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Showing 851 - 860 of 1039 results for "ARI"

Lucky country

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Australian superannuation and sovereign fund assets grew over 14 per cent p.a. in local currency terms in the past five years, posting the highest growth in assets than any other country, research shows. The Watson Wyatt and Pensions & Investments research ...

Market Wrap - Morning

AAP  |  TUESDAY, 25 AUG 2009
The Australian share market is likely to open slightly weaker as Wall Street investors took stock after four consecutive days of gains. At 0734 AEST on the Sydney Futures Exchange, the September share price index contract was 22 points lower at 4397. ...

Westpoint auditors get just desserts

ASIC RELEASE  |  TUESDAY, 18 AUG 2009
Three KPMG partners have been banned as registered auditors for periods ranging from nine to 24 months following ASIC's crackdown on their roles in the Westpoint collapse. ASIC has accepted enforceable undertakings (EUs) from three partners of KPMG's ...

ESSSuper reviews Aussie eq, eyes alternatives

RUTH LIEW  |  THURSDAY, 13 AUG 2009
The $14.6 billion Emergency Services & State Super has slashed its exposure to Australian equities by 10 per cent and is considering tapping timber and commodity investments this new financial year. ESSSuper, which had $14.6 billion in funds at the ...

State Super members hungry for advice

RUTH LIEW  |  WEDNESDAY, 12 AUG 2009
More than two out of five members of the $29 billion State Super have sought financial planning advice in the last two years, the fund's membership survey shows. State Super, which had $29 billion in funds under management at the end of June according ...

ASIC approves Opes Prime settlement

ASIC RELEASE  |  WEDNESDAY, 5 AUG 2009
ASIC has welcomed yesterday's court approval of the creditors Schemes of Arrangement that will oblige ANZ and Merrill Lynch to pay $226 million to Opes Prime clients. According to a media statement by ASIC, the schemes oblige ANZ and Merrill Lynch to ...

Retirement adequacy beats market slump

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 28 JUL 2009
Compulsory super and the long-term nature of retirement strategies are among the reasons why for many Australians, last year's financial crisis was a mere blip in their future retirement income, research shows. Today AMP has released its second Superannuation ...

The market's next 800-pound gorilla

MICHELLE BALTAZAR  |  TUESDAY, 21 JUL 2009
Shadow Treasurer Joe Hockey said the Government is creating an "800-pound gorilla" in the market that could drive up the cost of financing for the private sector over the next few years - particularly if more government bonds are issued to fund its ...

REST to allocate more active Aussie eq mandates

RUTH LIEW  |  TUESDAY, 21 JUL 2009
Active Aussie equities managers will continue to win mandates with the $14 billion REST Super as the fund said it was sticking with its active manager core, despite several other big industry funds allocating bigger mandates to passive managers. Damian ...

Prescriptive regulation is not the answer: Tanner

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
Future financial services regulation should be flexible to deal with new problems as they arise but not invasive or prescriptive, said Lindsay Tanner, minister for finance and deregulation. Speaking at the International Corporate Governance Network ...