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Market Wrap AMBY AAP | WEDNESDAY, 16 APR 2014 8:45AM
The Australian market looks set to open higher following gains on Wall Street despite tech stocks at one point pushing the Nasdaq Composite index down nearly two per cent.Read more: Nasdaq Composite, Ukraine, Wall Street, HONG KONG, LONDON - Europe, Wednesday, Germany imports, Monday, Russia, Shanghai, Tuesday, Economics, AEST, All Ordinaries index, April, Australand Property Group, Australia, Australian Pharmaceutical Industries, BHP Billiton, Coca-Cola, DAX 30, Dow Jones Industrial Average, Economic Activity, EU, Fortescue Metals Group, FTSE 100, Index, Johnson & Johnson, June share price index futures contract, Kiev, London, Market Wrap AM, NBN Co, New York, NEW YORK - US stocks, Paris, Russian Prime Minister Dmitry Medvedev, S&P/ASX200 index, S&P 500, Seoul, Sydney, Tokyo, WELLINGTON, Westpac-Melbourne Institute, ZEW
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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