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| | | Fees on compulsory superannuation should be slashed to only be on the basis of cost-recovery, said the conservative think tank the Institute of Public Affairs. Sinclair Davidson, a senior fellow at the IPA and professor of institutional economics at ... |
| | | | The lower returns outlook will force trustees to look further afield for capital growth, even into areas that they previously ignored or rejected. It's not just an Australian phenomenon either as it's happening to trustees the world over, said Stephane ... |
| | | | The worst kept secret in the financial services industry edged closer to reality this morning as AMP announced a fresh bid for AXA Asia-Pacific Holdings. AMP has offered AXA APH minority shareholders at least $6.43 per share in a combination of cash ... |
| | | | Two of the country's largest super funds, AustralianSuper and AMP, said a fully cohesive superannuation industry will never be achieved, as retail and not-for-profit super funds cannot completely set aside their differences to tackle the toughest issues ... |
| | | | Just one day after results showed super funds have delivered paltry 4 per cent average returns, new research has confirmed that for members their number one priority is investment performance. The research was conducted by Mercer who interviewed 500 ... |
| | | | ... Tuesday, the markets are waiting on the Federal Government's release of its mid-year economic review, to be released in Canberra. Dun & Bradstreet also releases its business expectations survey, and National Australia Bank issues its monthly business ... |
| | | | The country's six largest platforms control three-quarters of their market while the six largest planning groups control less than half of their market, suggesting where the power to influence the financial advice industry really lies, research shows. ... |
| | | | Money pouring into global ETFs is changing the dynamic drivers behind global stock prices, pushing macro beta factors to fore rather than fundamentals, said hedge fund advisory firm Hennessee Group. "ETF's have grown in popularity, they are accounting ... |
| | | | Coalition superannuation spokesperson and shadow assistant treasurer Senator Mathias Cormann has given the strongest signal yet that the opposition is unlikely to support lifting SG to 12 per cent. Senator Cormann said Bill Shorten, the Assistant Treasurer ... |
| | | | Many Statements of Advice prepared by financial advisers contain too much irrelevant information that just adds to their preparation costs and bewilders their clients all while providing no extra compliance protection. Clare Wivell Plater, director ... |
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