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Showing 5531 - 5540 of 10706 results for "May 2012"

EOFY means new laws and new products

DARREN SNYDER  |  WEDNESDAY, 1 JUL 2015
The new financial year rings in several legislative changes affecting the superannuation industry, including SuperStream, early access to super for terminally ill patients and new significant investor visa (SIV) rules. The Australian Tax Office (ATO) ...

IOOF advice firm jumps ship to Fitzpatricks

LAURA MILLAN  |  WEDNESDAY, 1 JUL 2015
An advice firm licensed under IOOF-owned Lonsdale has changed dealer groups and moved to non-aligned Fitzpatricks Private Wealth. Hobart-based Main Street Financial Solutions is licensed under Fitzpatricks starting July 1, 2015, principal Charles Badenach ...

Australian shares up on first day of fin year

AAP  |  WEDNESDAY, 1 JUL 2015
The Australian share market has begun trading in the new financial year with gains with investors appearing happy to take a break from the recent sell-offs. The Greek debt crisis is not yet resolved but hope remains of a resolution with talks with Eurozone ...

CommInsure annuities listed on CFS wrap platforms

LAURA MILLAN  |  TUESDAY, 30 JUN 2015
CommInsure annuities are now available via the FirstChoice and FirstWrap platforms as the provider aims to bring them to the broader consumer market. The move, which was revealed by Colonial First State in May, allows advisers to combine more than one ...

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
A report to the Australian Securities and Investments Commission (ASIC) identifies that One Big Switch contained potentially false and misleading statements in recent insurance campaigns. Appointed by ASIC to review One Big Switch's compliance with ...

Instos overconfident on drawdown risks

LAURA MILLAN  |  TUESDAY, 30 JUN 2015
Institutional investors might be too confident that their downside protection strategies can cope with market drawdowns. A recent report by State Street Global Advisors (SSGA) found investors largely rely on a small number of downside protection strategies ...

D-day

BENJAMIN ONG  |  TUESDAY, 30 JUN 2015
... All Ordinaries index close today is anybody's guess. It's already lost 2.2% yesterday - the biggest one-day drop since 6 May (for stat lovers out there) - taking its 2015-to-date return to a measly 0.5%. The Commonwealth Bank of Australia's (CBA) 2.90% ...

Pension funds loading up on alternatives: BIS

DARREN SNYDER  |  MONDAY, 29 JUN 2015
Pension funds are loading up on alternative investments in response to declining asset returns according to an annual report from the Bank of International Settlements (BIS). Pension funds in the UK and US are reported to be driving the shift with the ...

Redpoint awarded MLC equities mandate

DARREN SNYDER  |  MONDAY, 29 JUN 2015
Redpoint Investment Management has been awarded a significant global equities index mandate from one of Australia's largest wealth managers, MLC Investments. Redpoint will manage the global shares strategy within the low-cost MLC Index Plus portfolios ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
"Talk to the hand"! With these words, Greek Prime Minister Alexis Tsipras spoiled my weekend. Not because I have money on Greece - I haven't got enough to buy a small bottle of booze - but more because Alexis proved wrong my musings that after all is ...