Govt overhauls aged care BY ELISE BURGESS | FRIDAY, 20 APR 2012 12:05PMThe introduction of means testing for aged care by the Federal Government is set to reshape the entire industry, with flow-on effects expected for advice. Sponsored by Allianz Retire+
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| | KANIKA SOOD | 12:30PM AXA Investment Managers' head of Framlington Equities for Asia left the business at end of May, the manager confirmed. | KARREN VERGARA | 12:16PM Superannuation is working effectively to support members of all ages, genders and income levels, new research from the Association of Superannuation Funds of Australia shows. | | | ELIZABETH MCARTHUR According to the new Value of an Adviser report by Russell Investments, financial advisers deliver value of at least 4.4% or more every year to their clients beyond investment-only advice. | KANIKA SOOD A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged. |
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