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| | | Wall Street is up - S&P 500 index closed 0.5% higher after dropping by as much as 1.5% overnight - as the US dollar plunged - Bloomberg US dollar index down 1.6% -- and oil prices soared by around 7% (despite the Department of Energy's report that crude ... |
| | | | The Financial Services Council (FSC) has elected a new board member from one of Australia's largest insurers. TAL group chief executive and managing director Brett Clark, who also co-chairs the FSC's life board committee, will step into the role. "Brett ... |
| | | | AZ Next Generation Advisory has acquired its eighth financial advice practice, the second from the RI Advice Group. AZ NGA's latest acquisition is Empowered Financial Partners, established in 1994 as Williamstown Financial Services and manages $134 ... |
| | | | The Australian Private Equity and Venture Capital Association (AVCAL) is calling for financial services regulators and administrators to coordinate their data on superannuation fund investments as a way of streamlining overlaps in reporting and disclosure ... |
| | | | Diversified financial services group, Omniwealth, has named its new chief operating officer. Atle Crowe-Maxwell will also be director of the company's new business advisory service. In the role he will be responsible for building a business advisory ... |
| | | | Institutions fully or partially divesting from coal and fossil fuels have reached 500, as the argument for divestment gains momentum. The campaign Go Fossil Free, coordinated by non-governmental organisation 350.org has gathered support from 499 global ... |
| | | | The Senate is slated to have its final debate on the superannuation trustee governance bill tomorrow, which at a minimum will see one third independent directors on APRA-regulated super fund boards. The bill could see one last amendment from crossbench ... |
| | | | Francly my dear, it couldn't have come soon enough. No Virginia, that wasn't a typo for the Swiss franc is back in the news again. As Bloomberg reports, "The franc fell against all but one of its 16 major peers Friday." "The franc dropped 0.7 percent ... |
| | | | Pengana hopes the new strategy it is offering through a partnership with the so-called Queen of Small Caps, Leah Zell's firm, Lizard Investors, resonates with investors as much as global mega-cap peers Magellan and Platinum. Pengana's director of distribution ... |
| | | | Superannuation funds need to look ahead of meeting benchmarks, peers and league tables and be more dynamic in achieving investment goals. This will be one of the key themes coming from the 2015 Association of Superannuation Funds of Australia (ASFA) ... |
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