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Showing 961 - 970 of 1323 results for "Stage 1"

Defensive investors may have traded risks

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
Australian investors may have traded equity risk for interest rate risk, by switching into cash, said Doug Turek, managing director, Professional Wealth. "When people jump from growth to defensive, they place their savings in the hands of central banks," ...

CBA set to launch a $750 million hybrid offer

LINDA HAUSKEN  |  TUESDAY, 4 SEP 2012
The Commonwealth Bank of Australia is set to launch a new hybrid offer on the 12 of September, which is expected to raise $750 million. The CBA's hybrid offer, known as PERLS VI, will qualify as a Tier 1 Capital and will have an initial face value of ...

Plug the $1 trillion savings shortfall: FSC

BEN COLLINS  |  TUESDAY, 4 SEP 2012
New research has prompted the Financial Services Council (FSC) to call for longer working lives, to plug a massive retirement savings hole caused by people outliving life expectancies. Australians who live longer than current life expectancy will face ...

Passing of IMR bill to attract foreign investors: Shorten

BEN COLLINS  |  FRIDAY, 24 AUG 2012
Australia's financial services industry will benefit from a tax law amendment, which removes uncertainty that had been a barrier to overseas investment, said Bill Shorten, minister for financial services and superannuation. Amendments to the Investment ...

Wilson heads-up COIN

MELANIE TIMBRELL  |  TUESDAY, 14 AUG 2012
Former head of Asgard, Wayne Wilson will join tech and software provider Rubik as managing director - wealth with responsibility for the newly acquired COIN business. The appointment marks Rubik's expansion into the wealth space that culminated in last ...

TO Panel rejects HDF complaint

BEN COLLINS  |  TUESDAY, 31 JUL 2012
The Takeovers Panel has said it won't investigate a complaint over the sale of the Hastings Diversified Utilities Fund made by Australian Foundation Investment Company Limited - a unit holder in the infrastructure fund. The Hastings Diversified Utilities ...

AMP Capital weighs up costs

BEN COLLINS  |  TUESDAY, 24 JUL 2012
AMP Capital is currently considering a cost cutting program that could see jobs cut across the funds management business. An AMP Capital spokesperson today confirmed that plans were in the works, but was unable to say if, or how many jobs would be lost ...

APRA updates MySuper FAQ guide

ALEX DUNNIN  |  THURSDAY, 12 JUL 2012
Superannuation regulator APRA has updated its MySuper Frequently Asked Questions guide to help super funds clarify how the new product class will operate. The guide covers general operating practices, transition arrangements and investment strategy. ...

Aust real estate investors staying home

LINDA HAUSKEN  |  THURSDAY, 12 JUL 2012
Australian investors are more likely to invest in domestic rather than overseas real estate over the next 12-18 months, according to Anne Breen, head of real estate, research and strategy at Standard Life Investments. Breen said at this stage in the ...

Media Super funds film

BEN COLLINS  |  WEDNESDAY, 11 JUL 2012
Media Super has announced the release of the latest film that has been jointly funded from a film finance facility that it participates in. "The film titled 'not suitable for children' is one of a series of local film & TV productions that Media Super ...