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Showing 4641 - 4650 of 6515 results for "Jul"

Market Wrap - Midday

AAP  |  THURSDAY, 15 DEC 2011
Australian stocks extended their losses as a slew of downgrades to European banks and fears that France may soon follow sent offshore bourses tumbling overnight. Ratings agency Fitch has downgraded major banks Credit Agricole and Rabobank on the back ...

Franklin Templeton hires ex-INGIM head

ELISE BURGESS  |  THURSDAY, 15 DEC 2011
Fund manager Franklin Templeton has made three new appointments including ING Investment Management's former head of distribution, Jim McKay, as its director of advisory services as the firm expands its staff numbers. In the new role, McKay will be ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 14 DEC 2011
Australian stocks are down after a survey found consumer confidence dropped to its lowest level since August, despite two consecutive cash rate cuts by the central bank. The Westpac/Melbourne Institute Index of Consumer Sentiment fell by 8.3 per cent ...

Sevior will not return: Perpetual

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
Perpetual Investments has officially announced that its former star manager, John Sevior, will not return to his role as head of equities but will explore new career ventures for himself. Confirmed today by Cathy Doyle, Perpetual's group executive equities ...

NGS Super embraces after-tax benchmarking with FTSE ASFA

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
NGS Super has adopted an after-tax benchmark from the industry standard FTSE ASFA Australia Index Series for its $1.3 billion Australian equity portfolio. Using this benchmark, NGS Super will apply an income tax rate for superannuation funds but will ...

ASIC releases FOFA guidance plan

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
ASIC will release regulatory guidance on best interest duty, scaled advice, conflicted remuneration and ASIC powers before July 1 2012, the regulator said today. The Australian Securities and Investments Commission (ASIC) has released its regulatory ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
It was the summit touted as the one to end all summits. But nah! As Daryll Kerrigan in the "The Castle" would say, "tell him he's dreaming". Five Plans done, "n" to go. Last weekend's European Summit produced something - well, sort of - and the equity ...

Market Wrap

AAP  |  THURSDAY, 8 DEC 2011
Australian shares slipped after disappointing employment data added to an already negative trend as doubts linger over the outcome of a crucial eurozone debt crisis summit. Australia's unemployment rate rose to 5.3 per cent in November as the number ...

SMSF sector tackling misconceptions

ELISE BURGESS  |  WEDNESDAY, 7 DEC 2011
Common misconceptions about SMSFs and upcoming draft legislation are all playing a part in shaping this sector for 2012, with borrowing, auditors and sector growth impacting on the entire super industry. Peter Burgess, technical director for the Self-Managed ...