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Not the biggest loser

BENJAMIN ONG  |  SUNDAY, 18 MAR 2012

Industry execs head to UK for charity marathon

RACHEL DAVIS  |  FRIDAY, 16 MAR 2012
Three senior AMP executives will lace up their running shoes next month and take part in the London marathon to raise money for the Prostate Care Foundation. Paul Harrop, Adrian Emery and Paul Williams will be joined by a team of other senior executives ...

Investorfirst CFO resigns

CLAIRE MCGREAL  |  FRIDAY, 16 MAR 2012
... following the resignation of Ariel Sivikofsky, who has been in the role since December 2010. Sivikofsky, who will finish up next month, has also resigned as joint company secretary, with Andrea Steele staying on in this position. In a statement to the ...

When optimism rains, it pours

BENJAMIN ONG  |  THURSDAY, 15 MAR 2012
... According to Reuters: "The UK economy will avoid a return to recession and grow 0.6 percent this year and a healthy 1.6 percent next." "...the battered euro zone is seen emerging from recession next quarter, with tepid growth through to the end of next ...

Take advantage of current concessional caps: OnePath

CLAIRE MCGREAL  |  WEDNESDAY, 14 MAR 2012
... strategy at OnePath, who said current legislation will see contribution caps drop from the current $50,000 to $25,000 for the next financial year. "Why it is particularly timely right now to be having this conversation is that we don't have legislative ...

Xenophon targets super funds for greater transparency

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
... of APRA's new prudential standards for superannuation funds. Senator Xenophon's draft legislation is expected within the next month, with consultation to be sought prior to introducing the legislation to the Senate.

Gen Y aiming high: REST

CLAIRE MCGREAL  |  TUESDAY, 13 MAR 2012
... would happen when they turned 30. While 32% didn't think they would ever earn that amount. From a career perspective over the next 10 to 15 years, 29% of Gen Ys surveyed thought they would build a great career, with 14% predicting they would head up ...

Market Wrap - Midday

AAP  |  FRIDAY, 9 MAR 2012
... $47.77. Elsewhere in the financial sector, insurer IAG was up six cents at $3.26 after it said it would cut 600 jobs over the next three years as part of a restructure of its CGU business. Qantas shares fell five cents to $1.675 after its plans for a ...

Greece still matters

BENJAMIN ONG  |  FRIDAY, 9 MAR 2012
... to the IMF's positive assessment of Portugal. According to Bloomberg, "Portugal should be able to return to bond markets next year and private creditors aren't expected to take writedowns on the nation's debt, the head of the International Monetary Fund's ...

Franklin Templeton plans retail growth

CLAIRE MCGREAL  |  THURSDAY, 8 MAR 2012
... successful industry," he explains. McKay said Franklin Templeton expects to make announcements on their expansion plans in the next four-six weeks, and envisages they will come on stream this year. The proposed FOFA legislation has also seen advisers ...