Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7561 - 7570 of 10707 results for "May 2012"

Advisers and super key to underinsurance: AFA

ELISE BURGESS  |  FRIDAY, 10 JUN 2011
The AFA claims industry research validates its stance that the ban of commissions inside super will negatively impact consumers but the super and advice industries can work together against underinsurance. In the third tranche of research from the Association ...

Market Wrap - Midday

AAP  |  FRIDAY, 10 JUN 2011
The Australian dollar was almost half a US cent higher at noon, helped by rising commodity prices and a strong lead from Wall St. At 1200 AEST on Friday, the Australian dollar was trading at 106.34 US cents, up from 105.89 US cents on Thursday. Since ...

The seventh day

BENJAMIN ONG  |  FRIDAY, 10 JUN 2011
... lower than market expectations for the revision to show a 3.0 per cent drop. Australian employment grew by only 7,800 in May - not good for markets expecting a 25,000 addition in headcount. Worse, full-time employment decreased by 22,000 over the month. ...

ASIC forces iPlan to hire compliance expert

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
ASIC has imposed new conditions on iPlan's Australian financial services (AFS) licence after it unearthed a conflict of interest relating to the use of investment platforms. Under the terms of its revised licence iPlan must appoint an independent compliance ...

Market Wrap - Midday

AAP  |  THURSDAY, 9 JUN 2011
The Australian stock market was firmer at noon, as negative offshore leads gave way to improved investor sentiment after the release of domestic jobs data for May. At 1205 AEST, the benchmark S&P/ASX200 index was up 17.2 points, or 0.38 per cent, at ...

MTAA Super strikes back against claims of unhedging

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
MTAA Super has rejected claims it lost $500 million in currency transactions in 2009 and dismissed claims it was unhedged during the depths of the GFC. "The Fund did not have $500 million of losses because of the removal of currency hedges during the ...

Alpha adds BlackRock and QIC strategies

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
Alpha Fund Managers has invested in BlackRock's Australian equitised long short strategy, adding the manager to its Australian blue chip fund. Boutique multi-manager Alpha has bought into the long short strategy, which outperformed the S&P/ASX200 index ...

Shorten ups Trio super levy to $750,000

ELISE BURGESS  |  WEDNESDAY, 8 JUN 2011
APRA regulated superannuation funds will pay a maximum $750,000 under the compensation levy being introduced to recoup the lost $55 million for the victims of failed investment firm, Trio Capital. Under new regulations announced, Assistant Treasurer ...

Same time last year

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2011
If I've told you once, I've told you a thousand times. Those who forget history are doomed to repeat it! It certainly feels like June 2010 all over again! I can't believe it myself but when Big Ben spoke last night, I became a believer! Speaking at ...

Market Wrap

AAP  |  MONDAY, 6 JUN 2011
Disappointing US jobs data and lower base metals prices dragged the Australian share market lower in opening trade, with all sectors of the local market losing ground. At 1013 AEST, the benchmark S&P/ASX200 index was 20.5 points lower at 4562.6, while ...