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Showing 7461 - 7470 of 10560 results for "BEI"

Market Wrap - Midday

AAP  |  WEDNESDAY, 14 DEC 2011
Australian stocks are down after a survey found consumer confidence dropped to its lowest level since August, despite two consecutive cash rate cuts by the central bank. The Westpac/Melbourne Institute Index of Consumer Sentiment fell by 8.3 per cent ...

AustralianSuper, AGEST reveal merger plans

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
AGEST Super has chosen AustralianSuper as a preferred merger partner with the merge to take place in 2012. As a result, AustralianSuper will have almost two million members, 160,000 employers and over $46 billion in funds under management. AGEST has ...

UniSuper responds to criticism

ALEX DUNNIN  |  WEDNESDAY, 14 DEC 2011
UniSuper, one of Australia's largest super funds, came under attack last night, confirming that in the post-GFC volatile investment landscape no fund is immune from criticism. ABC's 7.30 news program last night ran a report on the $27 billion university ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 DEC 2011
The Australian dollar has dropped slightly after some negative commentary about the eurozone government debt crisis. At 0700 AEDT the Australian dollar was trading at 100.27 US cents, down from 100.83 at 1700 on Tuesday. HiFX senior trader Stuart Ive ...

ASIC releases FOFA guidance plan

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
ASIC will release regulatory guidance on best interest duty, scaled advice, conflicted remuneration and ASIC powers before July 1 2012, the regulator said today. The Australian Securities and Investments Commission (ASIC) has released its regulatory ...

Perpetual changes distribution focus

ELISE BURGESS  |  TUESDAY, 13 DEC 2011
Perpetual Limited is set to readjust its focus on the retail funds market, research and ratings houses through changes to its investment product distribution function in order to overcome past challenges in its distribution. Due to a company-wide review ...

New Count chief talks products

ELISE BURGESS  |  MONDAY, 12 DEC 2011
Newly-appointed chief executive of Count Financial, David Lane, is already planning new products and services for Count members with a keen eye on SMSF market access. Count Financial was officially acquired by the Commonwealth Bank of Australia (CBA) ...

Reinsurance talent runs dry

ELISE BURGESS  |  MONDAY, 12 DEC 2011
Australia's reinsurance industry is running low on job candidates, particularly analysts and actuaries, resulting in companies turning their focus offshore to other markets. While reinsurance employees are comparatively loyal to their firms, analyst ...

Industry responds to intra fund advice measures

CLAIRE MCGREAL  |  FRIDAY, 9 DEC 2011
There's been a mixed reaction from the industry to yesterday's announcement from the government on intra-fund advice. New ASIC guidelines are also being developed to outline how scaled advice can be provided in accordance with the regulatory protections ...

Sovereigns need not apply

BENJAMIN ONG  |  FRIDAY, 9 DEC 2011
Rumour smack down. Have you ever heard of the phrase, "don't lend credence to a rumour until it is officially denied"? The fresh prince of the ECB, Mario Draghi, just did that - officially denied weeks of gossip that it's gonna mint fresh euros. Sovereigns ...