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Showing 6701 - 6710 of 10707 results for "May 2012"

APRA appoints new chair

MARK SMITH  |  WEDNESDAY, 3 APR 2013
Treasurer Wayne Swan has announced that Wayne Byres will become the chair of the Australian Prudential Regulation Authority (APRA). Byres became the first Australian to be appointed secretary general to the Basel Committee on Banking Supervision, the ...

Frightened eurozone savers to buy Aussie dollars

MARK SMITH  |  TUESDAY, 2 APR 2013
The harsh treatment of Cyprus in the latest chapter of the eurozone crisis has set a dangerous precedent, according to Clime Asset Management's John Abernathy. Despite bureaucrats insistence that the 'haircut', which could see wealthy depositors losing ...

UK adviser reforms drive out 9,400 advisers

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
The UK's Retail Distribution Review and its push to increase the professionalism of their adviser force has already lead to a 23% collapse in the number of financial advisers. The figures, based on analysis released by the UK Financial Services Authority ...

Extension looks likely for adviser tax advice changes

ALICE URIBE  |  WEDNESDAY, 27 MAR 2013
The peak financial planning industry bodies are confident treasury will extend the deferment period of the application of the Tax Agents Services Act (TASA) to financial advisers. Currently financial planners providing tax advice as part of financial ...

Market Wrap PM

AAP  |  WEDNESDAY, 27 MAR 2013
Australian stocks have opened firmer, with a recovery among the big miners leading the broader market higher. Local investors took their cues from a positive night on Wall Street, where the Dow climbed 0.77 per cent. Among the major miners, BHP was ...

Equipsuper approved to offer MySuper

ALEX DUNNIN  |  TUESDAY, 26 MAR 2013
Equipsuper has become the 14th super fund to be gain MySuper authorisation. The preliminary marketing name for the product is Equipsuper MySuper, noting that only nine of the 14 MySuper products authorised so far have the product class name integrated ...

Lowys ramp up Westfield selldown

MARK SMITH  |  TUESDAY, 26 MAR 2013
The Lowy family has followed through on its latest divestment deal, selling 49.9% of its Florida Westfield portfolio to New York property investor O'Connor Capital Partners. The retail giant will stay on as property and leasing manager in an arrangement ...

Template of a bail-in?

BENJAMIN ONG  |  TUESDAY, 26 MAR 2013
You gotta give it to the Europeans, they sure know how to shoot themselves in the foot. Financial markets celebrated after reports that a deal had been struck between the government of Cyprus and its benefactors. Nobody gave two hoots whether it's a ...

AFA launches initiative to connect women in advice

LAURA MILLAN  |  MONDAY, 25 MAR 2013
The Association of Financial Advisers (AFA) has launched an initiative to provide a network and a professional community for women across the full spectrum of the financial advice industry. The 'Inspire' initiative is addressed not only at financial ...

Asset allocation shifts as EM turns strategic: MFS

ALICE URIBE  |  MONDAY, 25 MAR 2013
Institutional investors are starting to look at the emerging market asset class more of a 'strategic' rather than an 'opportunistic' play, according to a visiting global portfolio manager. Thomas Melendez, Institutional Equity Portfolio Manager - MFS ...