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The Fed may have gone too farBY BEN COLLINS | FRIDAY, 14 SEP 2012 11:55AM
While markets have reacted positively, there is a chance that the United States Federal Reserve has gone too far, Michael Power, Investec Asset Management strategist, told Financial Standard this morning.
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IOOF has appointed ClearView's chief risk officer to a newly created role, with ClearView nabbing the former chief of risk for Commonwealth Bank's wealth management arm.
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index.
Plenary has bolstered its funds management business, nabbing seven professionals who all worked on one AMP Capital fund.
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service.
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