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Blame planners, not me: Costello

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
... superannuation was free to do so. It's their investment decision," said Costello in an interview reported by The Australian newspaper. Costello said people who believe they were pushed into contributing too much money into superannuation, who have now ...

Negline joins Rainmaker

MICHELLE BALTAZAR  |  WEDNESDAY, 3 SEP 2008
Tony Negline has joined the Rainmaker Group, publisher of Financial Standard, as Technical Services Editor, heading the company's technical services library and CPD services for financial planners. In the newly created role, he will be the Editor of ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 AUG 2008
The Australian stock market is expected to gain after US equities rose. Gold miners may decline after the precious metal fell overnight. At 0737 AEST on the Sydney Futures exchange, the September share price index futures contract was 88 points higher ...

AFA searches for Rising Star

MICHAEL HOBBS  |  WEDNESDAY, 23 JUL 2008
... said. "Tell the judges the extras, whether its volunteering, paraplanner mentoring or submissions for financial advice newspaper columns." ING Australia has been sponsoring the award for three years. "These awards provide an opportunity to recognise ...

S&P names 2008 Fund Awards finalists

MICHELLE BALTAZAR  |  TUESDAY, 15 JUL 2008
... finalists of this year's 2008 Standard & Poor's Fund Awards. Standard & Poor's Fund Services, together with national newspaper The Australian, are awarding outstanding fund managers in nine sectors, and three group categories -Emerging Manager of the ...

Market Movers (10 July)

BENJAMIN ONG  |  THURSDAY, 10 JUL 2008
The Australian Bureau of Statistics (ABS) will release June Labour Force data at 11:30 AM today. Labour market surveys released earlier this week point to continuing weakness on the jobs front. The ANZ job ads survey released last Monday showed the ...

Economy slowing down and speeding up

ALEX DUNNIN  |  TUESDAY, 17 JUN 2008
The just released minutes of last month's Reserve Bank Board meeting show that while the board believes the economy is slowing, the rising terms of trade is pushing the economy hard in the opposite direction. "Board members noted that the bulk of indicators ...

Market wrap - Morning

AAP  |  THURSDAY, 12 JUN 2008
... average rose 1.16 per cent, boosted by exporters on a softer yen, while Daiichi Sankyo surged nearly five per cent after a newspaper reported it planned to launch a bid for India's biggest generic drugmaker, Ranbaxy. The benchmark Nikkei average added ...

APRA hunts down 32 funds

ALEX DUNNIN  |  WEDNESDAY, 11 JUN 2008
APRA is flexing its muscle and threatening to remove 32 trustees from their super funds. The prudential regulator has announced it is seeking information on 32 superannuation funds whose Trustees have failed to apply to APRA to be licensed. It is proposing ...

ING A rejects munitions claims

MICHAEL HOBBS  |  FRIDAY, 6 JUN 2008
... institutions to clarify their positions around investing in defence and munitions companies after queries were expressed in a newspaper letter to the editor. According to a spokesperson at ING Australia, the firm enforced a strict investment procedure ...