 billion 2007 peak, meaning that as terrible as the GFC fallout was, it only set back Australia's wealth creation plans by two years. The ...

Standard Life hires top Macq director

ALISON BEVEGE  |  FRIDAY, 18 MAR 2011
Standard Life Investments has hired Macquarie Global Investments' Craig Aspinall as investment director. He will develop the Australian arm of the Edinburgh-based global investment giant from its Sydney office. Aspinall, once a financial planner, joins ...

Senior departures at Acadian

ALISON BEVEGE  |  THURSDAY, 17 MAR 2011
The departure of two senior portfolio managers will not affect the rating of five Acadian Asset Management funds, ratings firm Standard & Poor's said yesterday. The recent loss of Terry Burnham, director of portfolio management and Qi Zeng, portfolio ...

Ratings houses silent on Japan fund fallout

ALISON BEVEGE  |  WEDNESDAY, 16 MAR 2011
Research houses Morningstar, Lonsec and Standard and Poor's say it is too early to tell what the fallout from the Japan earthquake disaster will be on the superannuation industry. Financial markets have been roiled, affecting super fund investments. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 MAR 2011
The Australian market has received negative leads from world equity and commodities markets as the sell-off continues due to the nuclear danger looming in Japan. However on the ASX 24 at 0736 AEDT, the March share price index futures contract was up ...