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Highly educated SMSF investors prime fraud targets

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
Australian men aged over 50, highly educated, financially literate and managing their own super are the most likely victims of organised investment fraud, according to a new report from the ACC. Minister of Justice Jason Clare yesterday released the ...

Market Wrap

AAP  |  TUESDAY, 10 JUL 2012
... two-year low point in volatile deals before a key eurozone finance meeting. London's FTSE 100 index slipped 0.62 per cent to close at 5,627.33 points on Monday. Frankfurt's DAX 30 was off 0.35 per cent at 6,387.57 points and in Paris the CAC 40 edged ...

Market Wrap

AAP  |  MONDAY, 9 JUL 2012
... through from that," Ms Ordway said. "Lot of stock sells have been triggered at the open. "It's back to risk off." At the close of trade on Friday the Dow Jones Industrial Average was down 124.20 points (0.96 per cent) to 12,772.47 after a disappointing ...

Market Wrap

AAP  |  MONDAY, 9 JUL 2012
... China, and focused instead on disappointing jobs data in the United States. London's benchmark FTSE 100 slid 0.53 per cent to close at 5,662.63 points, Frankfurt's DAX 30 shed 1.92 per cent to 6,410.11 points and in Paris the CAC 40 lost 1.88 per cent ...

Two cuts and a top up

BENJAMIN ONG  |  FRIDAY, 6 JUL 2012

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
... and Costco Wholesale fell less than one per cent after reporting that sales rose less than analysts were expecting. At the close the Dow Jones Industrial Average was down 47.15 points, or 0.36 per cent, to 12,896.67 points. The S&P 500 index lost 6.43 ...

Market Wrap

AAP  |  THURSDAY, 5 JUL 2012
... essentially unchanged at 5,684.47 points. US markets were closed for the July 4 Independence Day public holiday. Prior to the close in a holiday-shortened trading session, shares were boosted by reports of strong June sales from the leading US auto makers. ...

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
The Australian sharemarket has opened more than three quarters of a per cent higher, following strong leads on Wall Street. At 1017 AEST on Wednesday, the benchmark S&P/ASX200 index was up 31.6 points, or 0.77 per cent, at 4,158.8, while the broader ...

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
The Australian market looks set to open higher after US and European bourses rose on hopes the European Central Bank and the Bank of England would introduce new stimulus measures this week and reports of strong June sales from the leading US auto makers. ...

AMP SMSF recruits Super Concept's Jameson

MELANIE TIMBRELL  |  TUESDAY, 3 JUL 2012
Former Super Concepts managing director Craig Jameson has signed with AMP's newly formed business unit, AMP SMSF. Jameson will take the title of director business operations and be responsible for setting up AMP SMSF's business operations, including ...