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Showing 6971 - 6980 of 10707 results for "May 2012"

Market Wrap

AAP  |  TUESDAY, 7 AUG 2012
The Australian market looks set to open higher after Wall Street gained on hopes that Europe's central bank will act soon to relieve the euro zone's debt woes. At 0757 AEST on Tuesday, the September share price index futures contract was up 12 points ...

APA gets HDF books

BEN COLLINS  |  MONDAY, 6 AUG 2012
APA group will have access to Hastings Diversified Utilities Fund's books, after it made a proposal to increase its offer for the fund. Energy infrastructure investor Hastings is subject to two takeover offers: a cash-and-scrip offer from APA Group ...

Maybe next month

BENJAMIN ONG  |  MONDAY, 6 AUG 2012
"I know I'm just a fool who's willing to sit around and wait for you But baby can't you see, there's nothin' else for me to do, I'm hopelessly devoted to you..." - Olivia Newton John Yes, yes yo Virginia. After only a day of making their disappointments ...

Market Wrap

AAP  |  MONDAY, 6 AUG 2012
The Australian market looks set to open higher following a strong surge on Wall Street on Friday after better-than-expected jobs figures boosted sentiment. At 0752 AEST on Monday, the September share price index futures contract was up 58 points at ...

Annuities regaining acceptance: Challenger

ALEX DUNNIN  |  FRIDAY, 3 AUG 2012
Life annuities sales have increased rapidly following the GFC's onslaught on retirement assets, but investors and advisers are still wary about what happens to their capital if they don't live long enough to exhaust the annuity. "We now sell in a month ...

Super asset changes deliver positive return

MELANIE TIMBRELL  |  FRIDAY, 3 AUG 2012
The SelectingSuper workplace default option index rose slightly during June 2012, tipping super funds into positive territory for 2011-12 with an annual return of +0.5%. While sitting below inflation, the silver lining is in the contrast with the -7% ...

Value still key in insurance

BEN COLLINS  |  THURSDAY, 2 AUG 2012
The remuneration components of the Future of Financial Advice reforms may be distracting from the needs of consumers when it comes to insurance, said Brett Clarke, chief executive officer, retail life, TAL. "We talk a lot about FOFA and remuneration ...

Target Maturity Funds Take Top Spot

ALEX DUNNIN  |  THURSDAY, 2 AUG 2012
Target Maturity funds, a form of life cycle funds, have remained the most popular sector for funds launched within the last six months in Europe with net inflows of A$1.2 billion during May alone. However, the bulk of this growth is due to just two ...

ASIC raises bar on OTC derivatives

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
Issuers of OTC derivatives, including CFDs and margin foreign exchange derivatives, will have to meet new financial requirements just released by ASIC. The Australian Securities & Investments Commission (ASIC) yesterday announced an increase in minimum ...

MySuper to commoditise super

ALEX DUNNIN  |  WEDNESDAY, 1 AUG 2012
MySuper will commoditise the superannuation industry, said Rice Warner Actuaries in their latest fee report that was commissioned by the Financial Services Council. "The initial emphasis of MySuper will be on costs rather than investment performance. ...