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| | | IOOF will simplify its multi-manager offering by combining its two product suites and closing a number of funds at the end of the month. The diversified financial services group will embed its United Sector Leaders Funds within the IOOF MultiMix suite ... |
| | | | ... Government should have gone further in not banning commissions where advice is involved. Klipin also feels commissions should stay on individual and group insurance. "Where advice is involved, no matter what the product, for example individual super ... |
| | | | Nominations for the AFA Female Excellence in Advice Award rounded out at 105 at the close of entries, a great result for the awards inaugural year. The Association of Financial Advisers (AFA) launched the award to encourage women to take on leadership ... |
| | | | ... seen but at this point, markets are just as happy chasing the dream. And have you noticed? The less European authorities stay off the headlines, the better European financial markets get. Calling all financial market editors. Then again, we couldn't ... |
| | | | ... aggressively in the wealth segment," said Phil Chronican, the group's chief executive in Australia, at the time. Van Der Wielen will stay with ANZ for a transition period, handing the role to acting manager director and general manager insurance, Gavin ... |
| | | | ... maintain its rating on US debt at the highest grade, AAA, and issued a "stable" outlook, meaning it expects the rating to stay there, another positive for sentiment. In economic data on Wednesday, the Australian Bureau of Statistics is due to release ... |
| | | | The Australian dollar was nearly one US cent higher on Monday morning, as the dust settled after last week's wild ride. At 0700 AEST on Monday, the Australian dollar was trading at 103.68 US cents, up from 102.80 US cents on Friday. Since 1700 AEST ... |
| | | | ... the market had to scramble to cover their positions by buying stock, causing equities to snap back hard. "It's too risky to stay on a short market that's down 20%," he said. Lonsec last night issued client advice stating the Australian market was reaching ... |
| | | | ... prohibitive and many people would not get full coverage." If annual funding exceeds expenses, the PC said this excess could go stay in the Premium Fund as a reserve. While not suggested by the PC, one possibility is any reserve could be managed by the ... |
| | | | ... Stevens, in a short statement with the decision, said that while the June quarter inflation figures were high, it should stay in the two to three per cent target range for the rest of the year. HiFX senior dealer Dan Bell said investors were moving out ... |
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