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| | | So what were all those grim headlines we read about yesterday all about? Those that went along the lines of, "we're doomed (again) because Big Ben's no longer our friend". Well, Big Ben's testimony before the US Congress continued overnight, again there ... |
| | | | In the past 13 years, $1 trillion has been contributed into superannuation funds while the proportion of benefits paid as lump sums has plummeted. The Australian Prudential Regulation Authority has just released its Annual Superannuation Bulletin for ... |
| | | | The Australian dollar has risen above 108 US cents on strong domestic retail data. At 1200 AEDT on Wednesday, the Australian dollar was trading at 107.95 US cents, up from 107.83 cents on Tuesday. The local currency hit 108.07 cents after the release ... |
| | | | Deleveraging in US and Europe is going to be painful and will require courageous actions from politicians that run against the grain, according to head of global investment solutions at UBS. Deleveraging will mean years of slowed growth coupled with ... |
| | | | Hey, hey, something doesn't look quite right here. The Dow's reclaimed 13K and most equity markets in Europe ended on the up and up while we were sleeping. They shouldn't be doing that. Haven't they heard that Standard & Poor's just downgraded Greek ... |
| | | | MLC has shifted its Australian share strategy manager allocations for its major portfolios to add passive allocations to its investment strategy, replacing Concord Capital with Vanguard Investments among other changes. The MLC Horizon Series of portfolios ... |
| | | | Global index provider FTSE Group today launched four new indices within the FTSE CDP Carbon Strategy Index Series that allow institutional investors to factor climate change risks into investment strategies. Partnered with CDP and ENDS Carbon, the four ... |
| | | | JP Morgan Treasury Services launched its ACCESS Mobile banking platform today which allows cash management by Australian and New Zealand corporate and institutional investors through their smartphones and tablets. Investors will be able to view balance ... |
| | | | Tasmania's public sector super fund, Retirement Benefits Fund, has appointed CommInsure as its external group insurance provider. Since mid-January, 62,000 members of the fund's Tasmanian Accumulation Scheme (TAS) have been transitioned to the CBA-owned ... |
| | | | The Australian dollar has fallen back below 107 US cents on uncertain news around the euro zone debt resolution. At 1200 AEDT on Monday, the Australian dollar was trading at 106.73 US cents, down from 107.17 cents on Friday. From 0700 AEDT, the local ... |
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