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| | | A new proposal by Finance Minister, Bill Shorten would provide a transition period of just over 12 months for those that aren't ready with their shortened PDS this year. Starting from 22 June 2012, PDS for all superannuation products and simple managed ... |
| | | | MTAA Super has rejected claims it lost $500 million in currency transactions in 2009 and dismissed claims it was unhedged during the depths of the GFC. "The Fund did not have $500 million of losses because of the removal of currency hedges during the ... |
| | | | The Australian market again has received negative leads from offshore trading overnight, with Wall St and European markets ending lower while oil bounced higher. Precious metals fell, and base metals were mixed. At 0719 AEST on the ASX 24, the June ... |
| | | | Alpha Fund Managers has invested in BlackRock's Australian equitised long short strategy, adding the manager to its Australian blue chip fund. Boutique multi-manager Alpha has bought into the long short strategy, which outperformed the S&P/ASX200 index ... |
| | | | Responding to planner concerns over FOFA and opt-in, IRESS has incorporated opt-in capabilities in to its next XPLAN update. The opt-in period is still to be finailsed with Independent MP, Rob Oakeshott, last week re-igniting the debate.Planners are ... |
| | | | The investment world has its eyes firmly fixed on China and rising inflation. The ease with which it side-stepped the GFC has investors worried that growing inflation will necessitate strong policy intervention which will inhibit continued growth. "The ... |
| | | | The Australian market has received mixed to negative leads from offshore trading overnight, with Wall St closing lower in a late drop just before the markets closed. At 0726 AEST on the ASX 24, the June share price index futures contract was flat at ... |
| | | | Assistant Treasurer, Bill Shorten, has today announced the phasing out of drawdown relief for pensioners but made provisions for 2011-12, expected to benefit some 120,000 self-funded retirees. Under past regulations, self-funded retirees were required ... |
| | | | Australian shares have opened lower again after a fourth consecutive fall on Wall Street due to concerns about ongoing economic weakness. At 1015 AEST, the benchmark S&P/ASX200 index was down 23.2 points, or 0.51 per cent, at 4,545.9, and the broader ... |
| | | | The Association of Financial Advisers (AFA) has opened nominations for its 2011 AFA Rising Star of the Year Award. The AFA's Rising star of the Year Award (Award) is designed to celebrate the talented newcomers in the world of financial advice. Established ... |
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