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

Search Results

Showing 8461 - 8470 of 10582 results for "BEI"

Retirement savings only last a few years

RUTH LIEW  |  WEDNESDAY, 25 NOV 2009
Australians' retirement expectations are out of sync with their savings - with new research showing that retirement funds only last a few years before they dry up. The 24th AMP.NATSEM Income and Wealth Report noted that Australians are expected to spend ...

QIC wins $100m from QSuper

COMPANY RELEASE  |  WEDNESDAY, 25 NOV 2009
QSuper has pumped $109 million into QIC's Global Fixed Interest (GFI) Alpha Fund. The QIC GFI Alpha Fund, which generates returns from a broad global fixed income opportunity set, has delivered 13 per cent (gross) per annum since July 2005. In May 2009 ...

Yamashita's treasure

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2009
US$1,170.30 per troy ounce. This is how much gold - the commodity, the physical metal - is currently fetching in international markets. Chances are it would go higher and it is now creating problems. Back in March this year -- when the equity markets ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 NOV 2009
The Australian sharemarket is set to open flat with Wall Street closing slightly lower on weak economic data. At 0841 AEDT on the Sydney Futures Exchange, the December share price index contract was steady at 4,703 points. In economic news on Wednesday ...

Ripoll recommends investor compensation fund

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
The Parliamentary Joint Committee (PJC) said the government should investigate launching a "last resort statutory compensation fund" to cover financial advice licensee failings. The committee received a number of submissions from the regulator and Financial ...

Planners brace for fiduciary revolution

ALEX DUNNIN  |  TUESDAY, 24 NOV 2009
The financial planning industry's worst nightmare is about to come true with the Ripoll Report recommending advisers become fiduciaries, payments from product providers to planners should cease and that ASIC significantly step up its shadow shopping ...

Ripoll heats up sales or advice debate

RUTH LIEW  |  TUESDAY, 24 NOV 2009
Are financial planners sales professionals or do they advice clients to use products that best suit their needs? The Ripoll Inquiry has taken a serious look at where planners' allegiances lie. In fact, the Inquiry has put the spotlight on the elephant ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
From selling sophisticated products to retail investors to ineffective disclosure, the Ripoll Inquiry has investigated the factors that fuelled the failure of Opes Prime - and outlined what needs to be done to prevent future disasters. One of the biggest ...

Planners hit by ratings pullout

RUTH LIEW  |  THURSDAY, 19 NOV 2009
S&P's decision to withdraw its application for a retail AFSL, effectively pulling its credit ratings from the retail market, could increase retail investors' exposure to risk and lead to a tightening of planners' approved product lists. S&P announced ...

Planners should be fiduciaries: IFSA

ALEX DUNNIN  |  THURSDAY, 19 NOV 2009
IFSA chief executive John Brogden said financial planners should have fiduciary responsibilities to always act in their clients' best interests, regardless of how they are remunerated. Speaking during a major interview on ABC's Business Lateline last ...