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

Search Results

Showing 801 - 810 of 1210 results for "Switch"

Markets crash as recession fears hit

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
Australian stocks plunged at the open after world markets fell sharply overnight and experts say more grief is to come. At time of writing, the All Ordinaries Index was down 173 points or 3.97% to 4179.9 while the S&P ASX 200 had given up 156.5 points ...

Consumers flex social media muscle

ELISE BURGESS  |  MONDAY, 1 AUG 2011
In under 24 hours, over 4,000 people signed up to an online Big Bank Switch campaign by consumer group, CHOICE, reflecting the increasing power of social media as a form of communication. The big four banks, the main target of the campaign, were also ...

New bond fund targets corporate sector

MATT WOODINGTON  |  THURSDAY, 28 JUL 2011
Australian Unity subsidiary Altius Asset Management sees good value in term deposits and the corporate sector after launching its bond fund. The fixed interest boutique, led by chief investment officer, Bill Bovingdon, invests in fixed interest securities ...

Planners remain wary of switching cash to equities

MATT WOODINGTON  |  MONDAY, 25 JUL 2011
Financial advisers remain tentative on the outlook for equity markets although more than half surveyed by Zurich are thinking about reducing the amount of cash in client portfolios. Zurich spoke to 300 advisers nationwide with 59% "indicating a potential ...

Advisory firm directors may challenge ASIC ban

ALISON BEVEGE  |  THURSDAY, 7 JUL 2011
... extracted an enforceable undertaking from financial planner Kilara Financial Solutions, who recommended retail investors switch their superannuation holding into a fund of which Trio was the responsible entity. Peter Seagrim, managing director of Seagrims ...

Medicare to handle compassionate super payouts

MATT WOODINGTON  |  THURSDAY, 7 JUL 2011
... through compassionate payments in the 2010/2011 financial year and this is unlikely to rise as a result of the administrative switch. "We wouldn't expect it to change a lot, it's a demand driven thing and the regulations around it stay the same. To get ...

Aberdeen switches Aus equities manager

MATT WOODINGTON  |  MONDAY, 27 JUN 2011
... desk. He returned to Australia over a year ago as senior investment manager in Australian equities. Aberdeen said that the switch pits the two most senior players in the fund in their favoured roles. "Aberdeen is fortunate to have two such experienced ...

ASIC accepts EU from Kilara Financial Solutions

ELISE BURGESS  |  MONDAY, 27 JUN 2011
... that time, ASIC said it believed Kilara did not consider the benefits of clients own super funds before recommending a switch, did not consider clients own personal circumstances and failed to provide a Statement of Advice document in some cases. As ...

Market Wrap - Midday

AAP  |  TUESDAY, 21 JUN 2011
Australian stocks are holding on to early gains at midday, on the back of strong rises in the materials and energy sectors. At 1219 AEST, the benchmark S&P/ASX200 index was up 42.8 points, or 0.96 per cent, at 4,494.5, while the broader All Ordinaries ...

Count says advisers worried about IOOF offer

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
... non-aligned advisers and non-aligned advice." Gale had previously called on Lonsdale advisers concerned about the take-over to switch to an independent operator. Phil Butterworth, chief executive of DKN, reportedly described this overture as opportunistic. ...