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| | | The Australian sharemarket was two per cent lower at noon after falls in the financial sector outweighed strength in resources. At 1200 AEDT, the benchmark S&P/ASX200 index fell 74 points, or 2.03 per cent, to 3,566.7, while the broader All Ordinaries ... |
| | | | Quadrant Superannuation is offering its members the chance to win $1000 if they roll over their super. In a newsletter emailed to members, the super fund gave its members the opportunity to win the cash until mid December. Members with more than one ... |
| | | | The Financial Planning Association of Australia's (FPA) pro bono advice program trial in the New South Wales region of Sunraysia has resulted in a dozen referrals from rural financial counsellors to financial planners just over a year. Susan Grice ... |
| | | | Retail managed funds in Australia suffered nearly $80 billion in losses, according to data from Plan for Life. Overall retail managed funds at the end of September totalled $513 billion, down 15.2 per cent or $78.1 billion over the past year. Macquarie ... |
| | | | Plum Financial Services' new managing director Paul Carter flags plans to boost its communication campaign and delay some investment projects scheduled for next year to 2010 to steer Plum through a difficult 2009. Carter, who took over the reigns from ... |
| | | | ... Congress and the White House finalized an agreement on $15 billion in aid for Detroit's struggling car companies. However, the plan still faces headwinds as Republicans raised concerns about the bailout. The plan negotiated by the White House is being ... |
| | | | The Financial Ombudsman Service (FOS) is urging financial services providers to invest more in staff and systems to deal with client complaints after it found a high 23 per cent increase in the number of new disputes this year. FOS has released its ... |
| | | | Bellwether Partners has appointed AFM Investment Partners to source wholesale and institutional mandates. Bruce Bell, Bellwether Partners chief investment officer, said the firm always planned to hire an investment mandate specialist once the investment ... |
| | | | US-based specialist financial advisory firm Lowenhaupt Global Advisors has set up shop in Sydney. Lowenhaupt Global Advisors, a firm that calls wealthy families its niche audience, has opened a Sydney office - the latest addition to the firm's existing ... |
| | | | ... funded over no more than seven years," said Adrian Hartshorn, member of the Mercer Financial Strategy Group. "Without relief, plan sponsors must shoulder the immediate burden of sudden, unexpected large increases in plan contributions at a time when ... |
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