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Showing 5681 - 5690 of 9320 results for "Red"

Federal Court reduces Wealthsure compensation

STAFF WRITER  |  TUESDAY, 3 JUN 2014
The Federal Court has reduced the compensation amount that Wealthsure will need to pay to two of its former clients. The court determined that Wealthsure, financial adviser David Bertram and its directors are "concurrent wrongdoers in relation to the ...

ASIC budget cuts send the wrong message: Greens

LAURA MILLAN  |  MONDAY, 2 JUN 2014
Cuts to the funding of the Australian Securities and Investments Commission (ASIC) send the wrong message to would-be criminals, Greens Senator Peter Whish-Wilson said. Whish-Wilson spoke after ASIC chairman Greg Medcraft said that ASIC will have to ...

Going solo: Australian equity houses at risk of talent exodus

MARK SMITH  |  WEDNESDAY, 28 MAY 2014
Large Australian equity houses are at risk of losing their most talented stockpickers to solo projects, according to van Eyk Research. With a number of well-established Australian small cap managers at or close to full capacity, the investment research ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2014
Treasury has issued a discussion paper announcing a review into the period before which monies held in inactive bank accounts and life insurance policies are transferred to the government. In releasing the discussion paper this week, Finance minister ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
The Memorial Day holiday in the US must have put Wall Streeters in a good mood - they came back a-shopping and sent the S&P 500 index up to a fresh record high. As the Bellamy Brothers sang, "There's a reason for the sunshine sky there's a reason why ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

Raise preservation age with some exceptions: FSC

JAMES FERNYHOUGH  |  MONDAY, 26 MAY 2014
The Financial Services Council (FSC) is pushing for an increase in the preservation age to 65, but with early access measures for those who are unable to work to that age. The FSC said that, with the Age Pension eligibility age set to rise to 70 by ...

Equip slashes insurance premiums

MARK SMITH  |  MONDAY, 26 MAY 2014
Equip has announced cuts to premiums for its death and total and permanent disablement (TPD) cover and its salary continuance cover. Equip's chief executive officer Danielle Press said the reductions were the result of thorough examination of the fund's ...

FoFA changes to cost consumers millions

JAMES FERNYHOUGH  |  THURSDAY, 22 MAY 2014
Consumers could be $530 million a year worse off as a result of the proposed amendments to the Future of Financial Advice (FoFA) reforms, a report has found. The report, carried out by Rice Warner and commissioned by Industry Super Australia (ISA) ...

AMP reduces North Guarantee fees

JAMES FERNYHOUGH  |  TUESDAY, 20 MAY 2014
AMP has reduced the cost of the North Guarantee, allowing investors to shore up investment gains at a lower price. The announcement comes after superannuation fees came under scrutiny in a report by the Grattan Institute, which found Australians were ...