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Showing 7461 - 7470 of 10707 results for "May 2012"

Large super funds 'obstruct' withdrawals

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
Large superannuation funds have been obstructing the release of members' money to self-managed funds by throwing paperwork hurdles in their way, a seminar heard this morning. "In an ideal world a transfer should take no more than 30 days," said Tony ...

Future Fund posts higher returns, chairman warns of volatility

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
Australia's Future Fund has posted increased returns on the past year while chairman David Murray has warned that the new global debt crisis could take 20 years to resolve. The world's 13th largest sovereign wealth fund posted a 12.4% return for the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 AUG 2011
Australian stocks are looking at a brighter day today, after Wall Street staged a stunning turnaround in late trade overnight. Oil fell again, but metals generally were higher. At 0710 AEST on the ASX 24 on Monday, the September share price index futures ...

Super tribunal needs members to solve disputes

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
The Superannuation Complaints Tribunal is looking for members to resolve disputes as 13 of the 18 member appointments are set to expire in November. It is not known how many of the expiring appointments may be reappointed, nor whether the overall number ...

Govt uncertainty plagues wealth mgmt industry

ELISE BURGESS  |  FRIDAY, 5 AUG 2011
Uncertainty around regulations and industry reforms has shaken the wealth management industry's chief executives, with lack of confidence in Australian preparation for its ageing population, a new report has revealed. The survey of 31 chief executives ...

Market woes cause adviser headache

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
Funeral provider Invocare could provide a good non-cyclical stock to hold in a falling market, a CMC Markets analyst has said, while financial advisers faced with worried clients have been told to get back to basics. Australian stocks have been in rapid ...

School's in for hedge funds

ALEX DUNNIN  |  THURSDAY, 4 AUG 2011
The University of Pennsylvania and New York University have been ranked the top universities for breaking into the US hedge funds industry. Global hedge funds are estimated to now be running $2 trillion worldwide. In Australia they run approximately ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Industry super funds have increased their emergency reserves since the global financial crisis but the uptake has been patchy with some funds having no buffer at all, new research has found. Deloitte Actuaries and Consultants scrutinised 65 industry ...

Market Wrap

AAP  |  WEDNESDAY, 3 AUG 2011
Australian shares opened almost two per cent lower following a horror session on Wall Street, amid fears that the US may be slipping back into recession. At 1032 AEST on Wednesday, the benchmark S&P/ASX200 index was down 83.3 points, or 1.88 per cent ...

Rates rise in Italy while Cypriot pension funds withdraw cash

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Troubles have again surfaced in the Eurozone with markets concerned over Italian public debt and Cypriot pension funds withdrawing cash from banks exposed to the Greek sovereign debt crisis. The yield on 10-year Italian BTP bonds has risen to 6.26 per ...