Daily economic round-upBY PETER BELL | WEDNESDAY, 30 AUG 2006 12:40PMThe Australian automotive industry continues to struggle with the latest figures from the Federal Chamber of Automotive Industries showing that, following the reduction in tariffs to 10 per cent from 15 per cent in January 2005, locally made light cars are now about $1,500 more expensive than their imported equivalents. |
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ASIC stalls Sequoia bid to ditch cross guarantee deed
|ASIC is again putting up roadblocks to Sequoia Financial Group's attempt to revoke the deed of cross guarantee with InterPrac Financial Planning, asking more questions and requesting more information before the group rids itself of all liabilities arising from the Shield and First Guardian disaster.
MLC Super creates two new general manager roles
|MLC Super has created two new roles of general manager of portfolio delivery and general manager of employer superannuation.
Robeco pitches Enhanced Indexing strategy to instos
|Robeco has launched a new systematic strategy for institutional investors, designed to manage the Australian index's overconcentration in banks and miners.
Mercer reshapes fund manager lineup for fixed income strategy
|Mercer Australia has halved the number of fixed income fund managers in its sovereign bond fund strategy, retaining just Challenger Life and Macquarie Investment Management.
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David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.






