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Showing 7501 - 7510 of 10707 results for "May 2012"

Macquarie may slash jobs in dip

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
Investment banking group Macquarie may cut staffing levels due to an expected fall in revenue as their shares slumped to two-year lows. As news rolled round the globe of the expected job cuts today, Macquarie Group shares slumped a further 1.61% to ...

JB Global submits to independent review

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
Investment services firm JB Global will submit to an independent review of 100 personal advice files after the Australian Securities and Investment Commission imposed new licence conditions on the company. JB Global will also offer remediation to any ...

Growing SMA use hits education barrier

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
Financial advisers are gradually increasing their use of separately managed accounts, with education forming a barrier to widespread uptake of the structure, new research has found. The 2011 Separately Managed Accounts Report found that while just 18% ...

Bigger super funds may not be cheaper for members

ALISON BEVEGE  |  TUESDAY, 19 JUL 2011
An industry super fund head has said the idea that bigger super funds are cheaper for members is unfounded. John Livanas, chief executive of $1 billion meat industry fund AMIST Super, said smaller can be better and that mergers for the sake of merging ...

QE3 - yes, no, maybe

BENJAMIN ONG  |  FRIDAY, 15 JUL 2011
So what's the fuss all about? Wall Street dropped last night because they didn't like what came out of Sir Ben's mouth on his second day of testimony on Capitol Hill. This is what Sir Ben told Congress on the first day of his testimony: "The possibility ...

Credit hits the fan as Moody's puts US on downgrade watch

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Major credit ratings agency Moody's Investors Service has placed the US on a review for possible downgrade prompting US Federal Reserve chairman Ben Bernanke to issue dire warnings on the global impact a US debt default would have. US lawmakers have ...

Big six use advisers for sales while clients confused on independence

ALISON BEVEGE  |  THURSDAY, 14 JUL 2011
Financial advisers aligned to major wealth-management firms are continuing to direct the majority of the funds they establish to their parent fund manager, a study released today by Roy Morgan Research has found. The Superannuation and Wealth Management ...

Knights in shining armour

BENJAMIN ONG  |  THURSDAY, 14 JUL 2011
"Just like a knight in shining armor From a long time ago Just in time I will save the day..." Peter Cetera - Glory of Love This tune played in my head when Beijing announced the country's June quarter economic scorecard yesterday - and boy oh boy ...

Govt responds to self-funded retirees

ELISE BURGESS  |  TUESDAY, 12 JUL 2011
Self-funded retirees may not be left out in the cold in the new carbon tax scheme after all, with Assistant Treasurer Bill Shorten announcing more package highlights to Tasmanian retirees. Yesterday self-funded retirees expressed concern of being ignored ...

Planning group Genesys signs research deal with van Eyk

ALISON BEVEGE  |  TUESDAY, 12 JUL 2011
Financial planning dealer group Genesys Wealth Advisers has signed up for a further two years with research house van Eyk. Genesys had 283 financial advisers across the nation and a total of $8.9 billion in funds under advice as of May 31, the firm ...