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Showing 7271 - 7280 of 10710 results for "May 1997"

FOFA 'unclear' on legal position of advisers

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
Advisers will need to have a clear understanding of the perimeters of client contracts under FOFA, said one expert in response to concerns from industry bodies that opt-in could expose advisers to litigious action from clients who failed to return paperwork. ...

Market Wrap

AAP  |  WEDNESDAY, 25 JAN 2012
Australian shares climb after market-beating results from Apple helped bourses shrug off growing concerns that Greece may default on its debt. European and Wall Street fell overnight after eurozone officials rejected a final offer from the Greece's ...

Agile, flexible portfolios big winners for instos

MELANIE TIMBRELL  |  WEDNESDAY, 25 JAN 2012
Investors will need to move quickly in 2012 as macroeconomic factors significantly impact investment outcomes, according to Mercer's outlook on the coming year. Portfolio flexibility and real-time governance models will be key to better results for ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 JAN 2012
SYDNEY - The Australian market looks set to open flat after a game of brinkmanship between European leaders and Greek bondholders drove the region's stock markets lower as investors worried that a deal needed to cut Athens' mountain of debt might fall ...

AMP: FOFA needs a rigorous stocktake

CLAIRE MCGREAL  |  TUESDAY, 24 JAN 2012
AMP has come down hard on the government's draft FOFA legislation, saying the Bill as it stands had "so many problems" a "rigorous stocktake" was needed. Appearing before the Parliamentary Joint Committee yesterday, managing director AMP Financial Services ...

PJC concedes FOFA amendment may be warranted

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
Insurance advice issued inside and outside superannuation needs to be treated the same, the Parliamentary Joint Committee on Corporations and Financial Services heard today. While the majority of super funds provide general advice, where individuals ...

FOFA heats up competition for planners

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
Financial planners may be squeezed out of the industry as competition heats up with the impending entry of accountants, stockbrokers and super funds, according to CoreData, with consolidation a likely outcome as smaller practices move to cut costs and ...

Target setting works for super funds

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
Target setting can offer rewards for super funds according to new research from bond fund manager PIMCO, which assessed strategies used by not for profit defined benefit and defined contribution default fund options. The research paper, Defined Contribution ...

SMSFs shift focus to property

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
SMSF trustees are slowly embracing property investments for fund investment strategies after the passing of limited recourse borrowing rules, although cash still holds allocation majority. According to information released in the latest Multiport SMSF ...

Happy days

BENJAMIN ONG  |  TUESDAY, 24 JAN 2012
It was another day on the financial markets, another one of those happy days. Yes Virginia, commodity markets are up, equity markets are up - even for those recently credit rating snipped Eurozone bourses - and bond yields are lower - even for those ...