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Economics

Market Wrap

BY AAP | TUESDAY, 29 NOV 2011 12:20PM

Australian shares have posted modest gains after strong rises overseas due to a positive retail performance in the United States and hopes of developments on Europe's debt crisis.

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Editor's Choice

Brighter Super launches lifetime income product in accumulation phase

ELIZA BAVIN | 11:46AM

The $38 billion super fund has teamed up with TAL to offer members a lifetime income product while still in the accumulation phase.

FinCap beefs up treasury capabilities

MATTHEW WAI | 10:53AM

FinCap has welcomed a new member to help scale the firm's private markets managed accounts offering.

smartMonday tweaks fees, MySuper structure

MATTHEW WAI | 10:40AM

The super fund is transforming its MySuper LifeCycle structure by shrinking nine options into four distinct categories, while making changes to its investment and administration fees

Former Berndale director jailed for $700k in misused funds

VINNY VUCAGO | 10:51AM

Former Berndale Capital Securities director Stavro D'Amore has been sentenced to almost four years' imprisonment after admitting to dishonestly misusing nearly $700,000 of company funds and authorising false statements to ASIC.

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