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Australian Unity to shed 195 roles
Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.
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Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.
First Super recruits head of investments from Prime Super
First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.
BMO eyes Euroz Hartleys' capital markets business
Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.
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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.







This is a weak economic recovery in the US. If you dig deeper into the data you will find that the improvement in US unemployment is due to an insidious decline in the participation rate over several years. This means that a reduction in unemployment won't lead to a normal improvement in economic growth because lower unemployment is not leading to higher consumption.
So it will be another MJ song those US pollies should be singing "Don't Stop Till You Get Enough" ... or in other words unemployment will have to drop alot more than it has been even below 6.5% and don't stop there keeping going to 6% and below. Remember, Don't Stop Till You Get Enough!"