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| | | ... correct figure being a loss of 7.79 per cent. Another example is the fund's balanced option for its account-based pension plan members, who received statements citing a 4.58 per cent loss, when in actual fact it was a loss of 5.72 per cent. For the fund's ... |
| | | | Key dealer groups Australian Financial Services, The Salisbury Group and Snowball step up to explain their business models after the Storm Financial collapse. While Storm Financial is one of hundreds of dealer groups in the market, its troubles stemming ... |
| | | | Tomorrow is the inauguration of Mr. Barack Obama as the 44th President of the United States. What does the day after tomorrow hold? Long before this event, the media had already been speculating on what First Lady-elect Michelle Obama would be wearing ... |
| | | | ... employer and member-related services to maintain its top spot in the ultra-competitive corporate trust sector. Last year, Plan for Life reported that the Mercer Super Trust enjoyed a high 59 per cent increase in inflows to $3.4 billion, mainly due to ... |
| | | | ... it [tapping the SMA market] right yet, so I think it's a real challenge and a real opportunity," he said. So far, Aviva's plan to release an adviser-approved SMA offering appears on track. The company has been seeking product feedback for the past 18 ... |
| | | | BNP Paribas Investment Partners has released Impax Environmental Markets Trust giving Australian investors exposure to a market which the firm expects will benefit from global government environmental policy. UK based Impax Asset Management holds a ... |
| | | | The Australian stock market may gain after US equities and commodity prices rose on Friday. At 0735 AEDT on the Sydney Futures Exchange, the March Share Price Index futures contract was up ten points at 3,534. In economic news, the Australian Bureau ... |
| | | | ... Australian Executive Trustees will take over as trustee of the super funds. JR Superannuation Fund, Bendigo Staff Superannuation Plan, SMF Master PST and United PST are also affected by the change. According to a statement from Australian Wealth Management ... |
| | | | Voluntary administrators, Worrells Solvency and Forensic Accountants have closed Queensland based financial planning group Storm Financial resulting in 115 staff members losing their jobs. According to a statement, Worrells Solvency and Forensic Accountants ... |
| | | | Shariah-compliant hedge funds could outperform their traditional hedge fund counterparts this year, predicts Aureliano Gentilini, global head of hedge fund research at Thomson Reuters Lipper. Gentilini said that Shariah-compliant hedge funds stand to ... |
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