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| | | AustralianSuper has awarded a $440 million mandate to Australian equity manager, Alleron Investment Management. Established in 2004, Alleron is a Sydney-based boutique investment firm, with around $2 billion in funds under management, and uses a long ... |
| | | | The Australian dollar has fallen to its lowest level in six weeks as ongoing debt problems in the US and Europe dampen risk sentiment on global markets. HiFX senior trader Stuart Ive said a raft of negative headlines last night pushed world financial ... |
| | | | The Australian share market at noon was lower as investors remained concerned about the European debt crisis and awaited developments on the US economy. At 1200 AEDT on Monday, the benchmark S&P/ASX200 index was 23.8 points, or 0.57 per cent, lower ... |
| | | | A heated panel session between government and industry heavyweights about the FOFA reforms led to calls for a realistic debate and new government promises, with opt-in dominating the discussion. In a session at the Financial Planning Association's annual ... |
| | | | Corporate superannuation advisers have voiced their concerns over MySuper measures, claiming they would ultimately deter corporate fund members from engaging with their retirement savings. The government's MySuper proposals seek to establish a low cost ... |
| | | | MLC has launched new look websites for its MasterKey, Business Super and MLC Insurance advisers and clients. AdviserOnline lets advisers view key business information such as account balances, a new client search function and My Client Leads, which ... |
| | | | SYDNEY - The Australian market looks set to open flat. At 0641 AEDT on Monday, the December share price index futures contract was UP one points at 4,182. In economic news on Monday, Reserve Bank of Australia (RBA) assistant governor (financial markets) ... |
| | | | Minister for Financial Services and Superannuation Bill Shorten and the FPA agree that the FOFA reforms will pass through parliament, with the Minister urging planners to embrace change as a necessary survival tool for the betterment of the industry. ... |
| | | | A strong message of member support for education standards and professionalism along with encouragement to withstand the current industry turmoil was central at the opening session of the annual Financial Planning Association conference in Brisbane. ... |
| | | | SYDNEY - The Australian market looks set to open lower, after falls on the US and European markets overnight. At 0830 AEDT on Friday, the December share price index futures contract was down 51 points at 4,208. In economic news on Friday, the Commonwealth ... |
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