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| | | Risk Premium inflows increased 9.6% year on year in the 12 months to 31 December, according to the latest figures from Plan For Life. AIA Australia led the way with inflows increasing by 20.1% during the year. BT / Westpac saw the second highest inflows ... |
| | | | More than half of all retail funds offering MySuper products have adopted a lifecycle approach, while all but four industry funds have opted for static strategic asset allocation (SAA), according to research by Mercer. The release of the research, entitled ... |
| | | | Aon Risk Solutions has integrated its four existing financial businesses into an expanded segment called Financial Specialties. Aon M&A Solutions, Environmental Services Group, Trade Credit and Surety, and Financial Services Group will now be part of ... |
| | | | Australian international equities manager Magellan Financial Group's flagship Global fund returned 48.7% in the 12 months to 31 December, the group's half-yearly investor report released today shows. The figure contributes to equally impressive after-fee ... |
| | | | Dear! Dear! Dear! Yes my dear Virginia, Australian Bureau of Statistics (ABS) figures showed that the cost of living in this sunburnt country girt by sea has become dearer in the quarter ended 31 December 2013. Headline consumer prices jumped by 0.8% ... |
| | | | The Australian market looks set to open lower following a negative lead from Wall Street despite strong performances on most other international markets. At 0850 AEDT on Thursday, the March share price index futures contract was down 22 points at 5,258. ... |
| | | | Macquarie Specialist Investments (MSI) has launched three new funds, broadening its Significant Investment Visa (SIV) following the 888 Fund that was established last year. Conservative, Balanced and Growth funds are the new three that MSI has launched. ... |
| | | | Super fund VicSuper has awarded a mandate worth $100 million to Colonial First State Global Asset Management (CFSGAM) to manage its new listed infrastructure portfolio. This represents the $12 billion super fund's first foray into listed infrastructure ... |
| | | | Fears that the amendments to the best interest duty of the Future of Financial Advice (FoFA) legislation will affect the quality of advice are "overplayed," the Association of Financial Advisers (AFA) said. "Improving the best interest duty does help ... |
| | | | The increase in the share of income going to the wealthiest 1% since 1980 rose faster in Australia than any country bar the US, a new Oxfam report reveals. The report, titled 'Working for the Few', shows the rising levels of inequality between the richest ... |
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