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| | | Superannuation funds worried about the cost of disclosing their portfolio holdings need to ditch their old legacy platforms, one of the world's biggest platform providers said yesterday. The Australian Securities and Investments Commission (ASIC) this ... |
| | | | Despite what continues to be a volatile market, AMP half yearly results reflect good growth in adviser numbers, banking, risk insurance and sales of key wealth management products such as Flexible Super and North. Announced this morning, AMP has posted ... |
| | | | The satisfaction gap between retail and industry super funds is narrowing, despite the widening investment performance gap, reveals the latest research from Roy Morgan. The satisfaction is now just 3 percentage points, compared to it peaking at 8 percentage ... |
| | | | The Australian dollar was higher on Wednesday although risk appetite was waning, after the release of contrasting economic data from the US and Europe overnight. At 0710 AEST on Wednesday, the Australian dollar was trading at 104.72 US cents, up from ... |
| | | | The Australian dollar was slightly weaker at noon on the back of a sluggish equities market. At 1200 AEST on Tuesday, the Australian dollar was trading at 104.93 US cents, up from 104.16 US cents on Monday. Since 1700 AEST on Monday, the local unit ... |
| | | | The average fund manager has outperformed Australian equity markets in the past year, but fees put their returns behind the index, research house Mercer said yesterday. After a difficult three months of trade, Mercer's sector survey for July found that ... |
| | | | The Australian dollar was stronger on Tuesday after a bouyant night on European and US equity markets and as commodities also pushed higher. At 0710 AEST on Tuesday, the Australian dollar was trading at 105.03 US cents, up from 104.16 US cents on Monday. ... |
| | | | Pensioner living costs are up 4.5% for the past 12 months, compared to regular inflation for the general population which is up only 3.6% over the same period. The Australian Bureau of Statistics June 2011 Pensioner and Beneficiary Living Cost Index ... |
| | | | Superannuation funds earning nearly 7% per annum over the past 20 years has forced minister Bill Shorten to defend the system itself while arguing why lifting SG from 9 to 12% is still a good idea. Speaking on ABC TV's Insider's program yesterday, Minister ... |
| | | | And so here we are ladies and gents. Very much unsure of where financial markets are gonna go. In times like these, it becomes so easy to get swept up by the mood of the mob. Someone shouts "sell" and everybody rush to the exits - never mind why, we ... |
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