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Showing 9611 - 9620 of 10710 results for "May 2012"

Ban default super funds: FPA

ALEX DUNNIN  |  WEDNESDAY, 25 OCT 2006
The Financial Planning Association (FPA) has called for default super fund selections to be banned because they block consumers from developing customised retirement strategies. Speaking at the first day of public hearings in Sydney for the Parliamentary ...

Market wrap - morning

AAP  |  TUESDAY, 24 OCT 2006
The Australian sharemarket is expected to open higher after a strong lead from Wall Street. On the Sydney Futures Exchange at 0721 AEST, the December share price index contract was up 20 points at 5,364. Today, BHP Billiton will release its first quarter ...

QSuper ploughs $2b into derivatives and swaps

Super fund QSuper has taken the extraordinary step of investing around $2 billion in derivative and swap contracts that mimic the performance of inflation-linked bonds as an alternative to buying the real thing. As the name suggests, inflation-linked ...

Tassie investment schemes wound up

HAMISH MADDEN  |  FRIDAY, 20 OCT 2006
The Australian Securities and Investments Commission (ASIC) has succeeded in its bid to have two Tasmanian unregistered managed funds wound up. ASIC obtained orders in the Tasmanian District Registry of the Federal Court of Australia to wind up the ...

Property promoter gets life ban and $1.1m penalty

Donald Maxwell, a promoter of illegal mezzanine fund schemes, has been ordered to pay $1.122 million in compensation and penalties and has been disqualified from providing financial services for life. Maxwell was the principal promoter for two failed ...

Contrarian managers make a comeback

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
Active managers are falling behind their contrarian counterparts after Australian share managers turned in their worst quarterly performance since 1990, according to Intech Investment Consulting. Intech senior investment analyst, Fraser Murray, said ...

ASIC clearing guidlines will segment the service chain

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
Superannuation clearing house providers will now have to provide employers with product disclosure statements (PDS) after a recent Australian Securities and Investments Commission (ASIC) review found that they fall under the financial services licensing ...

Market wrap - morning

AAP  |  WEDNESDAY, 18 OCT 2006
The Australian sharemarket is expected to open weaker following Wall Street's fall overnight. On the Sydney Futures Exchange at 0738 AEST, the December share price index contract was 20 points lower at 5266. Today the Australian Bureau of Statistics ...

Slow tech roll-outs putting off tech-savvy Gen Y

HAMISH MADDEN  |  TUESDAY, 17 OCT 2006
A workplace planning and culture specialist has found that the slow implementation of new communications technologies by financial services providers is impeding staff performance and damaging employee attraction and retention, particularly for tech-savvy ...

MLC forms succession team to work with practices

HAMISH MADDEN  |  TUESDAY, 17 OCT 2006
MLC has formed a dedicated succession planning team to assist advisers to plan for retirement and comprehensively manage all aspects of their business towards succession. The Succession and Acquisition Services (SAS) team will be headed up by Bob Neill ...