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Not so wrong

BENJAMIN ONG  |  FRIDAY, 20 JAN 2012
... Chinese property market. "About 16 percent of respondents in China said in a 2011 survey they plan to buy a property in the next two years, down from 22 percent in 2010, according to Credit Suisse Group AG. That makes China the only of seven developing ...

US planners want retirement product simplicity

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
... significant changes to their employment plans or lifestyles in the past 12 months while 66% of clients who plan to retire in the next five years also did not make changes, highlighting a lack of action by US clients towards their retirement. The survey ...

Aus can deal with another GFC: Shorten

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
... longer-lasting" financial crisis than that of 2008. Slashing growth forecasts for the global economy to 2.5% this year and 3.1 % next year (down from 3.6% predicted seven months ago), the bank said some of the worst case scenarios were playing out. "While ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
... cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting plans. At the end of last week ANZ confirmed that it would be slashing numbers, with ...

McKinnon to leave Perpetual

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
... selection process for the GMs strategic accounts and research and operations is ongoing but should be finalised within the next month, according to a Perpetual spokesperson. It is understood that following the restructure of the Retail Distribution Leadership ...

Qantas Super taps MLC for insurance

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
... Beer. Qantas Super annouced in December that former JP Morgan Chase exec Jane Perry would take the reigns as chief executive next month. The fund has over 33,000 member and manages around AUD $6 billion. Meanwhile, MLC and NAB Wealth have added a new ...

Seasons Greetings from Financial Standard

RACHEL DAVIS  |  FRIDAY, 16 DEC 2011
... of Financial Planning * FS Super: The Journal of Superannuation Management * Rebrand of Raimaker iTV into FSiTV Stay tuned next year as we roll out more developments. In the meantime, please note the following publishing dates: * Last online newsletter ...

CFSGAM: REITS are a safe bet

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
... uncertainty, these companies offer a great deal of transparency. You can see where their earnings are coming from in the next 3-5 years and that creates certainty. "This is underestimated by the market as investors only focus on share prices while earnings ...

2011: hits and misses

BENJAMIN ONG  |  FRIDAY, 16 DEC 2011
... placid year". A year to "get some rest after all the battles of the previous year." Yeah right! "Placid" my rabbit's foot! Next year will be the "Year of the Dragon". A year thought to symbolise vitality, power and wealth. ==================================== ...

Accountant charged with 37 offences

ELISE BURGESS  |  THURSDAY, 15 DEC 2011
... Letten had to surrender his passport and agreed to a number of conditions to make bail. The case returns to court on April 4 next year.