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Showing 6511 - 6520 of 9322 results for "Red"

Insurance lapses impact on NAB Wealth results

BEN COLLINS  |  THURSDAY, 10 MAY 2012
National Australia Bank has released its 2012 Half Year Results, with NAB Wealth's cash earnings before IoRE down $10 million or 3.7% compared to March 2011, predominantly the result of an increase in insurance lapses. Compared to the September 2011 ...

Market Wrap

AAP  |  WEDNESDAY, 9 MAY 2012
Australian shares opened lower after falls on Wall Street and the absence of an expected company tax reduction in the federal budget. At 1022 AEST on Wednesday, the benchmark S&P/ASX200 index was down 21.2 points, or 0.49 per cent, at 4,352.7 points ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
The St. John report on compensation arrangements for consumers of financial services recommends strengthening existing compensation arrangements before implementing a 'last resort' scheme. The Compensation Arrangements for Consumers of Financial Services ...

Australia's finely balanced $376bn budget

ALEX DUNNIN  |  WEDNESDAY, 9 MAY 2012
Australia's $376 billion government budget announced last night included a forecast $1.5 billion surplus in 2012-13 that will increase steadily to $7.5 billion over the next four years. This turnaround in Australia's fiscal position is remarkable given ...

Budget: Super changes risk sound investment

MELANIE TIMBRELL  |  WEDNESDAY, 9 MAY 2012
A two-year deferral of the increased super concessional contributions cap for over 50s risks derailing efficient investment and exacerbating member disengagement, according to industry reaction following last night's Budget. Representing a saving of ...

Ausgrowth unitholders revolt against APGF

BEN COLLINS  |  WEDNESDAY, 9 MAY 2012
Nearly 1000 unitholders invested in four property funds, the remaining part of the Austgrowth property syndicates portfolio, have called meetings to remove the fund manager and Responsible Entity, APGF Management and install Cyre Trilogy Group. The ...

Insurance bonds offer tax effective strategy

LINDA HAUSKEN  |  TUESDAY, 8 MAY 2012
Insurance bonds are an option for investors looking to reduce their taxable income and grow their wealth outside of superannuation, according to IOOF. "Investment bonds work particularly well as a complimentary wealth accumulation strategy," said Damian ...

New advice agreements ensure advisers are FOFA ready

BEN COLLINS  |  MONDAY, 7 MAY 2012
RI Advice Group has redesigned adviser agreements to give advisers a competitive advantage post-FOFA. "FOFA will lead to significant changes for the financial advice industry so all forward thinking businesses need to assess their practices and be FOFA-ready," ...

Market wrap

AAP  |  FRIDAY, 4 MAY 2012
Australian stocks remained weaker at noon as investors reduced their exposure to riskier investments ahead of the release of important economic data in the United States. Commodities stocks weighed on the market, following a trend set on overseas markets ...

Insurance bonds back in favour

LINDA HAUSKEN  |  FRIDAY, 4 MAY 2012
Insurance bonds are back in favour as new entrants and old providers are returning with updated products and expansive investment menus, said Ross Higgins, Austock managing director. Higgins was speaking at the fourth installment of Financial Standard's ...