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Showing 9371 - 9380 of 14214 results for "Interest"

Super funds should refocus on fixed interest

ELISE BURGESS  |  MONDAY, 19 MAR 2012
Superannuation funds need to readjust their view of fixed interest to see its potential as a pre-retirement asset class and its complexities. Dr Doug McTaggart, chief executive of QIC, said that rather than super funds thinking about fixed interest ...

Market Wrap

AAP  |  FRIDAY, 16 MAR 2012
Australian stocks have opened flat, in defiance of a positive finish on Wall Street. At 1029 AEDT, the benchmark S&P/ASX200 index was up 3.6 points, or 0.08 per cent, at 4,281.4 points, while the broader All Ordinaries index had risen 4.7 points, or ...

Advisers urged to keep up pressure on FOFA change

CLAIRE MCGREAL  |  FRIDAY, 16 MAR 2012
As the dust settles on yesterday's FOFA start date announcement, the financial planning industry has pledged to keep pushing for changes to elements of the planned legislation. Leading the charge from the Opposition benches is shadow assistant Mathias ...

Altius makes senior advisory appointments

CLAIRE MCGREAL  |  FRIDAY, 16 MAR 2012
... benefit significantly from their experience and understanding of the investment environment and trends that affect fixed interest as well as investment markets generally," said Bill Bovingdon, chief investment officer, Altius. Stammer was previously ...

Better days are getting happier

BENJAMIN ONG  |  FRIDAY, 16 MAR 2012
They just keep on coming. One after another, they're rolling in. Exactamondo Virginia! More upside surprises came out of Uncle Sam's country last night. Better days are getting happier. Happy days are getting better. Wall Street is happy and it knows ...

Goldman Sachs defends reputation after scathing NY Times op-ed

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
Global investment banking giant Goldman Sachs has hit back at the views of former executive director Greg Smith, who slammed the firm in a strongly worded resignation letter published in the New York Times. The former head of US equities in Europe ...

Senate committee gives FOFA green light

MELANIE TIMBRELL  |  THURSDAY, 15 MAR 2012
The Senate Economics Legislation Committee has released its report on the future of financial advice bill recommending passage subject to nine recommendations. The report was tabled in Parliament yesterday, with the House of Representatives debate due ...

Unions, AIST hit back at Abbott comments

ELISE BURGESS  |  THURSDAY, 15 MAR 2012
Unions and super associations have responded to comments from Opposition leader Tony Abbott who blasted union involvement in industry super funds. According to The Australian, Tony Abbott reportedly called industry super funds gravy trains for union ...

Macquarie sees managed accounts surge

ELISE BURGESS  |  THURSDAY, 15 MAR 2012
... and with the SMSF industry continuing to grow it makes sense to expect that managed accounts will increasingly gather interest from investors, especially among those who are planning for retirement," said Stewart. Damian Graham, head of Macquarie Private ...

Mandatory FOFA start date confirmed for July 2013

CLAIRE MCGREAL  |  THURSDAY, 15 MAR 2012
... elements of the legislation, including retrospective additional disclosure statements. "We believe it is in the best interest of consumers and planners not to rush the reforms through and to have a sensible implementation timeframe and we're still calling ...