Daily economic round-upBY PETER BELL | TUESDAY, 22 AUG 2006 12:08PMTreasurer Costello has given notice that at the forthcoming November Group of 20 (G20) meeting of finance ministers and central bank governors in Melbourne there will be fertile discussion about the oil market and the need for a stronger institutional framework around it. Costello, who will chair the meeting, said that some of the oil producing nations should allow more foreign investment with improved technology that will allow lacking commercial operations to be turned around. |
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Vanguard to acquire custodian Altruist
|Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.
FAAA pushes to expand NCA to financial advisers
|Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
|The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
|Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
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