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Ord Minnett manager launches adviser social startup

ALEX BURKE  |  TUESDAY, 13 DEC 2016
A former NSW executive state manager at Ord Minnett has launched a startup that provides social media strategy for financial advisers. Tom Loneragan, founder and director of Latch Consulting Group, explained to Financial Standard that while many advisers ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 DEC 2016
China vehicle sales China's tax break on small vehicles -- halving the 10% purchase tax on vehicles with 1.6-liter engines or smaller - is having the same impact as the US' 'cash for clunkers' programme back in July 2009, it's sending car purchases ...

Investment managers must find purpose, not performance

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
Investment managers need to move away from the current culture of performance-driven investing towards one that is purpose-driven. This is the key theme of the latest insight from State Street's independent think-tank, the Centre for Applied Research ...

New product simplifies APRA reporting

JAMIE WILLIAMSON  |  MONDAY, 12 DEC 2016
... benefit from increased automation to manage and monitor compliance with the APRA IT security guidelines," Jackson said. "This not only provides support for the auditing process, but also gives security teams greater visibility into their organisational ...

YBR lending chief departs

ALEX BURKE  |  MONDAY, 12 DEC 2016
... previously been chief executive of Vow before YBR acquired it in May 2014. He will take on a new role as chief executive of not-for-profit mortgage processing data transaction business LIXI. Before YBR and Vow, Brown was head of sales and distribution ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... the US economy's 3.2% annualised growth rate in the third quarter. Inflation and inflation expectations. Check. Inflation is not there yet but it's bound to get there. The Fed's favoured inflation measure - the core PCE price index - accelerated to 1.74% ...

Super clarity presents adviser opportunity

KERRIE SYDEE  |  FRIDAY, 9 DEC 2016
... pension account. After this cap has been met or if a client's combined accumulation account balances exceed it, they will not be able to make further non-concessional contributions. Rice Warner highlights three key opportunities for financial advisers ...

New chair for National Seniors

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2016
... so paved the way for significant future progress," Guille said. "He is well respected across government, business and the not-for-profit sector and is known for his dedication to advancing the interests of all over 50s."

Coin flipping better than macro forecasts

ALEX BURKE  |  FRIDAY, 9 DEC 2016
Using macroeconomic forecasts to predict global politics isn't too far from flipping a coin, according to Prime Value Asset Management portfolio manager ST Wong. Pointing to the Brexit surprise and Donald Trump's election, Wong said: "You may have more ...

Individual risk sales flat for three years

ALEX BURKE  |  FRIDAY, 9 DEC 2016
Growth in life insurers' individual risk business was "virtually static" in the three years to 30 June 2016, research reveals. The Health and Wellness Report, published by Strategic Insight (formerly Plan for Life), highlights that while individual ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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