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Showing 7281 - 7290 of 10707 results for "May 2012"

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
ASFA is wary of potential unseen outcomes from the MySuper legislation Bill, including clashing between regulators and the rise of short-termism, as it predicts pressures on super trustees may trump the long-term interests of members. In a submission ...

Wolf, wolf

BENJAMIN ONG  |  THURSDAY, 19 JAN 2012
Oh boy, oh boy, oh boy. Have you seen this morning's headline on theage.com.au? "'Ugliest' of times ahead." It's all about the World Bank's latest Global Economic Prospects report that, "signalled a downturn so severe it would eclipse the chaos that ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 JAN 2012
The Australian market looks set to open higher after Europe finished mixed with Greece preparing to resume talks on a crucial debt write-off deal and the International Monetary Fund (IMF) saying it will raise new money to increase its financial firepower. ...

FINRA relaxes social media controls

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
Australian financial planners may see some of their social media compliance issues lessen if Australian regulators follow FINRA's lead, after the US regulator proposed changes to its rulings to allow planners to communicate through social media without ...

Issues beyond the FOFA horizon

ELISE BURGESS  |  WEDNESDAY, 18 JAN 2012
The Parliamentary Joint Committee submissions continue at a rapid pace with the Government receiving opinions both for and against the FOFA reforms package, yet a recent industry panel session looked at the issues facing the advice industry beyond FOFA ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 JAN 2012
The Australian market looks set to open slightly lower. At 0635 AEDT on Wednesday, the March share price index futures contract was down six points at 4,180. In economic news on Wednesday, the Westpac-Melbourne Institute Survey of Consumer Sentiment ...

Ascalon forms second Asian partnership

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
Ascalon Capital Managers (Asia) has formed a partnership with long-short equity manager Canning Park by taking a 30% stake in the business. Headquartered in Singapore but with an office in Sydney, Canning Park invests across a total of 10 Asian markets ...

FSU slams banking sector cost cutting plans

CLAIRE MCGREAL  |  TUESDAY, 17 JAN 2012
The Finance Sector Union, representing workers at Australia's big four banks, said job cuts in the banking industry cannot be justified. Reports today claim thousands of bank jobs could be on the line over the next two years as part of major cost cutting ...

MySuper regulations fundamentally flawed

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
Industry concerns have arisen over pricing structures and fee levels under the proposed My Super legislation, with calls for the government to allow differential pricing. "Lifecycle strategies that shift a higher weight to fixed income as a member nears ...

McKinnon to leave Perpetual

MELANIE TIMBRELL  |  TUESDAY, 17 JAN 2012
Perpetual Limited's general manager, retail sales, equities Matthew McKinnon will be leaving the group by the end of the first quarter, the organisation told Financial Standard today. Former national account manager Jorden Brown will be assuming the ...