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STAFF WRITER  |  TUESDAY, 23 APR 2013
In the new edition of Financial Standard, we feature the CPA Australia SMSF conference and expo 2013 and Laura Millan investigates the top trends in life risk that advisers need to be on top of to ensure adequate coverage for clients. We also take an ...

CFS first retail fund to win MySuper approval

MARK SMITH  |  MONDAY, 22 APR 2013
Colonial First State (CFS) has become the first retail fund to win Australian Prudential Regulation Authority (APRA) approval for its MySuper offering, the company announced today. Given the green light on Friday, the authorisation paves the way for ...

State Super FS appoints Mercer new asset consultant

LAURA MILLAN  |  MONDAY, 22 APR 2013
State Super Financial Services (SSFS) has appointed Mercer as their new asset consultant. Mercer will replace former asset consultant Russell Investments and will work with the fund to enhance investment performance, deliver innovation through its diversified ...

Aurora targets retail investors with liquid hedge fund

MARK SMITH  |  MONDAY, 22 APR 2013
The need for daily liquidity is restricting retail investors from satisfying their increasing appetite for alternative investment products, according to Aurora Investment Management. The US-based hedge fund boutique said that difficult market conditions ...

EQT offer is undervalued and opportunistic: The Trust Co

LAURA MILLAN  |  MONDAY, 22 APR 2013
The Trust Company (Trust Co) has rejected the takeover offer from Equity Trustees (EQT) and asked its shareholders to ignore the "materially undervalued and opportunistic offer," in a statement to the Australian Securities Exchange (ASX). The Trust ...

Apps disappoint despite vast tech spend

MARK SMITH  |  MONDAY, 22 APR 2013
The problems consumers have encountered with mobile banking applications may inform the financial services industry as it looks to produce its own investment and superannuation apps. According to BanterMob director of mobile marketing and strategy Kelly ...

Market Wrap PM

AAP  |  FRIDAY, 19 APR 2013
Australian stocks have opened firmer, as investors defied a negative lead from Wall Street and took advantage of recent declines to get back into the local market. A strong rebound in resources-linked companies, which have been hit hard in recent days ...

Australian equity managers overlooking value stocks

MARK SMITH  |  FRIDAY, 19 APR 2013
A bias towards the most defensive stocks in the Australian share market indicates portfolio managers are overlooking significant opportunities in value stocks, according to a new report by van Eyk. The investment research house revealed that out of ...

Switzerland falling out of favour with UHNWs

MARK SMITH  |  FRIDAY, 19 APR 2013
Switzerland will lose its status as the private banking capital of the world by 2020, according to a new WealthInsight report. The research group, which tracks global trends in the ultra high net worth segment of the market, said it expected Singapore ...

Govt starts super reforms campaign

ALEX DUNNIN  |  FRIDAY, 19 APR 2013
The federal government has rolled out a public education campaign explaining superannuation reforms, starting with a website and street billboards. The website, http://superfuture.gov.au/ contains information for employers, individuals and super funds. ...