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Showing 7251 - 7260 of 10707 results for "May 2012"

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
Additional requirements placed on super fund trustees in the proposed Stronger Super legislation will make the role less appealing and raise costs, according to Mercer's submission to the Federal Treasury. In responding to the Exposure Draft: Superannuation ...

Risk advisers optimistic about long-term

MELANIE TIMBRELL  |  WEDNESDAY, 8 FEB 2012
Risk advisers are looking beyond short-term uncertainty and remain positive on long-term practice viability, according to an index commissioned by Zurich Financial Services Australia. The index constructed by Beaton Research and Consulting, surveyed ...

HFT and dark pools keep ASIC on its toes

MELANIE TIMBRELL  |  TUESDAY, 7 FEB 2012
High frequency trading and dark pools are the biggest issues of contention in the Australian Securities and Investment Commission's extended consultation process on market integrity rules, according to one industry expert. Australian Securities and ...

Lloyd new Perpetual CEO, Ryan steps down

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
Geoff Lloyd has been appointed new chief executive officer and managing director of Perpetual Limited following Chris Ryan's exit over the weekend. Lloyd has overseen the restructure of the organisation's retail distribution arm since joining Perpetual ...

Market Wrap

AAP  |  MONDAY, 6 FEB 2012
Australian shares have opened almost 1.5 per cent higher after the release of better-than-expected US jobs figures. The Wall Street rallied on Friday after official figures showed the US unemployment rate fell from 8.5 per cent in December to 8.3 per ...

Planners must return to strategy

ELISE BURGESS  |  MONDAY, 6 FEB 2012
Financial planners are acting more like investment advisers and product sellers instead of strategists as a result of rising requirement pressures, according to one adviser group managing director. Financial planners may be losing sight of their roles ...

The light, the light

BENJAMIN ONG  |  MONDAY, 6 FEB 2012
Reverend Cleophus James: Do you see the light? Elwood: What light? Reverend Cleophus James: Have you seen the light? Jake: Yes! Yes! Yes!... I have seen the light! - The Blues Brothers Yes, yes, yes, Virginia, gauging from the rally in equity and commodity ...

Market Wrap - Morning

AAP  |  MONDAY, 6 FEB 2012
The Australian market looks set to open higher. At 0001 AEDT on Monday, the March share price index futures contract was up 56 points at 4,278. In economic news on Monday, the TD Securities-Melbourne Institute inflation gauge for January is released ...

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Eyes turn to monetary policy

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
Australian GDP growth will slow this year shifting the focus back to monetary policy and Macquarie Group chief economist Richard Gibbs forecasts the RBA will respond with two more rate cuts during 2012. Gibbs was speaking at the 2012 Financial Standard ...