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Market to open higherBY AAP | TUESDAY, 2 JUN 2015 9:15AM
The Australian market looks set to open higher following gains on Wall Street overnight.Read more: Monday, Greece, Australia, May, Japan, Hong Kong, Intel, New York, Altera, IMF, LONDON, Shanghai, Thursday, Tuesday, Wall Street, Wellington, Economics, Microsoft, Southwest Airlines Friday, HONG KONG - Tokyo stocks, NEW YORK - US stocks, Capital Economics, Prime Minister Alexis Tsipras, Reserve Bank, AEST, Alan Joyce, All Ordinaries index, American Airlines, Amplify Festival breakfast, Andrea Tueni, ANZ-Roy Morgan, April, Art Hogan, Australian Bureau, Bangkok, Berlin, CAC 40, Credit Suisse, DAX 30, December 2002, Delta Air Lines, Dow Jones Industrial Average, Dow member Intel stock, Dow member Microsoft, Drugmaker Bristol Myers-Squibb, European Central Bank, European Commission president Jean-Claude Juncker, Frankfurt, French President Francois Hollande, FTSE 100 index, German Chancellor Angela Merkel, International Monetary Fund 300 million euros, July 29, June share price index futures contract, Kenzaburo Suwa, Kevin Ferriter, Le Monde, May auto sales, May jobs report, Myrto Sokou, Nasdaq Composite Index, New Zealand stock market, Nikkei, Okasan Securities, Organisation, Paris, Petroleum Exporting Countries, Qantas, Queen, S&P/ASX200 index, S&P 500, Saxo Banque, Seven Group, Seven West Media, Singapore, Statistics, Sucden Financial, Sunday, Windows 8, Windows 10 operating system
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
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