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Showing 7241 - 7250 of 10707 results for "May 2012"

Market Wrap - Morning

AAP  |  FRIDAY, 17 FEB 2012
The Australian market looks set to open higher, following Wall Street's strong positive lead after US jobs data showed the lowest unemployment in almost four years. At 0809 AEDT on Friday, the March share price index futures contract was up 40 points ...

AMP results show continued AXA impact

ELISE BURGESS  |  THURSDAY, 16 FEB 2012
AMP Limited FY11 results have shown its AXA merge continues to drag on costs with net profit after tax of $688 million, down 11%, for the 12 months to the end of December. AMP Financial Services meanwhile posted mixed results with North platform and ...

New MLC unit focuses on accountants servicing SMSFs

MELANIE TIMBRELL  |  WEDNESDAY, 15 FEB 2012
MLC has established a new team to focus on establishing the right advice and licensing arrangements for accountants wishing to advise clients on SMSFs. The new unit, called MLC Accountant Solutions was set up in response to the volume of enquiries from ...

ASIC to take hard line on deliberately misleading ads

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
ASIC is set to clamp down on misleading advertisments for financial products and services as part of its continued shake up of the financial services system. New guidelines released by ASIC commissioner Peter Kell emphasised the need for promoters to ...

Cheque's not yet in the mail

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2012
This Greek second bailout issue has become like that 'Pringles' ad - once you pop, you can't stop. Just when we thought that all was hunky-dory with regards to the Grecian circus, errr, crisis -- that the a,-130 billion bailout "hrimata" (money) was ...

The martyrdom of Greece

BENJAMIN ONG  |  TUESDAY, 14 FEB 2012
Hero! Legend! Happy Valentine's Day Greece. I heart you Greece. There's no two ways about it, financial markets responded with a warm, fuzzy feeling (in their pockets) to the Greek Parliament's V-day present - approval of the latest austerity package ...

New data questions SMSF inflows

ELISE BURGESS  |  MONDAY, 13 FEB 2012
New data indicates SMSF net inflows may be decelerating, both in terms of dollars and as a percentage of average assets, raising questions about whether the market has reached its peak. Andrew Baker, managing partner of Tria Investment Partners, identified ...

UniSuper confirms working group

MELANIE TIMBRELL  |  MONDAY, 13 FEB 2012
UniSuper has confirmed it will establish a working group to review the defined benefit funding issues raised last year. The announcement follows a meeting held last Thursday between the UniSuper board, the National Tertiary Education Union (NTEU), the ...

Move to horizontal integration for wraps

MELANIE TIMBRELL  |  MONDAY, 13 FEB 2012
The days of the traditional approach to vertical integration by wraps may be numbered, according to online portfolio management provider Sharesight. A reasonable degree of vertical integration has been available for those buying a whole product package ...

Market Wrap

AAP  |  FRIDAY, 10 FEB 2012
The Australian market opened marginally lower in quite trade on Friday, with gains in the gold and telecoms sectors offset by weakness among metals and minerals, and materials stocks. At 1028 AEDT, the benchmark S&P/ASX200 index was down seven points ...