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Market wrap

AAP  |  THURSDAY, 13 JUL 2006
... end at 16,522.21. WELLINGTON - The benchmark NZX closed up 6.62 points to 3669.77 on solid turnover led up by a revival in top stock Telecom.

Fiducian adds advisers SMSF course

KATE HAGE  |  WEDNESDAY, 12 JUL 2006
... Service's advisers will complete a self-managed superannuation fund training course that is currently being encouraged by ASIC on top of PS 146. Technical services manager, Scot Andrews, said that because the area is a more technical one, the extra training ...

Small caps can keep on delivering: Pengana

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
... despite the fund not investing in the booming small cap resources sector. "I guess the key with our numbers is we're in that top quartile even though we're not in resources, which is where most of our competitors are invested in - it's almost a third ...

Market wrap

AAP  |  TUESDAY, 11 JUL 2006
... 15,552.81. HONG KONG - Stocks rose 0.88 percent to their highest closing level in nearly eight weeks, as investors bought shares in top lender HSBC Holdings Plc. amid an improving outlook on interest rates. The benchmark Hang Seng index rose 144.03 points ...

ACSI praised for corporate governance campaign

HAMISH MADDEN  |  MONDAY, 10 JUL 2006
... Michael O'Sullivan has been elected to the board of the International Corporate Governance Network (ICGN). ACSI was awarded the top honour at the annual ICGN conference in the US, "specifically for its leadership in the News Corporation campaign." ACSI ...

Time for another Wallis Inquiry

A leading academic has challenged the government's four pillar policy and called for a major review of the country's financial system akin to the scale of the 1996-97 Wallis Inquiry. Professor Ian Harper, executive director of the Centre for Business ...

Dow Jones launches Aussie dividend index

... 80 per cent. The weighting of individual stocks is capped at 10 per cent of the index at any one time. For its debut, the top five companies in the index are Tishman Speyer Office Fund, Transurban Group Macquarie Goodman Group, Sims Group and Westfield ...

International funds on the up: Lonsec

HAMISH MADDEN  |  THURSDAY, 6 JUL 2006
... named five funds as highly recommended as well as affirming a general improvement in the sector. The five funds to score the top highly recommended rating were the AXA Global Equity Value Fund, the Barclays International Share Fund, the Zurich International ...

Industry funds target top end with TV campaign part 2

KATE HAGE  |  THURSDAY, 6 JUL 2006
High net worth individuals are among the broader television audience that can expect to be targeted in round two of the controversial industry superannuation funds campaign that first aired on national television last year. The new campaign will feature ...

MTAA Super launches its own pension products

ALEX DUNNIN  |  WEDNESDAY, 5 JUL 2006
Top ranking industry super fund MTAA Super has announced the launch of its own allocated and term allocated pension funds. "A significant number of our members are over 53 years of age and that's why we've created the pension options," said John Jones ...