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Showing 8501 - 8510 of 10709 results for "May 2012"

ESSSuper closes Cash Plus option

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
The $14 billion Emergency Services & State Super has closed the doors of its cash plus strategy six months after the introduction of its pure cash option. According to a statement on the ESSSuper website, the fund closed its cash plus option to new ...

Happy Americans, happy world

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2009
Happy consumers beget a happy Wall Street. Green sprouts starting to flower? Neither Kim Jung Il's rattling of his nuclear sabre nor a reminder that US house prices continue to fall were able to prevent Wall Street from turning in a strong finish last ...

Investors hang on to managed futures

RUTH LIEW  |  TUESDAY, 26 MAY 2009
Managed futures may have performed poorly in the last three months but retail investors in MAN Investments' OM-IP products are not putting their hands up for redemptions, said the firm. Hersh Gandhi, head of product development in Australia for the ...

NAB Super introduces binding death benefits

RUTH LIEW  |  TUESDAY, 26 MAY 2009
Members of the $3.1 billion corporate fund NAB Group Superannuation Fund can now apply for binding death benefit nominations. The fund, which said in March that it was considering introducing the benefit, are now allowing members to provide the fund ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 MAY 2009
Australian shares are are expected to open slightly lower following small losses yesterday. Stock and commodity markets in the US and London were closed overnight for public holidays, meaning there is little direction for local shares. At 0725 AEST ...

CMC continues broking push

MICHELLE BALTAZAR  |  MONDAY, 25 MAY 2009
CFD provider CMC Markets ploughs more resources into its stockbroking arm as ongoing consolidation and tighter capital adequacy rules imposed on smaller brokers open up more opportunities in the sector. Traditionally catering for Contracts for Difference ...

Unions attack retirement age change

ALEX DUNNIN  |  MONDAY, 25 MAY 2009
Just as leading Unions have stepped up their battle against lifting the retirement age, the government has been forced to dismiss their claims for special rules for manual workers labelling them unfair. The Australian newspaper today reported that the ...

Maritime merger saves $1m

MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
Maritime Super may be able to save more than $1 million in administrative costs as a result of the merger in March, according to initial estimates. Peter Robertson, chief executive at Maritime Super, said the merger between the Stevedoring Employees ...

No two ways about it

BENJAMIN ONG  |  FRIDAY, 22 MAY 2009
Waiter, there's a fly in my soup. Financial markets stopped enjoying the tasty aroma of recovery in their soups last night after Standard & Poor's warned that it might downgrade the United Kingdom's AAA credit rating because of its widening budget deficit ...

Market Wrap - Morning

AAP  |  FRIDAY, 22 MAY 2009
Australian shares are likely to fall after another US weekly unemployment claims record raised concerns that the recent rally in equities was too fast. Investor sentiment was also dented by a warning from ratings agency Standard & Poor's that it may  ...