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| | | The $24 billion Sunsuper fund has launched its MySuper product, a lifestyle fund which automatically transitions members into lower risk assets as they approach retirement. From 1 January next year, it will be compulsory for employers to pay default ... |
| | | | Uncertainty around the grandfathering provision of the Future of Financial Advice (FoFA) regulations has made a self-license more appealing for advisers looking to leave their dealer group. "Lots of licensees have restrictions in place that might not ... |
| | | | Stop the clock! A deal has been forged in Washington! Yes Virginia, it again played out as scripted - after so much grandstanding, with both sides holding their ground and a lotta hullabaloos...an agreement was struck...at the last minute. Were it not ... |
| | | | The Australian market looks set to open higher after US Senate leaders reached a deal for a temporary budget and to extend the debt ceiling, ending the government shutdowm. At 0826 AEDT on Thursday, the December share price index futures contract was ... |
| | | | The Ramaciotti Foundations, a philanthropic trust managed by Perpetual, last night announced the recipients of the annual Ramaciotti Awards for biomedical research. The main award of $1 million went to the Centenary Institute's Cytometry research program ... |
| | | | Shutdown: Day 15 and counting...2 days to go till the US debt hits the ceiling. So what else is new? True to form...and recent history, it looks like the political powers in Washington will again take it to the limit. US President Obama must be wishing ... |
| | | | Clients prefer face to face interaction, like long statements of advice, want to receive financial advice and are willing to trust their advisers. The above is not a snapshot of the Aussie market in the 60s, but a portrait of how pre-retirees think ... |
| | | | ASIC deputy chairman Peter Kell reassured advisers at the AFA conference that the FoFA best interest duty is not as strict as people think. He reminded them to read the regulatory guidance before jumping to conclusions. "We're just over three months ... |
| | | | Shutdown: Day 14 and counting...3 days to go till the US debt hits the ceiling. But wait! There's news just out. Washington, it seems, is gonna kick the can a little farther. It won't be 22 November as reported last week, it'll now be 15 Feb 2014. Reuters ... |
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