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Showing 6551 - 6560 of 10709 results for "May 1997"

TASA may also affect industry super funds

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
As the financial services industry awaits MPs' position on the amendments to the Tax Agent Services Act (TASA) bill, industry superannuation funds have raised concerns that the legislation could also affect them. The Australian Institute of Superannuation ...

ClearView advisers up by 45%

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
ClearView Wealth has increased the number of authorised financial advice representatives by 45% and boosted its in-force life insurance premiums over the last year. The dealer group went from 70 advisers in June 30, 2012, to 102 in May 31, 2013, according ...

Will Australia escape an EM bond crisis?

JAMES FERNYHOUGH  |  WEDNESDAY, 19 JUN 2013
The high-yield emerging market (EM) bond market may be a bubble waiting to burst, but Australian bonds can escape this fate, according Fred Goodwin, macro strategist at State Street Global Markets. Since 2008, the high yields offered by EM bonds have ...

AIA extends IP insurance to target baby boomers

JAMES FERNYHOUGH  |  TUESDAY, 18 JUN 2013
Life insurance company AIA Australia has extended its Income Protection benefit to include workers up to the age of 70, as baby boomers work beyond the traditional retirement age. AIA will also include true level premiums to age 70 for life cover, TPD ...

No need to fear 1994-style crash

MARK SMITH  |  MONDAY, 17 JUN 2013
The US Federal Reserve will get their policy action right, and there is no need to fear a 1994-style crash in bonds, according to Fidelity Worldwide Investment head of quantitative research David Buckle. Global bonds and equity markets have shown signs ...

CBA launches MySuper compliant product

ALICE URIBE  |  MONDAY, 17 JUN 2013
The Commonwealth Bank (CBA) has targeted its small business and younger unadvised customers with the launch of a simple, low-cost superannuation offering. The product called, Essential Super, will be rolled out to CBA's customers from July 1, and is ...

Tyndall mulls World Equities retail launch

MARK SMITH  |  MONDAY, 17 JUN 2013
Tyndall AM is considering making its top-performing World Equities multi-manager fund available to Australian retail investors after a successful retail launch in New Zealand. Tyndall head of the Multi-Manager Ken Ostergaard said that a regulatory overhaul ...

Still in Goldilocks land

BENJAMIN ONG  |  MONDAY, 17 JUN 2013
This is it! The is the time, this is the moment, this is the week when the most powerful man in the world set the record straight on this whole Fed tapering/unwinding/scaling back business. Can you hear that too, Virginia? The financial markets' collective ...

AQUA II poses a challenge to wraps

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
The launch of the ASX Managed Funds Service (AMFS) - informally known as AQUA II - may be on the horizon following the release of a consultation paper by the Australian Securities and Investments Commission (ASIC). Widely seen as an alternative to big ...

Market Wrap AM

AAP  |  MONDAY, 17 JUN 2013
The Australian market looks set to open lower despite gains on Wall Street at the end of last week. At 0845 AEST on Monday, the June share price index futures contract was down 26 points at 4,759. In economic news on Monday, the Australian Bureau of ...