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| | | Australian stocks were lower at noon, with weakness among the resources and banking sector dragging the broader market down. At 1201 AEDT, the benchmark S&P/ASX200 index was down 42.5 points, or 0.92 per cent, at 4,582.8, while the broader All Ordinaries ... |
| | | | The superannuation preservation age should be aligned with pension age and more means testing of benefits will be needed to contain superannuation costs, the Commonwealth Department of Finance and Deregulation (DoFD) has told the incoming government. ... |
| | | | Dateline 1 July 1997. Many will remember this day, the day that the United Kingdom handed Hong Kong back to the People's Republic of China. There was much trepidation and fear in the air leading up to the expiration of the UK's 99-year lease on the ... |
| | | | Financial services firm Equity Trustees has welcomed the regulator's call for tighter rules around RE licensing and said any reforms must match the increasing complexities of fund products now available to investors. Harvey Kalman, head of funds management ... |
| | | | Super funds are becoming increasingly flexible when structuring fees for their alternative investments, said Ray King, director of Sovereign Investment Research. "There is a fair degree of flexibility in structuring different strategies to suit different ... |
| | | | Michael Seton, chief executive of AGEST Super, has accepted the role of chief executive at Military Superannuation and Benefits Scheme following Paul Watson's resignation. Seton will begin his new role on Friday, 1 October. He replaces Paul Watson ... |
| | | | The Australian share market was marginally stronger at noon, with mining stocks leading the gains on the back of higher metals prices overnight. At 1200 AEST, the benchmark S&P/ASX200 index had gained 9.1 points, or 0.19 per cent, to 4,678.9 points ... |
| | | | ASX managing director and chief executive officer Robert Elstone is to step down in July next year, the company revealed today. In a statement to the exchange released ahead of its annual general meeting, chairman David Gonski revealed that Elstone ... |
| | | | AXA Australia hopes to fast track the way practice principals and advisers access their clients' data through adviserweb, a new website that houses insurance, pension and investment data under one roof. Cam Cimino, AXA's general manager in digital business ... |
| | | | A year after Premium Investors underwent a forced off-market buy back, company chair Tom Collins flagged cost savings of more than 40 per cent next year as part of a business restructure. Last Friday, the firm released a newsletter to investors highlighting ... |
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