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Showing 7351 - 7360 of 10560 results for "BEI"

FOFA passing causes industry division

ELISE BURGESS  |  FRIDAY, 23 MAR 2012
The Future of Financial Advice legislation has successfully passed through the House of Representatives to very mixed reactions from the wealth management industry. Minister for Financial Services Bill Shorten called the legislation "historic reforms" ...

Debt crisis has 15 yr shelf life

ELISE BURGESS  |  THURSDAY, 22 MAR 2012
The European debt crisis will take 15 years to resolve with the deleveraging process barely started, according to GLG Partners' chief investment strategist Dr Jamil Baz. The hedge fund manager told the van Eyk annual conference in Sydney yesterday that ...

Risk-averse investor pitfalls

ELISE BURGESS  |  WEDNESDAY, 21 MAR 2012
Capital risk is being ignored in favour of investor preference for risk-averse bank deposits, according to Equity Trustees. Shaun Manuell, head of asset management at Equity Trustees Limited, said the dangers of capital risk are not being expressed ...

FIRST Super invites Tony Abbott to board meeting

CLAIRE MCGREAL  |  TUESDAY, 20 MAR 2012
Industry fund FIRST Super has extended an olive branch to Tony Abbott, inviting the Opposition leader to their next board meeting. The invite comes in the wake of Abbott's scathing criticism last week of the way industry super fund boards are run. According ...

Market Wrap

AAP  |  TUESDAY, 20 MAR 2012
The Australian share market has opened lower on concerns over a slowdown in China and despite a positive lead from Wall Street. At 1018 AEDT on Tuesday, the benchmark S&P/ASX200 index was down 16.7 points, or 0.39 per cent, at 4,274.1, while the broader ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 MAR 2012
The Australian market looks set to open flat, despite a strong positive lead from Wall Street. The Australian dollar continues to trade above 106 US cents, after lifting to a 10-week high on Monday. CANBERRA - Finance Minister Penny Wong says she is ...

Advisers urged to keep up pressure on FOFA change

CLAIRE MCGREAL  |  FRIDAY, 16 MAR 2012
As the dust settles on yesterday's FOFA start date announcement, the financial planning industry has pledged to keep pushing for changes to elements of the planned legislation. Leading the charge from the Opposition benches is shadow assistant Mathias ...

Flawed assumptions pushing RRR too high

ALEX DUNNIN  |  THURSDAY, 15 MAR 2012
Superannuation advocates' claims that SG contribution rates need to keep rising to fund retirement income replacement ratios of up to 70% might be based on flawed assumptions. Debate among financial planners in the US on retirement income replacement ...

When optimism rains, it pours

BENJAMIN ONG  |  THURSDAY, 15 MAR 2012
It really does pour when it rains. I'm talking about the pouring of positive economic and survey stats primarily out of America in recent months and the optimism it engenders in investors everywhere and the virtuous cycle that this optimism has started ...

PIMCO lands OnePath advice mandate

ELISE BURGESS  |  WEDNESDAY, 14 MAR 2012
PIMCO will broaden its distribution capabilities to planners at the four ANZ-aligned dealer groups after being appointed to manage OnePath's fixed income portfolio. Global bond manager PIMCO said it wants to expand further into the Australian advice ...