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

Search Results

Showing 5591 - 5600 of 7101 results for "June 2011"

Complaints on the rise: FOS

MICHELLE BALTAZAR  |  WEDNESDAY, 10 DEC 2008
The Financial Ombudsman Service (FOS) is urging financial services providers to invest more in staff and systems to deal with client complaints after it found a high 23 per cent increase in the number of new disputes this year. FOS has released its ...

Westpac NZ hires NAB exec for CEO

MICHAEL HOBBS  |  FRIDAY, 5 DEC 2008
Westpac New Zealand appointed NAB executive general manager, George Frazis as chief executive. Frazis starts his role in April and replaces acting Westpac New Zealand chief executive, Bruce McLachlan who has held the role since June. McLachlan will ...

Planners spared AMP job cuts

RUTH LIEW  |  TUESDAY, 2 DEC 2008
AMP is axing 46 staff from its financial planning and advisory business - but the company confirms that its planners are safe and business operations will continue as normal. "There will be no impact on planner numbers," said an AMP spokeswoman. "We ...

Mr. Scrooge's Ghosts

BENJAMIN ONG  |  TUESDAY, 2 DEC 2008
It's official. The US is - or has been - in recession since December 2007. Now what? The Business Cycle Dating Committee of the US National Bureau of Economic Research (NBER) announced that America's economy entered recession one year ago, despite not ...

CalPERS grows green strategies

RUTH LIEW  |  WEDNESDAY, 26 NOV 2008
If you can't stop the financial crisis, then stop global warming and make money while doing it - much like how the US' biggest pension fund CalPERS has reduced 13.3 per cent of its energy use in 2007 and boosted its bottom line. The $278 billion California ...

Innovators, imitators and idiots

ALEX DUNNIN  |  MONDAY, 24 NOV 2008
Yale Endowment wannabes trying to emulate their heroes with high exposures to timber products pushed up prices to 30 times pre-tax cash flow, setting them up for big falls in 2009. The frenzy, reported by Barron's, a newsletter published by the Wall ...

Advisors more important than ever: Sherry

RUTH LIEW  |  FRIDAY, 21 NOV 2008
The global financial crisis has thrust the importance of advisors into the limelight - highlighting their roles in safeguarding the wealth and superannuation savings of Australians, according to the Minister for superannuation and corporate law, Senator ...

Quattro fund on ice

MICHAEL HOBBS  |  FRIDAY, 21 NOV 2008
Quattro Asset Management has shelved plans to launch of its capital protected structured product Vault 08 and shifted its focus to buying long short equity strategies. David Adiseshan, Quattro Asset Management executive director, said Vault 08 managed ...

Responsible investments still in vogue

RUTH LIEW  |  WEDNESDAY, 19 NOV 2008
Investors have pumped $4.1 billion into responsible investments in the last year, bringing the sector's figures to $57.1 billion, according to the Responsible Investment Association Australasia. The Responsible Investment 2008 report found that broad ...

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
Those of you who still remember the 'Maestro' - former US Federal Reserve Chairman Alan Greenspan - would also recall one of his musings, the long-term interest rate conundrum. In his testimony before the US Congress in February 2005, Greenspan declared ...